Real Estate Syndication Accounting and Investor Reporting
As specialists in real estate accounting, we are experts in helping real estate syndicators navigate the accounting and reporting that your LPs will require. Whether you are syndicating single family home purchases or +300 unit commercial buildings, our personalized services provide you with automated, audit-ready financials statements on a monthly basis.
Let us handle the accounting, you focus on acquisitions and fundraising.
Book your consultation
Takes about a minute. No obligation.
300+Unit Deals Supported
230+Property Accountants
MonthlyLP Reporting
We work with the software & tools you already use
Why Top Real Estate Professionals Choose Vertex Accounting
Reporting Your LPs Will Not Have to Chase
Reporting by property, not in aggregate
Clean and crisp income statements and balance sheets by property allowing for seamless financial reporting and communications with LPs.
A partner, not a vendor
Prompt communication, proactive advice, and audit-ready financial statements. We are your partner here to help you scale.
Specialists in investor accounting
Save time, money, and resources having an outsourced accounting team that is an expert in accounting for real estate investors & syndicators.
Why Vertex Accounting for Syndicators
Your LPs Will Ask. The Answer Should Already Exist.
Syndication accounting is really LP reporting with a general ledger attached. Whether you are syndicating single family purchases or 300 unit commercial buildings, what your limited partners require is audit-ready monthly financials and income statements broken out by project, available when they ask rather than assembled once they have.
We handle monthly bank reconciliation, transaction categorisation, payables and the LP reporting itself, which leaves acquisitions and fundraising as your job. That division is the point: the accounting should never be the reason a raise slows down or an investor conversation gets deferred.
Income statements by project
Per-deal clarity, not a blended portfolio number.
230+ property accountants
Coverage when someone is out, a specialist to escalate to.
LP reporting as a deliverable
Audit-ready monthly, not assembled on request.
Bookkeeping & Accounting For Real Estate Investors from Vertex Accounting
Done Inside the Platform You Already Run
Trust Bookkeeping
Leverage your software's powerful bookkeeping capabilities with Vertex Accounting's tailored service.
See how it worksCorporate Bookkeeping
Vertex Accounting's skilled team, in combination with your software's comprehensive toolset, addresses the complexity of your corporate financial activities.
Bank Reconciliations
Employing your software's state-of-the-art system, Vertex Accounting offers bank reconciliation services that brings meticulous accuracy to your finances.
See how it worksFinancial Diagnostic Cleanup
Vertex Accounting utilizes your software's advanced diagnostic tools to swiftly and effectively troubleshoot financial anomalies.
See how it worksTrust Compliance
Vertex Accounting pairs its accounting prowess with your software's detailed reporting to deliver comprehensive Trust Compliance Verification services.
See how it worksThe Full Scope
- Monthly bank reconciliation
- LP Reporting
- Accurate transaction categorization
- Manage accounts payables
- Bill pay & bill preparing
- + 5 more below
- Monthly bank reconciliation
- LP Reporting
- Accurate transaction categorization
- Manage accounts payables
- Bill pay & bill preparing
- Prepare Income Statements by project and Reconciliation Reports by account
- Track and assist with 1099 at year-end
- Assist with year-end accounting and tax planning with owner's CPA (Note: Tax services available upon request)
- Provide on-demand CFO, controller, and tax consulting services
- Implement property and company-level budgets
Also available on its own
- Accounts Payable & ReceivableVendor invoices coded and paid, tenant receipts applied, management fees taken, and owner distributions cut on time.
- CAM ReconciliationCommon area maintenance pools built from the lease terms, reconciled against actuals, and billed or credited with a defensible tenant statement.
Your Books Have to Answer to the Operating Agreement
Syndication Accounting Is Partnership Accounting
A syndication's economics are not in the general ledger. They are in the operating agreement: the preferred return, the catch-up, the promote, the waterfall tiers, and how capital accounts are maintained. The accounting exists to make that document computable, deal by deal.
What makes it different
Clean deal-level economics when set up right
One project, one entity, one set of investors is a tidy structure. With the GL built around the project from day one, per-deal profitability, distributions, and investor capital accounts all fall out of the books rather than being reconstructed in a spreadsheet each quarter.
Where it goes wrong
Capital accounts that live only in someone's spreadsheet
Distributions get paid before the preferred return is properly calculated. Contributions arrive at different times and the accounting never reflects the timing. Capital accounts are maintained outside the books, so the balance sheet and the investor statements disagree. And syndication-specific tax work at year-end becomes an archaeology project because the deal was never tracked at the level the K-1s require.
How we work it
We track by project, and to the waterfall
Every transaction is assigned to the correct project, bank accounts and mortgage loans are reconciled monthly, and reporting templates are built to be sent on a schedule rather than assembled on request. That is what keeps LP statements, the balance sheet, and the year-end tax package telling the same story.
Syndicators Accounting, Platform by Platform
We Play the Software You Bring
The accounting problem changes with the platform underneath it. Each page below is the specific version of syndicators bookkeeping for that system.
- AppFolioAppFolio pays owners without checking the waterfall
- BuildiumBuildium's owner draws outrun the waterfall calculation
- EntrataLeasing corrections landing after distributions are calculated
- QuickBooksDistributions cut before the waterfall says they're earned
- Rent ManagerOwner distributions run on ownership percentage, not waterfall tiers
- YardiYardi has no native account for the waterfall
- MRIThe waterfall lives outside MRI's general ledger
- RealPageThe roll-up hides what each LP is owed
How Our Real Estate Syndication Services Works
Set Up to Scale, Then Report Every Month
- 1
We review your current set-up
Upon receiving secure access to your accounting software (e.g. Quickbooks Online, etc.), we will do thorough review to understand the quality of your historical records and general ledger (GL) account set up. We'll create intuitive and industry accepted GL accounts, as well as complete any necessary catch-up bookkeeping (as needed).
- 2
We set you up for daily success
From an accounting perspective, it's critical that real estate syndicators track profitability by project. As your business grows, it's critical your accounting software and back-office is set up to scale with you, and this is exactly what we do. We review every transaction and assign each to the correct project/property. Furthermore, all bank accounts and mortgage loans will be reconciled on a monthly basis.
- 3
We assist with monthly reporting
To keep LPs happy and in the know, the most successful syndicators consistently send out financial reporting on a monthly basis. We will work with you to create scalable reporting templates and ensure they are sent out on a timely basis.
Check Out What Our Clients Have To Say About Us
“Following a series of erroneous financials from my previous bookkeeper, who lacked expertise in real estate, it's been truly remarkable to receive not only accurate financials on a consistent basis but also proactive advice without prompting. The Vertex Accounting team is a game-changer in real estate accounting!”
Sara Crosby
Real Estate Investor
“As Vertex Accounting exclusively specializes in Real Estate, I rest easy knowing my financials are precise every month while saving money at the same time, an invaluable benefit.”
Steve Wilko
Owner Operator
“I highly recommend Vertex Accounting services from this group. They truly are great and have helped us tremendously at a time we needed it the most. I felt very comfortable giving up all my accounting responsibilities to this team and I'm still glad I made the decision to work with this group. Nothing less than an amazing experience!”
Tracy Collins
Property Manager
“Vertex Accounting and team have been nothing but excellent helping our firm with its day to day financial needs. Their expertise, professionalism, and timeliness have made our lives so much easier. We foresee a long relationship with Vertex Accounting and team.”
Brian Cook
Owner Operator
“Real Estate Accounting truly is a special company. They helped as if they were a part of our company, with the concern and caution as an employee would have, but even more. They quickly ascertained our needs and developed an effective team to help with our accounting needs. They were extremely responsive and always accurate. I would recommend their services to anyone who needs help with their property management accounting.”
Kelly Stanaway
Property Manager
“Adam the owner took a personal interest in my situation and was willing to work with me to see if his company was a good fit. I may be too small for them but I would highly recommend them to anyone considering a bookkeeper for their property management business.”
Trevor Smith
Property Manager
Frequently Asked Questions
Syndication Accounting, Priced To Fit Your Needs
Click below to schedule a no-hassle consultation and learn how Vertex Accounting keeps deal-level books, capital accounts, and LP reporting all telling the same story.
Schedule a Call