Best practice for an odd situation?
So I have a few rental properties and I have a property manager, I do my own bookkeeping.
The PM manages my properties as one account. I manage each property separately. This isn't a problem usually, every month I get "here is the income for property A, the expenses for Property A, etc"
Example: property A has +1900 and -400= I log $1500 bc that is what hit my acct.
Until this month.
I have a vacancy and it incurred $70 of utilities, I have exhausted my reserve fund held with the PM, NBD, so this time they said, "property A had $1900 in income, $0 in expenses, property B had $0 in income, $70 in expenses, we have held $300 from property A for reserve"
So I was paid $1600 for property A and $0 for property B
Should I log $1900 for property A and then transfer $300 from my property B acct to property A and then log the $300 in expenses (I can itemize it, not just filling reserve) bc I don't think I ever had to fill reserve.
In past situations my property was occupied before I exhausted $300 so I got a "property B +$1400, -300 = $1100"