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Key takeaways
Send us a rent roll and a recent reconciliation
We will tell you what you can recover under your leases and what you are currently billing.
You bill a tenant what you agreed in the lease, and the accounting has to follow those terms clause by clause. We read the leases, code the costs, run the reconciliations and produce the statements, so you can bill on time and answer an audit request from documents that already exist.
Lease abstraction, recoverable expense coding, gross up, caps and base years, and a worksheet for each tenant.
Straight line rent, free rent periods, tenant improvement allowances and leasing commissions, amortized across the lease term.
A profit and loss and a balance sheet for each building, with net operating income you can take to a lender.
Packages built to the covenant definitions in your loan documents.
Purchase price allocation, basis, and a depreciation schedule set up at closing.
The return, the depreciation, and the entity and partner reporting behind it.
Your tenants may have audit rights over CAM, and you win or lose a dispute on documentation you either have or you do not.
We capture the exclusions, caps, base years and pro rata share for each lease, and we update them when you amend a lease.
We tag operating costs as recoverable or not as they are incurred, so we calculate the reconciliation at year end from coded data.
We apply the occupancy assumption you agreed, and we document the method in the packet.
Each tenant gets its own worksheet, we bill the shortfall or credit the overage, and we attach the supporting detail.
We answer them from the packet we already built.
Capital work, leasing commissions and your own overhead billed into the CAM pool, which is the first thing a tenant's auditor looks for.
The tenant pays the increase over a stated base, so you have to compute that base the same way each time you reference it.
You amortize them across the lease term, and if you expense them in year one you overstate the cost and understate the asset.
This happens where an owner bought through an entity without setting one up.
You replaced the roof and the old one is still depreciating on paper.
You turn each reconciliation into a judgment call and you lose the audit trail.
Retail strip centers and shopping centers, office buildings, industrial and warehouse, flex space and mixed use.
Owners, operators and partnerships, including joint ventures with investor reporting.
Portfolios in Yardi, MRI, AppFolio, Entrata, RealPage and Rent Manager. We work inside your instance.
Priced on the number of buildings, the number of tenants and the state of the leases. What we quote against:
These are the factors, not a quote.
Our licensed CPAs and Enrolled Agents read the leases before touching the ledger. You can only bill a tenant what you agreed with them, and we have to know the terms before we code a single cost.
That differs from most tax services because most tax services are quite cookie cutter. So we're going to actually take a look at the person's goals, what they're looking for in the short term, what they're looking for in their long-term, family planning, retirement planning, a holistic tax approach.
I came to Dimov through a colleague's recommendation to aid in some complex real estate tax optimizations… they exceeded in their guidance but absolutely delivered with top notch service, quick responses and impeccable work.
This page is general information rather than advice for your circumstances. Outcomes turn on facts specific to you, so speak to a CPA before acting on anything here.
Send a rent roll, a recent CAM reconciliation and last year's return, and we will tell you what you are under recovering before you engage us.
