Accounting

Not Just Debits & Credits … Wealth Preservation & Growth!

Otherwise profitable investment properties may have hidden erosion factors that negatively affect the ultimate value of the property to the owner … and/or create avoidable headaches that take time and money to remedy. KRS eliminates these risks via a comprehensive, computerized system to process transactions, anticipate financial events, prepare accurate reporting documents and simplify tax season requirements.

With technology as the enabling tool, KRS Holdings executes a four-step “checks & balances” strategy so you avoid investment attrition, financial mismanagement and tax-time anguish.

  1. Accounts Receivable Team – Solely responsible to collect rent to ensure you enjoy a steady stream of rental income.
  2. Accounts Payable Team – Stays on top of paying invoices when due to protect your credit reputation and safeguard vendor relationships.
  3. Accounting Management Team – Oversees all financial reporting to ensure all financial transactions are properly authorized and recorded.
  4. Full Transparency – As property owner, you will:
    • Have your own operating bank account
    • 24/7 access to all property-related transactions via KRS online portal
    • Save time and money at tax time providing easy access to your records by your tax preparer.
    • Be provided a monthly profit & loss statement to reconcile income and expenses.

Bottom-line is you, the property owner, will enjoy peace of mind in knowing your investment property financial transactions and records are professionally managed and safeguarded. And the convenience of all this is turnkey. KRS does the heavy-lifting … your efforts are only to review the data as you choose.

Whatever your property management needs may be in the Greater Richmond and Tidewater regions, KRS Holdings stands ready to serve. Give us a call or drop us an email today. It never costs anything to talk!

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