Landlord Question and Answer Forum
We are starting to manage properties for other owners. Can someone tell me how to account for incoming rent (assuming it is a current liability) and then the income to us from tenant placement fees and monthly management fees?
Thanks,
Rick
rick s, WV on Wednesday, November 21, 2007
Accounting for Property Management Transactions
While there are provisions you can put into a lease that allow for collection of rent and other related fees, this seems more like an accounting question that accounting-oriented contributors may be familiar with.
Posted by
James P, PA
on
Sunday, November 25, 2007
RE: Accounting for Property Management Transactions
I use www.simplyaccounting.com
Posted by
Jason S, OH
on
Wednesday, November 28, 2007
Author:
Jacob W, WI
Updated:
06/24/2019
|
Author:
Harold P, MO
Updated:
12/15/2021
|
Author:
Jared B, UT
Updated:
11/09/2015
|
Author:
Troy D, WA
Updated:
12/09/2014
|
Author:
Scott H, IA
Updated:
02/11/2012
|
The forum is completely free to anyone! If you wish to post a message, you must
log in. If you are not registered already,
Join today to create a free account!
Any comments and opinions that are expressed by the users of this forum are solely
those of the authors, and have not been reviewed or approved by ezLandlordForms.