Bookkeeping for Landlords & Property owners
Bookkeeping for Syracuse landlords, done by someone with real estate accounting experience
Rent in, expenses out, every property on its own books. You get clean monthly reports and a year-end package your CPA will actually thank you for.
Serving Syracuse and Central New York in person, and owners anywhere remotely.
Who this is for
Small residential landlords
LLC's
You own rental property and the books have become a second job you didn't apply for
with anywhere from one to a couple dozen properties
who need each entity kept clean and separate
Student rental owners
Out of town owners
near Syracuse University, where turnover, deposits and summer vacancies make the numbers messy
who want somebody local watching the numbers
Why landlord books get messy
from 3 properties all in one bank account, and nobody can say which unit paid what
like a new roof and leaky faucet both get categorized as "Repairs" though your CPA treats them very differently
Rent
Repairs
mixed in with operating cash
gets booked as one lumped expense, burying the principal, interest, & escrow inside of it
Security Deposits
Mortgage Payment
Rental books don't break all at once. They drift, one shortcut at a time, until tax season turns into a disaster
What's included
Every client gets monthly books, kept by property, reconciled to the bank, with reports you can clearly read
Monthly Bookkeeping
-- Income & expenses recorded by property and by unit, using categories your CPA expects for rental returns
--Bank, credit card and loan accounts reconciled every month
--Mortgage payments split into principal, interest, & escrow
--Repairs tracked separately from capital improvements, so your CPA can make the depreciation call
Reporting
--Monthly owner report: Profit & loss by property, cash position, & net operating income
--Year-end package for your CPA: full-year statements, fixed asset listing, loan summaries and contractor payment totals
Rent & Tenant Tracking
-- Rent roll reconciled to actual deposits each month
--Late & unpaid rent report, so nothing slips through the cracks
--Security deposits tracked separetly from operating cash
Cleanup
-- Catch-up work for months or years that fell behind, so you start from accurate books
What we don't do
We don't prepare tax returns, and we don't manage tenants. We keep the books your CPA and your property manager depend on.
Your CPA files them. We hand over a clean year-end package & answer their questions directly, so you're not stuck in the middle
Tax Returns
We don't collect rent, screen tenants or handle repairs. We track the money once it moves
Property Management
Pricing
Starter Plan
Portfolio
Flat monthly pricing based on how many properties and units you own.Â
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Every plan starts with a free 20-minute call. We'll look at your current setup and give you a fixed price before any work begins.Â
1-4 units, one bank account
5-20 units or several properties or LLCs
Commercial
Cleanup
Retail, office or mixed-use tenants
Catch-up on past months or years
FAQ
I only own one rental. Is a bookkeeper worth it?
Often, yes. If your rental shares a bank account with personal spending, or you rebuild the year from statements every spring, monthly books usually save time and CPA fees.
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Do you prepare my taxes?
No. We keep the books and send your CPA a year-end package. We're happy to work directly with your CPA, or to introduce you to one.
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Can you fix books that are behind or a mess?
Yes. Cleanup is one of our core services. We review what you have, quote a fixed price, and bring the books current before monthly work starts.
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How do you handle security deposits?
We track them separately from rent and operating cash, by tenant. New York has specific rules on holding and returning deposits, so clean records matter.
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Do you work with commercial landlords?
Yes. We handle retail, office and mixed-use properties, including year-end CAM reconciliations for tenants on expense-sharing leases.
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Do you only work with Syracuse landlords?
We're based in Syracuse and serve Central New York in person. We work with owners anywhere remotely, including out-of-state owners with local property.
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What does landlord bookkeeping cost in Syracuse?
Our monthly plans start at $499/mo for small landlords. Pricing depends on units, accounts and how current your books are.