Accounting for property management companies in Ontario
Property managers handle owner funds, rent collection, and per-property reporting, which demands clean separation and accurate owner statements.
CRA EFILE authorized · Data stored in Canada · Every file reviewed by an accountant
taxifi · Property Management Companies
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Owner funds kept separate
Money you hold for owners is tracked distinctly from your own, so nothing is ever commingled on the books.
Reporting by property
Income and costs are tracked per property so owner statements are accurate and quick to produce.
Staff and contractors
Payroll and contractor payments are handled with the right reporting to CRA.
What’s included
One flat monthly price for incorporated Ontario property management companies. Everything below is in it.
- Per-property bookkeeping and owner reporting
- Rent and fee tracking
- Payroll for staff and contractors
- HST returns prepared and filed
- Year-end corporate tax (T2), included
| Area | A typical setup | With taxifi |
|---|---|---|
| Your books | Weeks or months behind | Current every day |
| Year-end (T2) | A spring scramble, billed extra | Included, no surprise invoice |
| Your accountant | Metered by the hour | Unlimited questions, flat monthly |
Common questions
Can you report by property?
Yes. Income and costs are tracked per property so owner statements are accurate.
Do you work with incorporated management companies?
Yes. Incorporated property managers are a core fit.
Books and taxes for your property management company, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call