Managing rental property finances can feel like juggling flaming torches. One misstep, and you risk missing important payments, confusing records, or even disappointing property owners. Property managers often wonder whether cash basis accounting is enough, especially when it comes to tracking accounts receivable, and how this impacts financial reporting and loan readiness. Cash basis accounting is simple and widely used, yet it comes with nuances that property managers need

Investing in real estate can be a rewarding way to grow wealth, but understanding the financial rules that govern your investment is crucial. One key factor that often confuses property owners is depreciation. Depreciation allows investors to deduct the cost of their investment property over time, reducing taxable income and improving overall profitability. Yet, many investors overlook the specific rules that apply, potentially missing out on significant tax benefits. Investm

Running a property management business comes with plenty of moving parts. From handling tenant payments and owner draws to balancing budgets and keeping your records straight, financial management is where many property managers either thrive or struggle. The truth is, scaling your property management business with accounting isn’t just about keeping the books clean. It’s about building a financial system that supports growth, saves time, and drives profit. In today’s competi

Owning an investment property can feel like riding a financial rollercoaster. On one hand, you’re earning rental income and building...

Learn the best property management tax savings tips for landlords. Find out how to keep better records, claim often-missed deductions, and boost your rental income. See how WPM Accounting can make taxes easier and help you save more.

Property managers everywhere are chasing higher returns. See the 5 proven ways to boost property management profitability in any market.

Keeping tenants happy is more than good hospitality; it is smart business. Every time a tenant leaves, you face the costs of advertising,...

Learn easy ways to grow your property management business, get more good clients, and make more money over time.

Learn 7 essential bookkeeping practices every property manager should follow in 2025 to stay compliant, avoid costly mistakes, and grow their rental business.

Outsourcing real estate accounting is trending. Find out why smart property firms are making the switch.