Our accounting system for property management services and tenant relations is comprehensive. We utilize a powerful accounting system offering real-time reporting. This system provides owner disbursements, expenditure tracking, annual 1099 reporting, security deposits, real-time tenant ledgers, and accurate owner trust accounting for security deposits and repair escrow.
In addition, our services provide detailed documentation of expenses via invoices and receipts, and maintains all historical records (paid invoices, leases, condition reports, warranties, etc.). This allows us to give our rental property owners annual reporting, structured for tax purposes as well as required tax documents, including a 1099 form. Our easy to read property owner statements offer a detailed breakdown of income and itemized expenses as well.