Thanks for this sensible comment. It certainly is usually almost exactly the same result, accrual and cash. The trouble is - not actually exactly. For example, insurance on the property is paid yearly and changes from year to year. If...
Unfortunately I don't think that works because this is a one-off situation that has already happened. The advance 6 months rent was received by the letting agent in 2018 and since my relative did not question it at the time,...
20th October 2019, 6 years ago
Thanks for this sensible comment. It certainly is usually almost exactly the same result, accrual and cash. The trouble is - not actually exactly. For example, insurance on the property is paid yearly and changes from year to year. If...
Read More →17th October 2019, 6 years ago
Unfortunately I don't think that works because this is a one-off situation that has already happened. The advance 6 months rent was received by the letting agent in 2018 and since my relative did not question it at the time,...
Read More →