Collecting a years rent in advance

[Loren Becker]

Hello,

I know this is probably a good problem to have, but we have a vacancy in a high end property in Hermosa Beach.  The rents is $8700 per month, our recent prospect tenant is asking to pay a full 12 months up front.  

We would be receiving a check over $100k along with the deposit.  Great news!

My question is the tax implications.  that extra revenue in 2016 would impact us in our taxes 

any suggestions?

Thank you,