Give your internally or externally facing accounting team back office software to parse and securely share K-1 tax statements in bulk with your real estate investors in a fraction of the time it typically takes them.
Simply drag and drop or upload documents, then, automatically match to the appropriate investment entities. To ensure accuracy, approve or adjust each match before sending. What once might have taken days becomes 10 minutes of your team’s time.
Automatically parse and securely share K-1 tax statements with investors
Set personalized notifications to inform investors that their K-1s are ready
Save time, cut costs, and give investors and delegates one software portal to download documents
Why you’ll love this tool:
Distributing K-1 tax statements can be a pain because year in and year out there’s really no good way to handle it securely and efficiently. Mail is labor intensive and may not reach the best address. Email is not secure — you should redact sensitive data, and the file can live forever in an inbox that may eventually be hacked.
With Groundbreaker real estate investment management software in your arsenal, once accounting does their audit, our tool to parse and securely share K-1 tax statements gets these documents out the door quickly and removes you from the bottleneck. Investors can get a more accurate time frame to receive their K-1 tax statements and you can reduce or eliminate requests.