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Financial Reporting & Owner Statements

Clear monthly statements on your property’s finances, plus the fiduciary details Maryland actually regulates, like where your tenants’ security deposits sit and what interest they earn.

No obligation, no sales pitch.

WHAT YOU GET

Know Where You Stand Every Month

No end-of-year surprises. Your monthly owner statement shows what came in, what went out and why.

Monthly Statements

Income, expenses, and cash flow, updated as transactions happen, not batched at month-end.

Deposit Accounting

Security deposits held and tracked the way Maryland law requires, covered in detail below.

Document Storage

Leases, inspection reports, invoices, and tax documents, all in one place whenever you need them.

Annual Performance Review

An optional yearly look at maintenance trends, budget, and planning for the year ahead.

KNOW THE LAW

Your Money Is a Fiduciary Matter, Not Just a Spreadsheet

Maryland regulates more of your property’s finances than most owners realize, especially where tenant money is involved. Our reporting is built around what’s actually required, not just what’s convenient.

Deposits held in an interest-paying account: Maryland requires security deposits to sit in an interest-bearing bank account, not just a general operating account. We track this per unit.
Interest rate: deposits earn the greater of 1.5% per year or the one-year Treasury yield rate. Interest isn't owed if the deposit was held less than six months or the tenancy was under a full month.
Rent increases: only allowed at lease renewal, with at least 90 days' written notice. There's no statewide cap on the amount, but the notice requirement is strict.
Utility billing transparency: if a tenant pays utilities directly to you, you have to provide monthly bills or the prior year's total costs broken out by utility type. If you use a ratio billing system, additional disclosure rules apply.

THE PROCESS

How Your Reporting Gets Built

Every Transaction Logged

Rent payments, maintenance invoices and fees are recorded as they happen and summarized on your monthly statement.

Records When You Ask

Ask for any statement, document or current balance and we send it to you by email.

Annual Review

Come tax season, everything you need is already organized and ready to hand to your accountant.

FAQ

Frequently Asked Questions

Where is my tenants' security deposit money actually held?

In an interest-paying bank account, separate from general operating funds, as Maryland law requires. It earns the greater of 1.5% annually or the one-year Treasury yield rate, tracked per unit.

How often can I raise the rent?

Only at lease renewal, and you have to give the tenant at least 90 days’ written notice before the increase takes effect. There’s no statewide limit on the amount, but missing the notice window means the increase doesn’t take effect on schedule.

Is there an owner portal?

No. There is no extra login to manage. We email your monthly owner statement, and we send leases, inspection reports and invoices whenever you ask for them.

What does the Annual Budget / Performance Review cover?

It’s an optional $225 service covering maintenance trends over the year, budget planning, and a clear look at how the property performed, useful heading into tax season or a new lease year. It is also listed on our pricing page. To schedule one, contact us.

Can I get my financial reports at tax time?

Yes. We keep your records organized year-round, so pulling what your accountant needs at tax time does not take extra work on your end.

Stop managing.
Start owning.