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General Property Management
Accounting for Property Management Transactions
r
rick s
started a topic
over 15 years ago
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
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J
James P
said
over 15 years ago
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.
J
Jason S
said
over 15 years ago
I use
www.simplyaccounting.com
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