Congratulations, on being a homeowner of a premier property in the beautiful Pawleys Island area of the Grand Strand, and now you're looking to extend your investment through rental management. When you partner up with the Litchfield Company, we are pleased to handle all of the accounting duties that will best ensure the fiscal health and prosperity of your property.
The Litchfield Vacations Accounting Department works tirelessly to maintain and document all of your property's records, from costs associated with repairs and work orders to monthly rental income. Mailed out on the 10th of each month, all homeowners receive a detailed monthly statement, which outlines any expenditures or earnings, making it easy for you to keep track of what is taking place in your unit. Additionally, you can stay up-to-date on any maintenance orders being carried out as needed.
Beyond mailing homeowners a paper statement, we make it easy for you to monitor your unit's financial health by utilizing the Owners Portal on our website. From there, you are able to access your financial records from anywhere. We also help to minimize your homeowner stress by issuing monthly direct deposits of rental income into the bank account of your choosing. Finally, we realize that owning an investment property may bring on extra tax-season responsibilities, so therefore, our accounting department ensures that all your 1099 forms are filled to completion with accuracy and in a timely manner.