Accounting Services at DFW Property Management.com
At DFW Property Management.com, we prioritize transparency and accuracy in all financial matters related to your property. Our comprehensive accounting services ensure that you’re always informed and can easily track your property’s financial performance.
Monthly Financial Statements: Each month, we provide a detailed statement that outlines the money collected, any payments made, and work orders with associated invoices. These statements are conveniently posted to our online owner portal for easy access.
Year-End Documentation: We prepare and provide a year-end financial summary and a 1099 statement for tax purposes. All these documents are accessible via the online owner portal. To receive a 1099 statement, property owners must fill out a W-9 form as mandated by the IRS.
Rent Disbursement: Rent is disbursed to property owners on the 10th of every month. If the 10th falls on a weekend or holiday, the rent will be disbursed on the following business day. We ensure a seamless process by transferring funds directly to your bank account via ACH.
Comprehensive Financial Tracking: Our team uses advanced property management software to track all income and expenses related to your property. This ensures accurate reporting and provides you with a clear financial picture at all times.
With DFW Property Management.com handling your property’s accounting, you can have peace of mind knowing that all financial aspects are managed with precision and expertise.