Understanding your owner statement
Rent, fees, repairs, reserves and distributions explained line by line, with an illustrative example.
By the Ekot team · November 3, 2026 · Reviewed by Esther Jackson-Stowell, Principal Broker
Five kinds of lines
- Income: rent and any fees collected from residents.
- Management fees: charged on rent actually collected.
- Repairs and services: vendor invoices at cost, each with the invoice attached in the portal.
- Reserve: a small balance held for minor repairs, restored when used.
- Distribution: what is sent to your bank account, and when.
Reading it in a minute
Start at the bottom with the distribution, then look at any repair lines you did not expect. Every repair line on an Ekot statement links to the approval you gave and the invoice behind it, so the question is answered before you ask it.
The owner experience page walks through an annotated statement.
General information for Salt Lake Valley owners and residents, not legal, tax or lending advice. Figures are dated and sourced where given. Reviewed by Esther Jackson-Stowell, Principal Broker.
