Prop Rental OS turns the rent you collect and the bills you pay into owner statements, and keeps the W-9s and 1099 totals you need at the end of the year.
Income and expenses per property and month, as a PDF you can send or the owner can open in their portal.
Record each owner's percentage when a property has several owners.
Vendors and owners give their tax details and sign a W-9 online; tax IDs are stored encrypted.
A year-end summary of what you paid each owner and vendor, with W-9 status.
Download the 1099 summary and the W-9s together for your accountant. Only admins can download it, and each download is logged.
When a tenant payment is refunded or disputed, the invoice reopens and the owner's balance is corrected.
Every plan. Owners opening their statements in their own portal is included on Growth, Pro and Enterprise.
Rent, fees and expenses are recorded as they happen.
Statements are built per owner and period, ready to send or view in the owner portal.
At year end, download the 1099 package for your accountant.
So you know exactly what you are getting.
It totals payments to owners (usually 1099-MISC) and vendors (usually 1099-NEC). Your accountant decides who must receive one.
They are stored encrypted, shown masked, and full numbers are only in the admin-only download.
Yes, on plans with the owner portal (Growth and up).
Give each property owner their own sign-in: statements, income and expenses, payouts and maintenance approvals for the properties they own, in English or Spanish.
Read more →Turn maintenance requests into work orders, assign vendors, and let vendors sign in to see their jobs, send invoices and sign their W-9, all in Prop Rental OS.
Read more →Record the owner's bank loan on each rental property: balance, rate, payment and payoff estimate, visible to the owner in their portal and on their statement.
Read more →