This approach will work with a partnership or a trust.

Note that the difference is that the partner loan balances are handled via the equity section rather than through the liability section as you see in a trust.


Step 1. Activate "Rentals" via Manage Section/Financial Picture


Step 2. You need to create "worksheet" via Income > Rent tab

Note that, imported rentals from accounting software does not inject to the form.

Step 3. Fill the Rental information

  use an import feature. 


Step 4. "Rental" summary


Notes

  • Adding and linking Capital Works and Capital Allowance, checking this related guide HERE
  • CO-Owner

If there is a co-owner of the property, you need to set via "Owners" section, and select percentage.


The "Rental Worksheet is automatically linked/synched as long as the partner/spouse is built from the "Relationship" tab.


Related Guides:

Rental Income NOT for Business

Rental Schedule from QuickBooks