- Rent received: rent collected from your tenant during the period.
- Management fee: our fee, usually a percentage of the rent collected.
- Expenses: repairs, water usage, council rates or body corporate levies paid for you, with invoices attached.
- Net payment: the amount transferred to your bank account.
- Balance held: money kept in trust for upcoming bills.
At tax time
At the end of the financial year, you get an annual summary that brings these figures together for your accountant.
Questions about a statement? Contact your property manager any time.