What can a property manager include in their accounting report to the owner?

A property manager's accounting report to the owner primarily serves the purpose of providing an accurate and comprehensive overview of the property's financial performance. Including monthly income and expenses is essential because it allows the owner to understand how much revenue is being generated from the property, as well as the costs involved in managing and maintaining it. This information is crucial for the owner to make informed decisions regarding the property's financial health and future planning.

While aspects like tenant relationships, estimated market value, and recommendations for improvements may also be valuable, they do not directly pertain to the financial accounting aspect that the report focuses on. Monthly income and expenses offer a clear, quantifiable view of the property's operational performance, which is the primary concern for property owners when reviewing their investment.