HNW real estate investor case study

Real Estate Investor Seeks Accounting Help with Plumb Bill Pay

This HNW real estate investor has a large portfolio of multi-family rental and mixed-use properties, along with an S Corp, and complex personal accounting needs.

AT A GLANCE

CHALLENGES

  • Large real estate portfolio
  • S Corp complexities
  • Complex personal accounting

    • BENEFITS

  • Consolidated financial oversight
  • Tax and compliance readiness
  • Streamlined bill pay and expense management

    • Objectives

    A high-net-worth real estate investor with a $35MM net worth sought a streamlined financial management solution to handle the complexities of his diverse holdings. His portfolio includes multi-family rental properties, mixed-use developments, an S Corp, and multiple brokerage accounts, creating significant accounting and reporting challenges.

    With limited time and internal resources to organize financial records, reconcile transactions, and compile supporting tax documentation, he needed a trusted partner to provide accurate, real-time financial visibility. His key objectives included:

    • Consolidated Financial Oversight – Gaining a clear, up-to-date view of cash flow, investments, and property performance across multiple entities.
    • Tax & Compliance Readiness – Ensuring all financial records and supporting documents were organized and easily accessible for tax filings and compliance requirements.
    • Streamlined Bill Pay & Expense Management – Automating payments and categorizing expenses to improve efficiency and reduce administrative burdens.
    • Outsourced Accounting Expertise – Partnering with a specialized accounting team to handle day-to-day financial management, reconciliations, and customized reporting.

    By engaging Plumb Family Office Accounting & Bill Pay, he aimed to free up time, reduce financial stress, and gain confidence in the accuracy and efficiency of his personal and investment-related accounting.

    Solutions

    To address the investor’s complex financial management needs, Plumb implemented a comprehensive outsourced accounting solution tailored to his real estate portfolio, S Corp, and personal financial structure. The key solutions included:

    1. Consolidated Financial Oversight – Plumb provided customized multi-entity reporting, consolidating financial data from rental properties, mixed-use developments, brokerage accounts, and the S Corp. This allowed the investor to monitor cash flow, investment performance, and overall net worth in real-time, ensuring informed decision-making.

    2. Tax & Compliance Readiness – Plumb’s team meticulously organized and maintained financial records, reconciling transactions across all accounts and ensuring tax documents were readily available. By preparing detailed financial statements and supporting schedules, Plumb helped streamline year-end tax preparation, reducing stress and minimizing the risk of errors or missed deductions.

    3. Streamlined Bill Pay & Expense Management – The investor gained an automated, secure, and efficient bill payment system with Plumb’s solutions. This eliminated manual tracking of due dates, reduced late fees, and ensured accurate expense categorization across properties and personal accounts. All payments were approved through a structured workflow, providing both security and convenience.

    By leveraging Plumb, the investor was able to offload financial complexities, maintain compliance, and gain a clear financial picture—allowing him to focus on strategic investment decisions with confidence.

    Take the First Step

    Request a consultation to learn how Plumb Bill Pay customizable service offerings can help you save time, gain clarity and remain in control.

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