Fixed Assets
How to add an uncategorized depreciation entry
In REI Hub, you can make depreciation entries for an individual fixed asset, or you can make an uncategorized depreciation entry that is not associated with a specific asset. Uncategorized depreciation entries are primarily utilized when the ...
How to enter depreciation for a specific fixed asset
In REI Hub, you can make depreciation entries for an individual fixed asset, or you can make an uncategorized depreciation entry that is not associated with a specific asset. These instructions assume you have already created at least one fixed ...
About Fixed Assets
Fixed Assets (also known as Capital Expenses) are your depreciable items- the investment property itself and the capital improvements you make to it. These non-operational costs are not written off against income in a single year, but are instead ...
How to enter a recent property purchase in REI Hub
This guide details how to properly account for a rental property purchase in REI Hub using your closing statement. For more context on the subject, also check out this resource article. This is an important transaction, as it sets the ...
Creating a new Fixed Asset
REI Hub makes it easy to track your Fixed Assets and Accumulated Depreciation. Fixed Assets include your rental property as well as capital improvements you make to the property (such as a substantial renovation or a new HVAC system). After a Fixed ...