Feature
Tenant security-deposit segregation.
Most states require landlords to segregate security deposits. Many require a separate trust account. Some require interest paid to the tenant. Almost no accounting software handles this correctly.
MyAIAccountant tracks each security deposit as a liability (your money to give back), not income:
- ✓ Per-tenant deposit liability tracked separately from rent income
- ✓ Commingling-risk flags if deposits hit operating account vs trust account
- ✓ Interest accrual where required (state-by-state rules)
- ✓ Per-tenant move-out statements: starting balance, deductions for damages, refund
- ✓ Per-state compliance reporting
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