The Wall Street Journal rule.

So, we have no land yet, but I like to journal about new creative strategy and wanted to see if you can build a small multi-family. 

@Dan TurkelThe correct way to do it.You record an 'adjusting journal entry' for your PM transactions that indicate what the PM mentions in their monthly PM Report.The net amount owed to you is either ' Due from PM' or 'Due to PM'.When you receive the payment from your PM, it updates the Due to / Due From account.Example - A monthly PM company reporting $1000 of rental income and $100 of PM FeesDue from PM - $900PM Fee - $100               Rental Income               $1000Cash           900               Due From PM                  $900Difficult for most non-accountants to understand.best of luck

"The Balance" is not journalism it is advertising.Lehman's failure rocked the Fed.

The saddest thing about journalism today is that the outcome is chosen and the facts are selected to support the outcome regardless of whether it is accurate or not.

Under SB 291, landlords must now provide a written statement of denial within 14 days of the denial, so it is imperative that landlords promptly seek guidance when needed.Quote from Rental Housing Journal.

After a few days of meditation, journaling, and self reflection I came to a conclusion. 

@John Harvey - Last year I received branded Yeti travel mugs, branded fleece blanket, and a branded journal. 

_________________________________________________________________________________________________I, personally, use Brandon Turner's Intention Journal on Biggerpockets for my everyday action plan.

A “renter’s choice” city ordinance — requiring landlords to accept renters’ insurance and other alternatives to a cash security deposit — passed last week by Cincinnati City Council was featured in a weekend article by the Wall Street Journal’s Will Parker (paywall).