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Level 1
posted Apr 14, 2021 12:16:15 PM

If a tenant did not pay rent part of the year due to the pandemic, but lived there all year, Should I record the rented days for this property as less than a full year?

We still haven't received payment for several months worth of rent. I'm trying to answer the question of if this property was "rented at fair price every day in 2020"

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1 Replies
Expert Alumni
Apr 14, 2021 12:27:41 PM

If your tenant lived in the property for the full year, you should say that it was rented for the full year even if the tenant did not pay rent for part of the year due to the pandemic.