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Leasing plays a vital role in business operations, helping companies secure the assets they need without ownership. However, lease accounting can get complicated when agreements contain more than just base rent, specifically, non-lease components. No…

Making the right decision between finance (commonly called capital leases prior to ASC 842) and operating leases is essential for businesses to manage finances effectively. These two lease types differ in their accounting treatment, financial implica…

Artificial Intelligence (AI) is everywhere, and it promises to revolutionize how real estate businesses work. From automating routine tasks to catalyzing data-driven decision-making, the technology is positioned as a gamechanger for every aspect of t…

Bank reconciliation is a critical recurring accounting function that ensures bank activities, both withdrawals and deposits, are accounted for and appropriate. The process can identify bank transactions not yet entered in MRI Property Management X (P…

Property management accounting serves as a vital component of effectively managing real estate properties. This specialized branch of accounting focuses on the financial aspects of property management, encompassing tasks such as tracking income and e…

Artificial intelligence is reshaping property management, but the real story isn’t the technology itself. It’s how leaders use AI to amplify the strengths of their teams, improve resident experiences, and scale what works across a portfolio. The chal…

Providing a great multifamily experience that makes residents want to renew, review, and refer others starts with creating vibrant communities and unforgettable moments. Come together with your residents to celebrate every season in style with the pe…

Renting an apartment often comes with more financial scrutiny than many renters expect – especially in a large city with high housing costs. Even if you can comfortably afford rent, you may still be asked to provide a guarantor as part of the a…