How to Check Income Received from an Asset

This video will show you how to find income that is generated by assets in your SDIRA.

Navigating the Entrust Client Portal to find income generated from an asset is a simple process. Whether you're monitoring returns from investments or keeping track of asset performance, this guide will help you swiftly locate the information you need. 

Let's get started:

• Log In and Access the Dashboard: Upon logging into the Entrust Client Portal, you'll be directed to the Dashboard by default. This is your home base for accessing various features and information related to your account.

• Navigate to the Transactions Tab: Look for the "Transactions" tab, which is prominently displayed in your portal's navigation area, and click on it to proceed to the next step.

• Select Your Account: If you manage multiple accounts through the Entrust Client Portal, you'll need to specify which account you want to review.

• Locate Your Transactions

• • After selecting your account, scroll down to view a comprehensive list of transactions. These are sorted starting from the most recent.
  • You'll be looking for transactions labeled as "Income Non-Taxable" or similar, depending on how income from your asset is classified.
  • Locate the transaction labeled "Other Income Non-Taxable." This indicates that funds have been received from an asset and recorded as income generated by that asset.
  • The amount received is displayed under the "Principal Cash" column. In our example in the video above, the account received $1,000 in income from the specified asset.

It's worth noting that you might encounter transactions labeled as "Sale of Assets" instead of direct income. This signifies that funds were received from an asset, but they are recorded differently — either as a sale or liquidation rather than cash flow.

For instance, a transaction labeled "Sale of Assets" would show the funds received under the same "Principal Cash" column. In the above video, you can find an example of this transaction, indicating a receipt of $35,000.

Understand the Income Generated By Your SDRIA 

By following these steps, you can efficiently locate and understand the income generated from your assets within the Entrust Client Portal. This process is essential for keeping a close eye on your investment returns and managing your portfolio effectively.