The Comparison
Every row is a gap
your current setup is leaving open.
Scroll down. By the time you reach the bottom, the case makes itself.
DIY
Bookkeeping
Generic
CPA
Ledger
Property-First
Trust Account Reconciliation
1099 Generation for Owners
CAM Reconciliation
Entity-Level Tax Returns
Cost Segregation Studies
HOA Reserve Fund Accounting
Rent Roll Variance Analysis
Audit Defense & IRS Response
What We Handle
Every tab in the binder,
every number tied out.
Built for property management — not adapted from a general practice that occasionally sees a rent roll.
Trust Account Reconciliation
Every security deposit, owner draw, and maintenance reserve reconciled to the penny — monthly. We catch the $847 that your property software rounded differently than your bank.
$0
discrepancies at year-end
CAM Reconciliation
Auditing common area maintenance billings against actual expenses. Most portfolios overbill or underbill by 8–15% — we find it before your tenants do.
8–15%
avg variance recovered
Entity Structuring & Returns
K-1s, Schedule E, and partnership returns across LLCs stacked three deep. We map the waterfall before we file anything.
1099 Filing for Owners
NEC vs. MISC — the distinction that triggers audits. We file correctly, on time, every January.
100%
on-time, 4 consecutive years
Cost Segregation Studies
Accelerating depreciation on commercial and residential portfolios. Typically front-loads $50k–$200k in deductions in year one.
$50k–200k
yr-1 deduction recovery
HOA Reserve Accounting
Inherited a shoebox of receipts from the last treasurer? We rebuild the ledger, set up reserve studies, and keep the board out of litigation.
Client Outcomes
Relief hits your shoulders
before your brain catches up.
"We had a property management company managing 180 units across three LLCs and our previous CPA filed everything under one entity. Ledger untangled two years of misallocated expenses and saved us $41k in penalties we didn't know were coming."
Marcus Okonkwo
Principal · Redstone Property Group
Outcome
$41k in penalties avoided
180 doors
"Our HOA board inherited five years of QuickBooks entries from a treasurer who clearly improvised the chart of accounts. Ledger rebuilt the reserve ledger from scratch in six weeks. Our audit came back clean for the first time since 2019."
Diane Castellano
Board President · Harborview HOA
Clean audit after 5 years
240 units
"CAM reconciliation was the thing I dreaded every January. Tenants arguing over the numbers, me not confident enough to defend them. Ledger's reconciliation is so clean now that I actually look forward to the conversation."
Derek Pham
Director of Operations · Summit Commercial Properties
Zero tenant CAM disputes
62 commercial doors
340+
Active Portfolios
$2.1B
Assets Reconciled
0
IRS Notices Issued
4.9/5
Client Satisfaction
Open the Door
Get your portfolio reviewed.
No surprises at audit.
Tell us what you're managing. We'll tell you exactly where the exposure is — before the IRS does.
SOC 2 Compliant
Your data never leaves our secure environment
Engagement Letter Day 1
Scope, fees, and timeline defined upfront
Named Accountant
One person. Direct line. No ticket queue.
Not sure if your portfolio has exposure?
Free written review. No pitch. Just observations.