Financial Management 2018-12-11T19:05:13+00:00

Financial Management

With years of experience in vacation rental accounting, Southern’s Accounting Team are the best on the coast. Understanding how important keeping an eye on your investment is, they work closely with our PMs on each owner’s account.

Southern’s Owner Portal provides monthly statements, year-end statements and tax forms for ease and convenience. The Portal also supplies work order information, reservation information, as well as the ability to make an owner or owner’s guest reservation. 

Your respective Portfolio Manager is well-versed in all Southern platforms and is readily available to assist in navigating the Portal.

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Financial Services

Monthly Statements

Monthly statements go out by the 10th of each month and will include all of the following:

  1. An overview of your reservations and rental amounts
  2. A breakdown of our commission
  3. A list of all the expenses paid on your behalf

Accounts Payable

Southern’s Accounting team will process your bills and pay them on time. We manage the following:

  1. Licenses and Permits
  2. Sales Tax
  3. Tourist Development Tax
  4. Applicable Vendor payments

Tax Season

Our Accounting Team will help you prepare for tax season. Each year in January, you will receive the following tax documents:

  1. 1099 (US owners) or 1042-S (Non-US owners) forms
  2. Year End Statement with an overview of your income and deductible expenses

Owner Portal | 100% Transparency

Have Important Property Information Whenever You Want

Past, Current & Future Reservations. Work Orders. Comprehensive Performance Stats. Owner Statements.