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Multiple owners for each property

Option to have multiple owner entities for each property, with options to charge jointly or separately and disburse funds separately

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AdminNathan (Engineering Ninja, Rentec Direct) shared this idea  ·   ·  Flag idea as inappropriate…  ·  Admin →

19 comments

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  • Gloss, Debbie commented  ·   ·  Flag as inappropriate

    Please do this. We need to pay two owners separately for a single property with a split based on ownership. In our case, it is simple 50/50, but in the future it could be a varied ratio of ownership for other properties.

  • Amy Stone, RMP® commented  ·   ·  Flag as inappropriate

    PLEASE! This is absolutely a nightmare to deal with when juggling mutiple owners and multiple properties in partnerships. Honestly, it's the root cause for us questioning whether or not we should change software providers.

  • Savner, Mallory commented  ·   ·  Flag as inappropriate

    I see that this is something that has been requested since 2013. I feel this should have been added already, but definitely should be added now. This function would be greatly appreciated!

  • Gorman, Justin commented  ·   ·  Flag as inappropriate

    Dealing with companies which have multiple owners. Providing them with unique log-in's, saving them time by dispersing money appropriately, & communicating to all of them is important. This functionality would be very useful.

  • Haan, Sue commented  ·   ·  Flag as inappropriate

    Multiple owners is something I deal with regularly. Proceeds/expenses need to be split. Adding this feature would be helpful to me. Thanks

  • JOni Klein commented  ·   ·  Flag as inappropriate

    I have an owner who owns two separate single family homes both of which are being rented by the same contraction company how do I do the accounting on this one?

  • Calhoun, Duane commented  ·   ·  Flag as inappropriate

    Yes, came across a husband and wife that surprisely filed their taxes separately and demanded we send them 50/50 1099 and Schedule E info. Great suggestion.

  • Fox-Embrey, Lynn commented  ·   ·  Flag as inappropriate

    This is very important to have this option. I would love for the system to allow this. I have several properties that have more that one owner and the percentage due to them are different and not necessarily the same.

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