Ian Bryzek, CPA
Accounting for rent collected after death
Rent collected after death should be matched to the lease and the period it covers.
The date a check arrives does not always explain which entity or person should account for it.
Maintain a rent roll alongside bank deposits and tenant correspondence.
What to keep with the file
Maintain a rent roll alongside bank deposits and tenant correspondence.
What to gather
- The source documents closest to the transaction
- A dated list of what happened after death
- Statements, invoices, or correspondence that explain the entries
Who usually handles what
- Ian can help identify the tax records and reporting questions.
A practical next step
Make a short timeline and mark any fact that still needs support.
Related guides
This general information is not tax or legal advice. The answer depends on the documents, ownership, timing, and facts of the particular matter.