Bookkeeping for landlords managing property managers
Some properties are self-managed, so we create an invoice for each tenant, and mark them as paid as rents are collected.
When collecting rents that go through property managers, I am not sure what the best practice is in QBO.
Should I be invoicing the tenants (and then sending these invoices to the property manager), or invoice the property managers?
We are not sure what the best way to go forward with this.