Solutions / Property Rental
Accounting for Property Rental Portfolios
One account for every LLC in your portfolio. Separate books, shared platform.
Managing Multiple Property LLCs
Real estate investors often hold each rental property in its own LLC, sometimes called a special purpose entity or holding company. This structure limits liability, but it also means you need separate financial records for every single entity. If you own five properties, you have five sets of books to maintain.
Oproto lets you manage all of those entities from a single account. Each LLC gets its own chart of accounts, its own transaction history, and its own reports. You can switch between companies in one click, without logging out or juggling multiple subscriptions. Your property management company, your holding company, and every individual property LLC all live under one roof.
Need to see how a specific property performed last quarter? Pull up that entity's books. Want to review rental income tracking across your entire portfolio? The data is all there, organized by entity and ready to export. Learn more about how multi-company accounting works in Oproto.
Per-Entity Financial Statements
Each entity in your portfolio gets its own profit and loss statement, balance sheet, and cash flow report. There is no commingling of funds or transactions between entities unless you explicitly record inter-company transfers. This matters for tax season, for lender requests, and for your own clarity about which properties are profitable.
Oproto generates per-entity financial statements that you can export to CSV or PDF at any time. If your CPA needs a clean P&L for a specific LLC, you can hand it over in seconds. Explore the full set of financial reporting tools available on every plan.
The Cost Problem with Multiple LLCs
Most accounting software charges per company or per organization. If you have ten property-holding LLCs, that means ten separate subscriptions. At $30 or $40 per month each, the cost adds up fast, especially when most of those entities only process a handful of transactions per month.
Oproto's pricing is based on total usage across your account, not per entity. You pay one subscription and add as many companies as your plan allows. For rental portfolio operators with many low-activity LLCs, this can cut accounting software costs significantly compared to running separate subscriptions for each entity.
Payroll Compatibility
Oproto does not include built-in payroll processing. If you have employees at a property management company or maintenance staff on payroll, you will need a dedicated payroll provider like Gusto, ADP, or a similar service.
Oproto is compatible with third-party payroll providers through import and export. You can export payroll journal entries from your provider and import them into the correct entity's books in Oproto. This keeps your payroll data in sync with your accounting records without requiring manual re-entry.
What You Get with Oproto
Invoicing per Entity
Send invoices and track payments for each LLC separately. Tenant billing, vendor invoices, and contractor payments stay organized by entity. See the full invoicing and revenue tools.
Expense Tracking
Record maintenance costs, property taxes, insurance premiums, and management fees against the right LLC. Review expense tracking and payables to see how it works.
Consolidated View
Switch between entities instantly or look at your portfolio as a whole. Consolidated reporting across all your companies is on the roadmap.
Clean Separation
Every LLC has its own chart of accounts, its own users, and its own data. No cross-contamination between entities, which is exactly what lenders and auditors expect.
Ready to simplify accounting across your rental portfolio?