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Owner Statement
An owner-facing report summarizing a rental property's financial activity and owner distributions for a defined period.
An owner statement summarizes financial activity for a rental owner over a stated period. It commonly shows rental income collected, expenses paid on the owner's behalf, management fees, reserves, and distributions or draws.
The statement is a summary; transaction-level support is found in the underlying accounting records. Identify the owner, covered properties, dates, and reporting basis. A reported distribution should be reconciled with payment records before treating it as proof of receipt.
Source: Buildium, How to Generate Property Management Financial Statements, Owner Statement.
Frequently Asked Questions
Is an owner statement the same as the general ledger?
No. The owner statement is a summary for the owner. The general ledger records the underlying account transactions.
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