Property Portfolio

Hi @elbutio

You’re spot on - projects would be the way to achieve this. You can tag multiple sales and purchase invoices to a project (which you could use one project per property). This will allow you to produce a profit and loss report for each project.

This should be fine. If they’re a liability for the business, then yes, they should be recorded so it’s on your balance sheet.

This thread is from a few years back, but the concept still remains. Hopefully this will help setting up the mortgage account: Accounting for loans - #2 by Glenn. This thread may also help: Property and motgages - #3 by Ola

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