What are damage credits?

What are damage credits?

A Damage Credit is any portion of a tenant's security deposit that is withheld to reimburse the owner for damage done to the property. If you returned the entire security deposit to the tenant, the damage credit would be zero. Damage Credits can be added in the INPUT DATA > INCOME and EXPENSES section and are viewable in the TRACK > DETAILED REPORT generated by Property Tracker.

INPUT DATA > INCOME and EXPENSES

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