The bookkeeper won't read four leases and build a model. A lawyer won't model anything. Your CPA firm just files your taxes — no help here. So the CAM sits unbilled, year after year.
One landlord was owed about $267,000 over four years — and never billed a cent of it.
1 · Anonymized composite case study — names, places, dates and amounts are fictional. Not legal or tax advice — your lease language controls. Contingency engagements subject to a written agreement.