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About MrsBryant8
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MrsBryant8
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Re: Accounting for rental properties
Since you aren't writing a check for mgmt fees and their maintenance reimbursements, record these expenses in the deposit window as negatives. Fill in vendor na...
MrsBryant8
Updated
Nov 29, 2022
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Re: Closing out Owner Investment and Distribution at end of year.
Distributions are zeroed out to Retained Earnings on Jan 1st so the 12/31 Bal Sht will show the correct Distributions and Retained Income for the year
MrsBryant8
Updated
Mar 25, 2024
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