What an owner is due
Rent collected belongs to the owner, less your fee and any expenses on their property. Owner payments calculates this and records what you have paid out.
How it is calculated
Payouts follow the ownership you recorded: unit-level where it exists, otherwise the property's, split by share where a property is co-owned.
This is why ownership has to be recorded before rent is collected. Rent taken against a unit nobody owns has nowhere to go.
The habit that keeps it right
Record rent against leases, expenses against properties, and pay out what the system calculates — rather than a figure worked out separately in a spreadsheet.
The moment those two diverge, every owner statement becomes an argument, and you will be the one reconstructing which is correct.
What the statement shows
The owner sees rent collected, your fee, expenses deducted with their descriptions, and the net paid. Because expenses carry the maintenance records behind them, a query about a deduction has an answer attached rather than requiring a search.
If a payout looks wrong
Too low — check the expenses recorded against that property for the period, then the ownership shares.
Missing entirely — the unit has no owner and the property has no ownership either, so there is nobody to pay. Record ownership at property level if the whole building belongs to one owner.
The reports chapter of the EstateIQ manual covers the owner-payments report.