Comprehensive financial reporting

Comprehensive Financial Reporting

We Make Accounting Painless and Transparent

We help keep track of investment property revenues and expenses with both monthly and year-end financial reporting, including year-end filing to the IRS. This helps make year-end tax filing as simple as possible. We maintain accurate and timely records for all our owner partners, and these are available via the owner portal 24/7 if you want to review financial performance anytime, online. If you don't like online portals, no problem. Just send us an email or give us a phone call—we will get you the report you need!

For income, owner partners will see the rent post to their account monthly as we receive it and the resident payments clear the bank.

For expenses, owner partners receive actual vendor invoices—refreshing, right? South Florida Realty Management never has and never will use blind mark-up invoices from licensed third-party vendors we engage for required maintenance services on behalf of an owner. These invoices are paid from rental revenue, deducted, once specifically owner authorized, from your rental revenue or repair reserve account.

What You Get!

You will receive a monthly computerized report via email, detailing all income and expenses for your rental properties. Additionally, you will receive a year-end summary statement for tax purposes, fully categorizing your total annual income and expenses in an easy-to-understand format. Simply hand it to your CPA to assist with your tax filings.

In the last month of a tenant's lease, we may encourage you to hold funds in your property account to ensure adequate funds are available to make your property rent-ready condition again. This proactive measure helps ensure a faster re-lease time and minimizes vacancy.