7808 West College Drive, Suite 4SE

Palos Heights, IL 60463

Accounting for Property Managers

accounting services for property managers

Property management companies of all sizes must constantly monitor their finances and manage tax obligations to remain profitable. To make sure your business is successful, enlist the help of a seasoned business advisor in your local Chicago market, Adducci, Leone & Co.

You can eliminate routine bookkeeping tasks from your to-do list by outsourcing them to us. We’ll keep your books organized and accurate and provide specialized real estate accounting services like 1031 exchanges, rent roll preparation, and passive activity deductions. We’ll also prepare customized financial reports that allow you to identify and eliminate unnecessary expenses and precisely monitor where your money is really going. And we always keep tabs on changing tax legislation in order to develop new money-saving tax strategies for our real estate industry clients.

We work with residential and commercial property managers throughout Chicagoland. Request a free consultation through our website or call us at 708-594-3838 today.

Our accounting services for property management firms include:

  • Outsourced accounting management
  • Outsourced bookkeeping
  • 1031 exchange strategies
  • Cash flow analysis
  • Strategic tax planning
  • Business formation
  • Tax deferral transactions
  • QuickBooks set-up and training
  • Passive activity deductions
  • Lease analysis and review
  • Accounts payable and receivable
  • Rent roll preparation and posting
  • Analyze and apply cash receipts to tenant accounts receivable
  • Accounts payable review and general ledger accounting
  • Financial statement preparation and review
  • Budgeting and forecasting
  • Monthly and quarterly accruals