How to categorize lender funds earmarked for improvements?

I purchased a 2 homes under the same loan. The loan included money for improvements. Do I have to count that money as income? Or what category would the improvement amount go to?

@tobistas3001 Thanks for your question. Stessa is built to be flexible enough to handle different income and expense situations, but we do not provide specific tax advice. We do offer categorize including Loan Proceeds and various CapEx buckets as well. You’ll want to check with your CPA for more information about how to handle this scenario.