Sophisticated, customized reports detailing property income and expense. Your real estate investment is a significant asset.
We understand the importance of providing you with the information and advice
needed to achieve your investment goals and objectives.
We offer a complete range of specialized accounting
services, including:
Sophisticated, customized reports detailing property income and expense.
Annual,
year-end summary for tax reporting purposes.
Meetings as needed with owners, accountants, attorneys, financial consultants,
contractors, or other parties in order to promote the most profitable operation
of your property and maximize the net return to the owner.
Preparation of annual budget, and monthly cash flow management.
Each month, you will receive current monthly and year-to-date financial statements on your property containing the following components;
Income
and Unit Detail
This report details the scheduled and collected
rents for each unit in your building, and summarizes the ratio of collected
current month and year-to-date income.
Cash
Flow Statement
This statement shows the beginning cash balance,
followed by monthly income, and delineates fixed and variable expenses. It also
breaks down any debt service during the month into its principal and interest
components.
Balance
Sheet
We provide a monthly balance sheet showing the
balance in the operating account, the principal balance of any loans on the
property, and, if desired, the tax basis of land and improvements.
Cash
Flow Spreadsheet
This report summarizes income and expense by
category on a monthly basis to allow you to compare operating results.