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Quicken Classic for Windows
Business and Rental Property Tools (Windows)
I have rent increase coming up on a tenant. How is the best way to do this?
mcmvols
I have rent increase coming up on a tenant. How is the best way to do this?
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mcmvols
Do you have to end the lease and start a new one for that tenant? Or can you just increase the rent from a point/date going forward without ending the current lease and keeping the past history?
Quicken Jasmine
Hello
@mcmvols
,
Thank you for contacting the Quicken Community with this question, I would be happy to help you.
There is not a specific area for "Rental Increase", however, details on rent and lease terms can be edited by navigating to
Rental
tab
> Properties & Tenants > Show Tenant List >
Select the tenant to modify and click
Edit.
I hope this helps!
mcmvols
Once you edit the tenant as described, does this change all the past history or does this just modify the rent going forward? I do not want my history to change, such as showing late fees for all the past rent payments.
Quicken Jasmine
Hello
@mcmvols
,
The history should be posted and saved as transactions in the register so editing the tenant should not affect the history, only future transactions, and information.
I hope this helps!
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