Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago on .
Most recent reply
presented by

CPA Input: Recognize Past Due Rent
Hey Folks, looking for a little knowledge: my tenant applied for a COVID rent assistance program in October 2021, they did not pay November/December 2021 rent. The COVID assistance program paid the rent amounts in Feb 2022.
I'd like to recognize the rent earned in November/December 2021 even though I did not receive it until Feb 2022. Is this possible?