"I have 2 farms for rent and one pays rent 2 times a year and the other farms pays 3 times per year."
Based on that limited information, the Quicken Rent Center should be able to handle the twice a year rental with a six month lease. But there is no four month lease available via the Rent Center, so I don't believe the Rent Center will be able to accurately track your rent for that property.
I would select a six month lease for the twice a year property, and "Other" for the "3 times a year" property. Lease info is found on the Terms and Agreement tab in the Add, or Edit, Tenant dialogs.
Since the rent Reminders generated by Quicken when a tenant is assigned to a property in the Rent Center are problematic, I think your best bet is to delete both of the rent Reminders created by Quicken and create your rent Reminders directly at Tools > Manage Bill & Income Reminders.
The rent Reminders you create should have certain characteristics:
- The rent Reminder should have the correct period with an appropriate "Due Next On" date.
- The Reminder Payee name should be the same as the Tenant name created in the Rent Center.
- The Reminder category should be a rental property rent income category; it should have a Schedule E income tax line item assigned.
- The Reminder tag should be the Quicken Property Tag for the property created in the Rent Center.
- The Reminder amount should be the rent amount specified in the Rent Center.
When properly constructed, a manually created Rent Reminder can be entered in the Rent Center by selecting the appropriate Property and clicking on the Enter button to the right of the Rent Amount.
Quicken user since Q1999. Currently using QW2017.
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Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP