Trust accounting
How to open a property management trust account
Open a separate trust account, keep a ledger per property, and move your management fee to operating only after the rent is collected.
Trust accounting
Owner funds, reserves, management fees, payouts and owner statements.
Guides
Trust accounting
What to include on a monthly owner statement
Show rent collected, the management fee, vendor bills, reserves, and the amount paid to the owner. Keep security deposits off the rent line.
Run your rentals in one calm place.
Rent, owner statements and repairs for independent property managers, with trust accounting built in.