Review your portfolio's cash flow
Sure, you get a check in the mail every month. But where does it go?
And when it’s time for taxes, how do you hand it off to your bookkeeper?
How do you remember if that rent change is due to COVID, a lease option, a CAM (common area maintenance) change, or forgetfulness?
NNNLegacy connects to your bank accounts to verify rent deposits have occurred for your triple-net (NNN) and single-tenant-net-lease (STNL) holdings. If there are any changes or late payments, you’ll know and can respond.
Track upcoming rent increases and time remaining on leases
You reviewed the deed and lease when you purchased the property.
But do you remember the base rent, the increases, the options terms, the renewal dates…
NNNLegacy automatically updates the expected monthly rent deposit amounts and notifies you if your tenant forgets to change their rent deposit amount. You also get notified when it’s time to talk about lease options and lease extensions.
View real-time Schedule E's so you know how depreciation will affect your yearly tax bill
Do you wait until the end of the year to figure out your real net operating income (NOI)?
Do you have expenses that get reimbursed after you create an invoice?
Do you feel a little too tied to your accountant to know what is going on?
NNNLegacy shows you a simple Schedule E with income, expenses, and depreciation so you can better manage your cash and tax decisions over the course of a year. You’ll see the effective income you will need to report for your real-estate holding LLC or corporation so you can better manage your triple-net business.
Prepare your estate and simplify your paperwork now!
Let NNNLegacy handle the paperwork so you can build your NNN empire.