I have property in Phoenix where it’s required to pay a TPT (transaction privilege tax) which the property manager charges the tenant for that fee. For tax purposes this is considered Income and I need it to show on the Cash Flow and Schedule E. If I categorize it as Rent it does so, but then it shows up on the Rent Roll and throws it off every month because the lease only has the lease amount. So, is there a category I can use that will allow it to show as income but not Rent, or is there a way to add “fees” to the Rental lease that I’m not seeing? If neither of those are available, how can this be handled?
Hi @bob The best workaround, at the moment, would be to manually “Add a Charge” on the tenant ledger. Currently, you would have to add the fee each month.
But we’re working on an update to allow more flexibility with fees and hope to have it fully functional soon.
1 Like
Thanks @victor, that will be a great feature, looking forward to it
1 Like