Can you help me understand my owner statement? Your monthly statement is a cash statement. This means that all cash transactions made to or from your property account are recorded. This can be confusing sometimes. For example, your statement might show the Resident’s security deposit as “income” and then the security deposit being transferred to escrow as an “expense.” In both cases the security deposit is not income or an expense. The reason they might show up on the statement is because both entries were a cash transaction, meaning cash came into the property account and went out of the property account.
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