Mind the GAAP: GAAP accounting 101 for property managers
Buildium
MAY 18, 2025
After working in the industry for several years, he sees it as a best practice that can help you avoid serious liability in the event of an audit: It can be a matter of your reputation or even your livelihood. If your books are a mess and you cant do that, you could be fined, you could lose your license, and you could even go to jail.
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