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Join nowYou would set it up as a rental company.
Hello,
Good question. Managing trust funbds is a tricky and serious animal.
This is what we do every day.
We would recommend that you manage your own properties separately from those you manage for others.
You must keep their funds separate from yours! It's the law.
There are simple setups, we've created as work-arounds in QuickBooks that we can offer you. We are always happy to offer a no-cost initial consultation to help you decide how to approach this yourself or explore what kind of services are available to you on a one time, monthly, quarterly or annual basis.
We are always here to offer some answers to QBO users, just as part of the community here that also frequently assists Accountant users, too!
Please let us know how we can best assist.
Best regards,
Michelle Hunnewell
BizPro Financial
[email address removed]
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