Category: Blog
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Who Can Help Me Prepare for a DRE Audit?
Who Can Help Me Prepare for a DRE Audit? If you manage rental properties, a DRE audit is not a matter of if but when. The Department of Real Estate (DRE) regularly reviews property managers to verify that funds are handled properly, trust accounts are reconciled, and financial statements follow both GAAP and industry compliance…
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What’s the Best Way to Fix Messy AppFolio Books?
What’s the Best Way to Fix Messy AppFolio Books? If you use AppFolio to manage your accounting and operations, accurate financial data is everything. Your balance sheet, income statement, and trust reconciliations all depend on how your system was implemented, configured, and maintained. When AppFolio data becomes unreliable, it is often because of setup issues,…
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How to Use Property Management Reports to Drive Better Decisions
Property management involves a constant flow of information: rent collection, maintenance costs, occupancy rates, vendor payments, and more. With the right reporting tools, you can turn that information into insight. But too often, reports are ignored, misunderstood, or used reactively rather than proactively. In this blog, we’ll explore how property managers can use reporting features…
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What Agentic AI Means for Property Management
Automation in property management is not new. But a new shift is happening: from rule-based automation to agentic AI. This shift will change how property managers operate across leasing, accounting, maintenance, and operations. Agentic AI refers to independent software agents that do more than just trigger workflows. They observe, decide, and act on their own.…
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How to Set Up Segregated Accounting for Multiple Owners or Properties
When you’re managing properties for multiple owners, keeping their finances cleanly separated is not just a best practice. It’s a compliance requirement. Mixing funds, even accidentally, can lead to audit issues, legal trouble, and a loss of trust with your clients. Segregated accounting is the foundation for transparency, accountability, and clean books. In this blog,…
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How to Calculate Depreciation on a Rental Property
Key Takeaways Depreciation is a non-cash tax deduction that reduces your taxable income from residential rental property, even as the property appreciates in market value. You can depreciate the rental property and its components, but not the land it sits on. Proper categorization of assets can accelerate your depreciation deductions. Managing depreciation correctly and planning…