Management fees and owner deductions: where the percentages come from

When a payout run (or a report) computes your management fee on a payment, it resolves the rate through a three-level cascade — most specific wins:

1. Booking override — a rate set on the individual booking (booking editor → "Management fee % (override)"). Applies to that booking only.
2. Owner agreement rate — the rate on the owner↔property link (property → Settings tab → the owner's entry). This is the normal home for "this owner's deal is 12%."
3. Company default — Settings → Company → "Default management fee %". The fallback when nothing more specific exists.

Leave a level blank and Nexxus falls through to the next one. Clearing a booking override returns that booking to the owner rate.

Multifamily buildings inherit

Owner links on a building flow down to its child units automatically. A unit only needs its own link when its ownership differs from the building (condo-style) — a unit-level link overrides the inherited one entirely.

Multiple owners on one property

Ownership percentages must total 100%. Rent, fees, and 1099 attribution split by each owner's actual share.

Standing monthly deductions

An owner link can carry a recurring monthly deduction (say, operator-provided internet at $80/mo). It posts as one labeled line per scheduled payout run, only when the owner is actually being paid — never on off-cycle runs, so an early draw can't double-charge it.

Checking your setup

The quickest audit: open a draft run on the Payouts page and scan the per-line fee percentages. Anything unexpected traces back through the cascade — check the booking first, then the owner link, then the company default.