Rental Property Management Fee
I get $X each month from my Property Management Company which is deposited directly into my account. This amount is a net amount after the company deducts their fees, any repairs, insurance, etc. I want to track these expenses in Quicken. For example I receive a direct deposit check for $4000. My rents are actually $4500 but the Property Management Company takes $500. How do I account for the expense of $500?
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