Now in private pilot

Every number tells two stories.

1418 Alder St, an example property. One purchase, two books.

Verso keeps both books in one ledger: income-tax basis for Schedule E and your CPA, and market value for your equity and returns. Post once. See both.

1031 exchanges, start to finish

Sell into an exchange and Verso watches the deadlines, works out any boot, and carries the deferred gain into your replacement property's basis, depreciation schedule and all. The Value book records the full gain, so you still see what you made.

45-day identification and 180-day closing deadlines flagged
Boot and deferred gain calculated under §1031(d)
Several properties on either side of one exchange

Every LLC in one picture

Map who owns what, including entities that own entities. Choose consolidation or the equity method for each link, and Verso eliminates what moves between them and builds consolidated statements in both books.

Ownership by capital account or by fixed percentage
Intercompany loans posted on both sides at once
Investor capital accounts in both books

Calder Holdings LLCHolding company · 2 members

Maple Court LLC100% · consolidated

$3,102,000 value$185,000 basis

Halsted Partners LP62% · consolidated

$2,660,000 value$472,900 basis

Cedar Yard LLC100% · consolidated

$940,000 value$510,400 basis

Fremont Row LLC50% · equity method

$395,000 value$78,060 basis

Consolidated · 9 entities $8,810,400 value equity $1,658,920 basis equity $410,000 between entities eliminated

Two books, one ledger

Tax basis for Schedule E and your CPA. Market value for equity, appreciation and IRR. Every entry posts to both.

Every number shows its work

Click any figure to see the entries, accounts and documents behind it. No more asking where a number came from.

Built for a dozen LLCs

Consolidate every entity, close each month, and hand your CPA a clean package.