The MagicDoor's Help

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The MagicDoor's Help
Users
How to Set Up Auto-Pay
How to Help Tenants Access Their Portal if They Forget Their Password
How to Set Property Manager Permissions
How to Invite an Owner to Their Portal
How Tenants Can Add or Update a Payment Method
Listing
How to List & Publish a Property Listing on Your Company’s Website
How to Syndicate Listings to External Platforms
Settings
How to Edit Property Manager Notification Settings
How to Get a QR For Your Company Website
How to Create & Use Magic Tags
How to Select Owner Manager or Third-Party Manager
How to Edit Leasing Contact Information on Your Company Website
Leasing
Upload & Store Lease Agreements
How to View Unfinished Rental Applications
How to Set the Owners of a Property
How to Send a Lease Renewal Manually
Accounting
How to View & Manage Bank Accounts
Reports
How to Track Outstanding Tenant Balances Using the Delinquency Report
How to Download Reports
How to Use the Accounts Payable Report to Track Unpaid Invoices & Maintenance Costs
Help/Leasing/How to Set the Owners of a Property

How to Set the Owners of a Property


This help article explains how to set the owners of a property in MagicDoor.

Inside, you'll find:

  • How to assign a property to an owner from the owner profile
  • How to assign or modify owners directly from a property
  • How to set and update ownership percentages
  • Where to view owner shares on a property page

Use this article as a reference when onboarding new owners, transferring ownership, or updating ownership percentages across your portfolio.

Step 1: Assign a Property From the Owner Profile

Use this method when managing ownership from the owner's perspective.

  • From the left-side navigation, select Users
  • Select Owners
  • Click on the owner you want to assign a property to
  • In the Properties section, click Add Property
  • Select the property they own
  • Enter the Ownership Percentage
  • Click Save

The property is now linked to the owner with the specified ownership share.

Step 2: Assign or Modify Owners From a Property

Use this method when working directly within a property.

  • From the left-side navigation, select Properties
  • Click on the property you want to update
  • At the top of the page, locate the Quick Action module
  • Click Modify Owner
  • Click Add Owner
  • Select the owner
  • Enter the Ownership Percentage
  • Click Save

You can also adjust ownership percentages for existing owners from this screen.

Step 3: View Owner Shares

Owner percentages can be reviewed at any time from the property page.

  • Scroll to the bottom of the property page
  • Locate the Owner Share section to see a breakdown of all assigned ownership percentages

Need Help With Owners or Ownership Setup?

If you have questions about owner assignments or ownership percentages, our support team is here to help.

👉 Contact us anytime at support@magicdoor.com

📞 Call us at: (888) 887 - 8780 (9:00 AM – 5:00 PM PST)