Rental Property Revaluation

I own a rental property that has increased in value. I've been advised to record this in an Equity account called "Revaluation Reserve". Looking elsewhere on the QB Community, I've seen that this should be balanced against an "Other Income" account called "Unrealized Gains/Losses". 

If the house has increased in value, is it correct to put a debit into "Revaluation Reserve" and a credit into "Unrealized Gains/Losses"?