Who We Help › Real Estate & Property
Who We HelpBookkeeping for Property Management Companies
Property management companies handle client trust funds, management fee income, and the compliance requirements of managing others' money — all of which require specialist bookkeeping.
Book a Free ConsultationNo obligation · 30-minute call · Federally authorized Enrolled Agent
The Specific Challenges We Solve
Owner Trust Account and Distributions
Rent collected on behalf of property owners must be held in trust — kept separate from your operating funds. Commingling is a serious legal risk. We maintain proper trust accounting procedures and ensure monthly owner distributions are documented correctly.
Management Fee Revenue Recognition
Management fees are earned income; the float on rent held in trust is not. We track revenue correctly and ensure your P&L reflects what you've actually earned — not the gross rents flowing through your accounts.
Maintenance Reserve Tracking
Many property management agreements include maintenance reserves held for client properties. We track each reserve balance separately so client funds are always accounted for and you can produce accurate owner statements on demand.
A Bookkeeper Who's Also a Federally authorized Enrolled Agent
Most bookkeepers categorize transactions and hand you a report. Simple Books Now does that — and our Licensed EA can also represent you before the IRS, file your business and personal tax returns, and advise on tax strategy year-round. One firm. No referrals. No gaps.
Ready to Get Your Books in Order?
Book a free 30-minute consultation. She knows the numbers for your type of business and will give you a clear picture of what we can do.
Book a Free ConsultationNo obligation · Flat monthly rates · Federally authorized Enrolled Agent