An owner contribution is an influx of cash to a rental property from a rental owner.
For example:
- Instead of withholding the rent, Sam made an owner contribution to cover the property reserve when he signed on with Bob's Property Management company.
- Jamie made an owner contribution last week. She said her tax refund was larger than expected and that she wanted us to use the money to rehab her property.
Add a rental owner contributionShow
Save time! Access this feature from any screen using the shortcuts menu.
- Navigate to Rentals > Rental owners page.
- Click Record contribution.
- Complete the form.
- Click Save.
Once a rental owner contribution has been entered, you'll still need to take the step to deposit the contribution into a bank account in Buildium.
Edit a rental owner contributionShow
- Navigate to Rentals > Rental owners.
- Click on the name of the owner whose contribution you want to edit.
- From the rental owner summary page, click the Financials tab.
- Select the owner contribution you'd like to delete by clicking on the date.
- When you're done making changes, click Save.
Delete a rental owner contributionShow
If you want to delete an owner contribution that has already been deposited into a bank account in Buildium, you'll first need to delete the bank deposit, then delete the contribution.
- Navigate to Rentals > Rental owners.
- Click on the name of the owner whose contribution you want to delete.
- From the rental owner summary page, click the Financials tab.
- Select the owner contribution that you'd like to delete by clicking on the date.
- Click Delete.
Article #:112617