Track income and expenses for a rental property
Tip: For easier reading, click
(above).
If you have rental property, you can track all its related income and expense.
1 On the
navigation bar (The strip at the top of the Money screen where you can click to go to the different areas in Money.), click
Categories.
2 In the left pane, click Classification 1 or 2.
3 Under Type, click Properties or enter an appropriate name.
4 Click OK.
5 Create a new class for each property.
For a property with multiple units, create a class for the building, and then create a subclass for each unit.
How?
1 At the bottom of the screen, click New.
2 In the Name box, enter a name for the property.
3 Click OK.
4 Click New again if you want to create other properties or any subclasses for a property.
Your new classification will now appear in the Account Register.
6 When you enter a transaction related to the property, you can assign it to the appropriate classification.
How?
1 On the
navigation bar (The strip at the top of the Money screen where you can click to go to the different areas in Money.), click
Accounts.
2 At the top of the left pane, click the down-arrow
, and then click the account you want.
3 In the middle of the screen, click the transaction form you want, then click New.
4 To edit an existing transaction, find it in the Account Register, and double-click it.
This field appears below the Category field, and is labeled with the name of the classification you created. If your classification includes subclasses, type a colon after the class, and then enter the name of the subclass.