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Accounting Services

It’s easy to keep tabs on your investment

Comprehensive Financial Reporting

Napa Accounting

At First & Main Property Management, we believe that transparency, consistency, and accuracy are key to protecting your investment. We provide detailed financial reporting to help you make informed decisions and stay in control of your property's performance—whether you're local or out of state.

Monthly Owner Statements

Each month, you’ll receive a clear, itemized statement showing:

  • Rent collections and income
  • Operating expenses and vendor payments
  • Management fees
  • Maintenance activity
  • Reserve and escrow balances (if applicable)

Statements are delivered electronically and can be tailored to align with your accounting or recordkeeping preferences.

Year-End Summaries & Tax Documents

To simplify tax preparation, we provide:

  • Annual Income & Expense Summaries
  • IRS Form 1099-MISC for rental income
  • Vendor 1099s as required by law
  • FTB Form 592 filing for out-of-state owners (California Franchise Tax Board compliance)

For non-resident property owners, we handle all state-required withholding, reporting, and remittance—giving you peace of mind and ensuring full compliance with California law.

Owner Portal Access

You'll have 24/7 access to your secure owner portal, where you can:

  • View monthly statements and historical financials
  • Download leases and key documents
  • Track maintenance work orders
  • Monitor account balances in real time

Our portal keeps you informed, whether you're across town or across the country.

Optional Escrow & Reserve Accounts

For owners looking to set aside funds for large upcoming expenses—such as roof replacement, insurance premiums, or annual property taxes—we can establish dedicated escrow accounts to hold monthly reserves.

This service helps you budget proactively and avoid financial surprises. Contribution amounts and disbursement schedules can be customized based on your property's needs and cash flow. Whether you prefer to build reserves gradually or plan ahead for specific projects, we'll work with you to set up a system that supports your goals.

Forward-Thinking Financial Management

Our role isn't just to track your property's financials—it's to manage them in a way that protects your investment, keeps you informed, and helps you plan for the future. With First & Main, you get accurate reporting, proactive planning, and dependable support every step of the way.

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First & Main Property ManagementPeace of mind, Guaranteed.

Happiness Guarantee

We believe in quality customer service. If for any reason you wish to discontinue your service with us, you can cancel your agreement at any time with no penalties.

Results Guarantee

With our results guarantee you don't pay us until we show results! If we are leasing your property for you, we do all the work up front and you don't pay us until you get a qualified tenant. That means we aggressively market and show your property, screen the tenants, handle all of the paperwork and perform a move-in inspection...all before we get paid anything.

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First & Main Property Management

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