We need the routing number and account number for your bank account. On a check, those numbers are found along the bottom (this graphic will help you). If your account does not have checks, you will need to contact your bank to find out that routing information.
Absolutely. We can issue special one-time reports based on the type of information you need, or we can include additional reports with your monthly statement.
The Total Operating Income on your cash flow report shows rents and fees earned in the year but it does not take into account prepaid rent that was received. For example, if your tenant(s) paid January’s rent on December 31, it was technically received (and reported on your 1099) but it didn’t become “rent income” until Jan 1. This is why your Total Operating Income + Prepaid Rent = 1099 reported amount. This graphic gives you an idea of where you will find the prepaid rent listed on your Cash Flow Report.
