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Accounting

Spending Your Money

Spending Your Money

EOM/Mid Month

Disbursements are completed in the middle of the month and after the close of each month - subject to the days. You can opt to be disbursed twice monthly or monthly. 

Each disbursement will generate a statement showing all activity for your property during that month.

Maintenance/General Property Expenses

Maintenance on a property is the responsibility of the landlord for compliance with the RTRA Act 2008 (Qld).

We will always notify you of maintenance that is required at your property ensuring there are no surprises on your monthly statement.

Emergency Repairs

Safety, compliance and emergency repairs will be actioned by us on a case by case basis depending on the status/severity.

You will be notified but our first response will always be to make your property safe and administer our (and your) duty of care.

Further work may be required after the property is made safe and this will be discussed with you in due course.

More information on emergency repairs can be found here.

Bond Expenses

In situations where we have to issue a maintenance request on your behalf for an item that your tenant should have completed at the end of their tenancy (e.g. pest control) the invoice will be processed like any other maintenance item through our system.

The amount will be claimed back from the tenant via their Bond or via any QCAT claim that is made on your behalf.

Owners need to be aware that all maintenance is claimable as a tax deduction and that any monies recovered via a Bond claim or QCAT order must be shown as income

Read more here.

Access to Statements-Portal

You are able to access your financial information online 24/7 - you do need to register your unique user ID through the links provided on your Statements. 

 

 

Interested in a realistic rental appraisal of your investment property?

CALL US NOW

(07) 3135 9080

Contact Us

(07) 3135 9080

contact@realestatehq.com.au

P O Box 1020
Indooroopilly Centre Qld 4068

Suite 6 | 21 Station Road
Indooroopilly Qld 4068

By Appointment Only
Please note the office is not always attended.
We may be out conducting business or attending to an emergency.
Please call ahead to make an appointment or use the Contact Form

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