IdaHills Property Management
Owner Financial Reporting
Always know exactly where your money is — clear monthly statements, direct deposit, and year-end reports that make tax time simple.
Twin Falls · Burley · Rupert · Jerome · Heyburn · Gooding · Buhl · Kimberly · Filer & surrounding Southern Idaho communities
What We Do
Too many rental property owners don't truly know whether their investment is profitable until tax season — by which point it's too late to course-correct. IdaHills provides monthly owner statements that show every dollar that came in and every dollar that went out, organized and clearly labeled. Your disbursement hits your bank account on a predictable schedule. And when January rolls around, your year-end summary is ready to hand directly to your accountant.
Why It Matters
Rental income is taxable, and rental expenses are deductible — but only if you can document them. Management fees, repairs, property taxes, insurance, and depreciation are all deductions available to Idaho landlords. Without organized records, you're either leaving money on the table at tax time or scrambling to reconstruct a year of transactions in January. Monthly reporting keeps you informed in real time and makes the annual tax process straightforward instead of stressful.
What's Included
- Monthly owner statement with itemized income and expense detail
- Direct ACH deposit to your bank account each month
- Separate line items for rent, late fees, maintenance, and management fees
- Maintenance cost tracking with contractor invoice documentation
- Security deposit accounting and deduction records
- Year-end annual summary for tax preparation
- 1099 documentation organized and ready for your accountant
- Owner portal with real-time access to all statements and records
Our Process
How It Works
All Transactions Recorded in Real Time
Every rent payment collected, every maintenance invoice paid, every fee charged is recorded as it happens — nothing reconstructed at month-end from memory.
Monthly Statement Compiled
At the end of each month, we generate a complete owner statement: gross rent collected, any late fees, management fees deducted, maintenance costs itemized, and net income to owner.
Owner Portal Access
Statements are uploaded to your owner portal and accessible any time. You can review current and historical statements, download PDFs, and track trends across months.
Direct Deposit Disbursement
Your net rental income is disbursed via ACH to your bank account on a predictable mid-month schedule. No waiting for a check in the mail.
Year-End Summary & 1099 Prep
In January, we compile a full-year summary organized by income and expense category. Management fees are reported on a 1099 where required. Your accountant gets everything in one place.
Ongoing Questions & Support
Questions about a specific charge? We have the invoice and documentation to explain every line item. Transparency is built into how we track and report.
Tax Considerations for Idaho Rental Property Owners
Idaho landlords pay state income tax on rental income at the Idaho flat rate (currently 5.8%). Common deductions include mortgage interest, property taxes, insurance premiums, management fees, repairs (not improvements), and depreciation. Idaho follows federal passive activity loss rules, which limit how much rental losses can offset other income. Having organized, categorized records from your property manager is the difference between a 30-minute conversation with your CPA and a frustrating multi-week reconstruction.
Related Services
Rent Collection →
Automated collection and direct deposit with full payment ledger and transaction history.
Maintenance Coordination →
Every repair cost is documented and reflected in your monthly statements.
Property Inspections →
Security deposit deductions and repair documentation flow into your financial records.
Ready to Get Started?
Want to actually understand the financial performance of your rental property every month? Contact us for a free property analysis and we'll show you exactly what your reporting would look like.