(Outdated) Record an Owner Distribution

How to show you sent your property owners their profit.

Samuel avatar
Written by Samuel
Updated over a week ago


One of the most important things you do as you manage properties is to pay out rental profit to your owners. (They would get pretty mad if you didn't!) In DoorLoop, you record this by creating an Owner Distribution.

If you are the property owner and you take money out of the property's bank account, you still need to record this with an Owner Distribution. This way, your removal of these funds from the property is reflected on the property's balance sheet and your accounting will be correct.

Please use the updated article located here.

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