Property Status options are intended to help with organizing your properties. If you manage your own properties exclusively, then select the "Owner-managed" option.
If you are a property manager who manages other people's properties, you can sort your property list by those that are "Active" (which have current agreements in place) and those that are "Non-active" (which you might not be managing at some time in the future, e.g. property for sale).
If a property is no longer being managed, you can select the "Archive property" button. The property and any related information will then be archived. Here you can read more:
How do I archive a property?
If you would like to change the status of your property, open the Portfolio page from the Property Operations left-side menu to get to the Properties tab and click "View property" on the property which status you would like to edit:
Select "Edit property" from the Actions menu. In the "Property Status" section, select the desired property status:
Press "Update" at the end of the page to complete the process and save your changes:
