Rental income is often treated differently from ordinary trading income. Landlords and property businesses should track:
- Gross rent collected by property and period
- Refundable deposits vs income
- Allowable expenses and maintenance (where applicable)
- Tenant and lease identifiers for audit support
Separate the books
If you also run a shop or service company, keep rental activity in a dedicated company or clear cost centers so mixed cash flows do not confuse tax and management reporting.
Our multi-company model lets property portfolios sit beside trading companies under one super-admin login.
Not tax advice — consult a qualified Ethiopian tax professional for your situation.