Full-fledged Accounting Services With Complete Legal Compliance
At HCM Property Management, we provide efficient accounting and reporting services to help investors smartly plan their expenses, and save more on their income.
Annual Tax Reporting
AT HCM Property Management, our experts prepare and mail your yearly (1099) tax forms for a one-time fee (typically, February). The Annual Tax Reporting Fee for a silver program is $74, for a gold program is $45, and it is included in the basic platinum program. The service allows landlords to enjoy and grow their respective businesses with peace of mind.
Sign Up For The Best Accounting Services In Irvine
Our in-house team oversees the function of accounting and reporting systems. We also use software like AppFolio to enhance efficiency and 100% accuracy. Our determination, passion for the rental market, and accountability makes us the best service providers in property management accounting across Irvine.
Would you like to sign up and see the results?
Free Rental Analysis
Do you know the importance of setting the right rent for a consistent cash flow?
Right rent price increases the demand for your home and attracts a great pool of qualified tenants. Through our accounting, we have noted that nearly xxx of our homeowner clients increased their rental income simply by getting a rental analysis from our experts. We know the local pricing trends in Irvine and can offer an accurate analysis based on research, and property assessment.
We can help you boost your ROI easily.
Areas We Serve
Property Management in Irvine was the beginning. Since our start, we have expanded to provide full-service rental management in:
….and many more!
Frequently Asked Questions
Can You Handle Accounting For Multiple Properties For A Single Owner?
Yes, we can. Through our portals, we maintain a clear, straightforward bookkeeping that assures all your properties’ accounts and data are saved separately and forwarded in the form of different monthly statements. We don’t mix businesses, even if a single investor owns them.
Do You Help Owners to Understand Their Reports?
Yes, we do. In fact, we ensure that our client owners understand their reports and have complete clarity about their statements. If they find it difficult to recall one of their expenses, we help them with supporting receipts to help them gain clarity. Sending the reports is our duty, and ensuring that you have complete clarity is our responsibility.
Do The Accounting Services Involve Tax Payments And Deductibles?
Yes. Not all tax payments, but we help clients with the Annual Tax Reporting. We can help you learn your deductibles like mortgage interest deduction, property depreciation, travel expenses (caused due to your rental business), insurance premiums, professional services, and so on.
Why Do We Need Professional Accounting & Bookkeeping?
It is challenging to follow the traditional formats of writing every detail in a notebook, doing the calculations on paper, safeguarding all documents, and accessing them whenever, wherever necessary. You will require an expert who takes notes for you, saves these notes, estimates the costs, sends monthly reports, and handles the property accounts, for the best accuracy.
How Does Accounting Help In Planning Expenses?
When you see your quarterly statements, you might notice that you have spent extra on renovations, or increasing the curb appeal. If you talk to your expert HCM Property Manager, they can help you with many ways to minimize such costs. This doesn’t mean we will ask you to stop renovating, instead, we will show you the cost-effective ways of maintaining and remodeling your home.
Does Accounting Help During Security Deposit Disputes?
Yes, accounting can save you in times of security deposit disputes. Since we will save all the records related to timely inspections, renovations, and the respective contractor and vendor bills, it can be proven that you had played your part in keeping the home in a habitable state and that the property has been damaged by the tenant *(if that is the case).