‘This OBGYN mom gets back $100.10 that was almost lost forever.’
It may not be much - but where there is a little mistake, there are usually more.
1 min read

Money Found

26 November 2023

This OBGYN mom gets back $100.10 that was almost lost forever.

Angie M Grainger

When an OBGYN decided to take time off from her career to care for her little ones, her and her husband decided to invest in real estate. So, she became a real estate professional for a while until she was ready to return to her passion.

In these years of learning to buy buildings, hire property managers, and take advantage of tax laws, there were a lot of moving parts and she learned very quickly how to navigate it all.

What she didn't realize was all the accounting and paperwork involved in this business, and as a physician, this was not her love to say the least.

In the process, she made good choices to hire property managers to handle a lot of the headaches for her.

The one thing that was missing however, was a personal finance director that could help oversee it all with her.

When we came onboard to establish their family office, she gladly handed us the bookkeeping for all her properties. (And yes, even with property managers, it's important to keep your own books and records. Accounting is not just for taxes at year-end, it's to put you in control over your money.)

Anyway, we began reconciling each account, line-by-line, property manager-by-property manager. Until we hit a little snag.

Where did the extra funds go when she fired one of her property managers?

In tracing down the funds and contacting the old property management company, they agreed - they never returned the $100.10 balance back to her. We got that check in the mail asap.

It may be a small amount in the scheme of things, but where we find one error, we always find more.

The money is always in the details.

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Why settle for anything less than your own, personal CPA firm?

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Our team of Certified Public Accountants, Personal Financial Specialists, and Certified Financial Planners® is dedicated to personal finance—so we’re dedicated to you.

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