Most commercial leases include Common Area Maintenance expenses. This means at least annually, you must complete CAM reconciliation.
As a commercial real estate owner, you are likely familiar with the process of filling out a personal financial statement (PFS).
Exactly how do you run a rent roll in QuickBooks? Well, the answer is pretty simple. You don’t. But, we have a great solution for you! Keep reading…
For many real estate owners and landlords across the country, the first real impact of the COVID-19 is becoming a reality with rent collection. Clearly, rent payments have been profoundly impacted by COVID-19.
In the age of automation, it should be easier than ever to keep track of your commercial tenants and NNN leases!
How we live, work, and interact with the structures around us is facing an evolution. Here are a couple of ways technology is reshaping Commercial Real Estate (CRE), and how to stay ahead of the trend.
If you have taken out a mortgage recently and established an escrow account, you will want to read this.
Recording your escrow and mortgage incorrectly creates a series of issues for you as the owner, all of which are significant.
In the Setting up a Chart of Accounts for your Real Estate Management Company blog, we talked high level about setting up a Chart of Accounts for a real estate company. This time we are taking it one step further and we are walking you through the process, step by step for QuickBooks desktop. You […]
One of the first things you will do in any accounting system is set up your chart of accounts.