cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Get unlimited expert tax help and powerful accounting in one place. Check out QuickBooks Online + Live Expert Tax.

Reply to message

View discussion in a popup

Replying to:
Juju-Bee
Level 1

Reply to message

Hi Eman,

This post has been helpful. I have a similar situation. I had to loan my rental property money every month last year due to vacancy. However, I have a current tenant and am starting to pay myself back. Can I use the same method you described for a one time loan: create a liability account and then each time I loaned more money just add them in this account? If so, will I use this same account when I start paying myself back? 

 

Thank you,

Jude

Need to get in touch?

Contact us