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home/Knowledge Base/Property Owner Related/Will Non-Rental Income show up in the Owner Statement?

Will Non-Rental Income show up in the Owner Statement?

5 views 0 December 5, 2022 Updated on December 11, 2022 mippsupportadmin

Non-rental income amounts to any earnings made by the property owner/manager other than the rent paid by the tenant. These could be, for example, overnight parking fees or fees for a guest staying over. It is a form of payment established with the tenant.
Once we see the owner statement, we can see that non-rental income is included. However, they come under a different name, which is ‘Reimbursable Revenue’. This falls under the ‘Revenue’ category, and it is payable to the owner.

For more information on owner reports, go to: https://support.mipropertyportal.com/knowledgebase/explanation-of-owner-disbursement-report/

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