Property Management Accounting
Property management accounting covers the full set of financial tasks a property management company needs to stay accurate and compliant — trust account reconciliations, owner statements, monthly financial reporting, and a chart of accounts built for multiple properties and owners. It’s more specialized than general small-business bookkeeping, since owner funds, trust liabilities, and operating expenses all have to be tracked and reported separately. The articles below walk through the day-to-day mechanics — reconciliations, financial statements, software, and the compliance rules behind them. For a done-for-you option, see Property Ledger’s property management accounting service, built specifically for property management companies.
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Rental Property and Tax Benefits: What Landlords Should Know
Owning a rental brings a set of tax advantages that a plain savings account cannot match, and understanding rental property and tax benefits early…
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Property Management Agreement: The Financial Clauses to Check
A property management agreement spells out who does what, but for the accounting side it also answers a simpler question: how does the money…
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Income Statement for Rental Property: How to Build One
An income statement for rental property is the one-page report that tells you whether a building actually made money last month. Bank balances lie…
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Rental Property Depreciation: How It Works and What to Track
Rental property depreciation is one of the few tax deductions that does not cost you a dollar of cash in the year you claim…
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Net Operating Income (NOI): Formula, Example and 7 Costly Mistakes (2026 Guide)
Ask five owners what their property earns and you will hear five different answers, because each of them is counting something different. Net operating…
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Rent Roll: What It Shows and How to Keep It Accurate
A rent roll is the running list of every unit you manage, who lives or operates in it, what they owe each month, and…
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Starting a Property Management Company? Here’s Your Bookkeeping Checklist
Starting a property management company means juggling licensing, marketing, and finding your first clients all at once, and the financial infrastructure often gets built…
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Virtual Bookkeeping Services for Property Management Companies: What They Include and How to Choose One
More property management companies are turning to virtual bookkeeping services instead of hiring an in-house bookkeeper, drawn by the flexibility and often lower cost…
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Rental Property Tax Deductions Every Landlord Should Know
Every landlord wants to minimize what they owe at tax time, and understanding rental property tax deductions thoroughly is one of the most direct…
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1099 Filing for Property Managers and Landlords: What You Need to Know Before the Deadline
Every January, property managers and landlords face the same question: who actually needs a 1099, and how does 1099 filing work for a business…