Chart of Accounts

70 active accounts

Bank Accounts

21

Account Name

Opening Balance

Current Balance

Plaid

$23,298.28

Connected

$8,735.24

Connected

$1,000.00

Connected

$1,000.00

Connected

$0.00

Connected

$5,850.00

Connected

$2,776.33

Connected

$2,676.26

Connected

$2,500.92

Connected

$2,400.97

Connected

$2,251.01

Connected

$2,551.35

Connected

$2,325.84

Connected

$0.00

$7,051.49

Connected

$2,851.26

Connected

$2,025.80

Connected

$0.00

$5,119.91

Connected

$13,726.22

Connected

$2,880.37

Connected

Assets

28

Code

Name

Sub-type

Tax Line

Entries

Balance

1000

Cash on Hand

Petty cash and undeposited funds

CASH

-

0

$0.00

1010

Operating Checking

Primary business checking account

BANK

-

247

$23,298.28

1012

BANK

-

3

$2,251.01

1013

Operating - 8 Brook Way LLC

Linked bank account from bank feed

BANK

-

0

$1,000.00

1014

Security Deposit - Shani Evans (1 Orchard St)

Linked bank account from bank feed

BANK

-

3

$2,500.92

1015

BANK

-

5

$2,776.33

1016

BANK

-

3

$2,676.26

1017

Security Deposit - 22 GreenTree

Linked bank account from bank feed

BANK

-

4

$0.00

1018

Operating - 1 Orchard St LLC

Linked bank account from bank feed

BANK

-

0

$1,000.00

1019

BANK

-

0

$2,250.00

1021

BANK

-

3

$5,119.91

1022

BANK

-

3

$2,851.26

1023

BANK

-

3

$7,051.49

1024

BANK

-

3

$2,325.84

1025

BANK

-

3

$2,400.97

1026

Security Deposit — Tal Givati Dener (8 Brook Way)

Linked bank account from bank feed

BANK

-

3

$13,726.22

1027

Security Deposit — Ticharwa Makura (1 Orchard St)

Linked bank account from bank feed

BANK

-

3

$2,880.37

1028

BANK

-

3

$2,025.80

1029

BANK

-

0

$4,500.00

1030

Inter-Account Transfer Clearing

Clearing account for bank transfers between owned accounts

CASH

-

4

$-14,853.57

1031

BANK

-

3

$2,551.35

1032

Security Deposit - Il Sok Oh (165 Jefferson Ave)

Linked bank account from bank feed

BANK

-

2

$5,850.00

1100

Accounts Receivable

Rent and fees owed by tenants

ACCOUNTS RECEIVABLE

-

0

$0.00

1200

Security Deposits Held

Tenant security deposits in escrow

CASH

-

0

$0.00

1500

Buildings

Property buildings at cost

FIXED ASSET

-

0

$0.00

1510

Accumulated Depreciation

Cumulative depreciation on buildings

ACCUMULATED DEPRECIATION

-

0

$0.00

1520

Furniture & Fixtures

Appliances, furniture, equipment

FIXED ASSET

-

0

$0.00

1530

Accum Depr - F&F

Cumulative depreciation on F&F

ACCUMULATED DEPRECIATION

-

0

$0.00

Liabilities

5

Code

Name

Sub-type

Tax Line

Entries

Balance

2000

Accounts Payable

Bills owed to vendors

ACCOUNTS PAYABLE

-

2

$1,678.49

2100

Security Deposits Liability

Security deposits owed to tenants

SECURITY DEPOSITS LIABILITY

-

48

$194.49

2200

Mortgage Payable

Outstanding mortgage balances

MORTGAGE PAYABLE

-

0

$0.00

2300

Credit Card Payable

Business credit card balances

CREDIT CARD

-

84

$2,121.78

2301

Operating - Chase Credit Card

Linked credit account from bank feed

CREDIT CARD

-

51

$8,735.24

Equity

3

Code

Name

Sub-type

Tax Line

Entries

Balance

3000

Owner's Equity

Initial capital contributions

OWNER EQUITY

-

2

$-11,978.57

3100

Owner's Draw

Owner withdrawals / distributions

OWNER DRAW

-

6

$-45,200.86

3200

Retained Earnings

Cumulative net income

RETAINED EARNINGS

-

0

$0.00

Income

6

Code

Name

Sub-type

Tax Line

Entries

Balance

4000

Rental Income

Monthly rent payments

RENTAL INCOME

Rents Received

95

$209,660.08

4100

Late Fee Income

Late fees charged to tenants

LATE FEE INCOME

Rents Received

1

$100.00

4200

Pet Fee Income

Pet fees and deposits

OTHER INCOME

Rents Received

0

$0.00

4300

Parking Income

Parking space fees

OTHER INCOME

Rents Received

4

$800.00

4400

Laundry Income

Laundry / vending income

OTHER INCOME

Rents Received

0

$0.00

4900

Other Income

Miscellaneous income

OTHER INCOME

Rents Received

0

$0.00

Expenses

28

Code

Name

Sub-type

Tax Line

Entries

Balance

5000

Advertising

Marketing and advertising costs

ADVERTISING

Advertising

2

$161.99

5010

Processing Fee

Payment processing fees

OTHER EXPENSE

-

7

$407.00

5100

Auto & Travel

Vehicle mileage and travel

AUTO TRAVEL

Auto & Travel

23

$2,349.67

5200

Cleaning & Maintenance

Regular cleaning and upkeep

CLEANING MAINTENANCE

Cleaning & Maintenance

16

$7,782.13

5300

Commissions

Leasing commissions

COMMISSIONS

Commissions

0

$0.00

5400

Insurance

Property and liability insurance

INSURANCE

Insurance

14

$4,678.47

5500

Legal & Professional Fees

Attorney and CPA fees

LEGAL PROFESSIONAL

Legal & Professional Fees

8

$29,505.00

5600

Management Fees

Property management fees

MANAGEMENT FEES

Management Fees

0

$0.00

5700

Mortgage

Interest on mortgages

MORTGAGE INTEREST

-

9

$24,739.73

5800

Other Interest

Credit card and loan interest

OTHER INTEREST

Other Interest

0

$0.00

5900

Repairs

General repairs and fixes

REPAIRS

Repairs

6

$8,124.37

6000

Supplies

Office and maintenance supplies

SUPPLIES

Supplies

21

$4,138.84

6100

Taxes

Property and payroll taxes

TAXES

Taxes

16

$43,710.41

6200

Utilities

Electric, gas, water, sewer

UTILITIES

Utilities

52

$5,553.42

6285

OTHER EXPENSE

-

5

$104.20

6300

Depreciation

Annual depreciation expense

DEPRECIATION

Depreciation

0

$0.00

6400

Landscaping

Lawn and garden care

OTHER EXPENSE

Other Expenses

0

$0.00

6450

Pest Control

Exterminator and pest prevention services

OTHER EXPENSE

Other Expenses

0

$0.00

6500

HOA Fees

Homeowners association dues

OTHER EXPENSE

Other Expenses

0

$0.00

6550

Permits & Licenses

CO renewals, fire inspection, rental registration, lead cert fees

OTHER EXPENSE

Other Expenses

0

$0.00

6600

Capital Improvements

Major improvements (Schedule E line 20)

OTHER EXPENSE

Other Expenses

4

$3,708.97

6650

Bank Charges

Bank service fees, NSF fees, wire transfer charges

OTHER EXPENSE

Other Expenses

0

$0.00

6700

Office Rent

Monthly rent for office space

OTHER EXPENSE

Other Expenses

4

$6,000.00

6710

Petty Cash

Cash disbursements for minor out-of-pocket expenses

OTHER EXPENSE

Other Expenses

0

$0.00

6800

Meals & Entertainment

Business meals and entertainment (typically 50% deductible)

OTHER EXPENSE

Other Expenses

22

$1,947.84

6900

Other Expenses

Miscellaneous expenses

OTHER EXPENSE

Other Expenses

10

$4,103.44

6950

OTHER EXPENSE

-

27

$1,000.94

6960

AUTO TRAVEL

-

0

$0.00