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When it comes to reporting, you can choose to select as many or as few properties as you wish. When creating unit properties, you can select which other property represents the building that unit belongs to. The income and expense transactions for an individual unit will be entered against the `Unit` properties. mortgage on the building, repairs to the common driveway etc) will be attributed to the `Building` property. In this way, any expense transaction which applies to the entire building (e.g. For example, if you have a building with 10 units being managed, you would create 11 properties in RentMaster in total. If the property being entered is an apartment building or similar, where multiple units exist at the same address, this is best handled by creating one property which represents the building as a whole, and one property for each unit. How do I record rent income from the tenant. Reports and graphs may also be printed or reviewed at regular intervals to watch the progress of the properties. Use the Cashbook under the Transactions menu group to add income and expense transactions which are attributable to the properties you are managing. Step 5 and ongoing - Enter income and expense details. If you are a property manager for someone else’s properties you will probably not need to complete this step as the mortgage will be handled by the owner. Step 4 - Create Mortgages Choose Mortgage / Mortgages and create an entry for each mortgage which is being handled by you. Step 3 - Create Tenants Choose Tenant / Tenants and create the details for each tenant which is currently renting the properties you have previously entered. Choose Property / Properties and create new property entries for each property which is being rented out. If only one owner owns all properties then this step may be skipped. Choose Owner / Owners menu option and create the owners of the properties. You can either follow this list of instructions, or you can choose Getting Started from the General section of the display menu for on-screen interactive instructions. If you have just started using this program and would like to know where to start then read the following steps.