Security Deposits
How do you handle security deposits? I know that they are placed in a seperate account, but I am wondering how to account for non-refundable pet fees? Can I treat this as income and move it to my day-to-day checking account. Or does it need to stay in my deposit account as a liability? If I sell the builing does the non-refundable pet fee transfer with the sale of the building? Thanks in advance, Kevin!