How to deal with the finance of renting personal property by property companies?

If the property leased by the property management company has its own business scope and the property belongs to the company, it can be included in the main business income for accounting, and its entries are,

Debit: accounts receivable,

Loan: main business income-real estate rental income,

Taxes payable-VAT payable.

If the property does not belong to the company, the property management company only collects and pays on behalf of the company, or collects service fees, the entry is,

Debit: accounts receivable,

Loan: main business income-service fee income

Other payables-rental fees received.

Taxes payable-VAT payable.