Vacancies

If there is an unoccupied portion of your leased property, Nakisa Portfolio Management allows you to create and manage vacancy information for your premises. The vacancy information can then be used to apply for any potential tax deductions. Vacancies must be associated to an assessment.

To create a vacancy:

1. Click Assessments.
2. In the Vacancies section, click . The Create Vacancy window opens.
3. Associate the vacancy to an assessment by selecting the Assessment ID.
4. Optionally fill out the following fields:
   1. Specify the vacant Unit within the premises.
   2. Enable the Area field and enter the area for the vacant unit.
   3. Select the Unit of Measure used for the area.
   4. If the vacant unit is only vacant during a specific time period, enter the date range for the vacancy with the Vacant From and Vacant To fields.
   5. Enabled the Market Value field to enter the assessed market value of the unit.
   6. The Eligible option lets you set whether the vacancy is eligible for any deductions or exemptions. There are three options:
      • : The unit is not applicable to be eligible.
      • : The unit is eligible for deductions or exemptions.
      • : The unit is not eligible for deductions or exemptions.
   7. Enter the date the exemption application was submitted in the Application Date field.
   8. Set the Follow Up Date for any further required actions.
   9. Set the Vacancy Status.
   10. Enable the Credit field to enter any credit amounts granted for the vacancy.
   11. Enabled the Credit Received field to enter actual received credit amounts.
5. Add any additional notes and documents.
6. Click Save.

See also:  

• Assessments

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