Tax Handling of Property Management Reserve Account?

[Mehran K.]

Quick question for the tax professionals :)

From the collected rent on my duplex (June), I've allowed the property manager to hold $500 as reserves for future expenses/improvements etc.

Hypothetically (because I'm know expenses will come up), let's say there are no expenses this year, leaving the $500 untouched. Would this amount be handled any different from the rest of my gross income for the year? Just want to clarify because my PM listed it as an expense in her monthly report.

Thanks in Advance!