Not sure what you mean by “recurring rent” since we all know rent is never guaranteed. Sometimes it arrives on the 1st, sometimes the 5th, and sometimes not at all. For cash-based bookkeeping, income and expenses are tracked on the Transactions page when actually received. Most investors link up a bank account so the data appears automatically.
Devin! Not everything goes through a bank account. Aside from rent, what about all the other fixed recurring monthly transactions?? Insurance, property tax, gardener etc… So many people have complained about this not being an option–why not add it??