{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/379b290fe74541d4a2e118a1aeffa0da\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/379b290fe74541d4a2e118a1aeffa0da-7f54da61be1882fb.gif","duration":228.315,"title":"Portfolio Landlords vs Standard Landlords","description":"This Loom explains the difference between a standard landlord and a portfolio landlord in Loop for client accounting. It clarifies that a portfolio landlord owns more than one property, and that a human being can belong to different landlord groups depending on ownership arrangements. The key accounting impact is that Loop can create portfolio statements covering all properties at once and allows transferring money between properties, such as deducting a gas safety cost from one flat’s rent to another. To enable this, the landlord must be flagged as a Portfolio Landlord and statements can be created either on demand when rent comes in or on the first of the month, with portfolio-statement options managed in the Statements and Portfolio Management and then reviewed under the Accounting tab."}