Our Small Bookkeeping Business Services
Bookkeeping for Real Estate Agents & Brokers
As a real estate professional, your income is dynamic—fluctuating commissions, business expenses, and tax obligations can make managing your books overwhelming. We provide accurate, organized bookkeeping designed specifically for agents and brokers.
- Commission Tracking & Reconciliation – Ensure every transaction is accurately recorded, including splits, brokerage fees, and referral commissions
- Expense Categorization & Write-Offs – Maximize deductions on marketing, client gifts, staging costs, and office expenses.
- Mileage & Travel Expense Logging – Track and categorize vehicle usage for tax deductions.
- Quarterly Tax Estimates & Planning – Stay ahead of self-employment tax obligations with proactive financial planning.
- Financial Reporting & Cash Flow Management – Gain clarity on income trends, business expenses, and profitability.
- Bank & Credit Card Reconciliations – Keep your accounts accurate and up-to-date for seamless tax preparation.
- 1099 Contractor Payment Tracking – Ensure proper record-keeping for assistants, photographers, or staging professionals you hire.
Property Management & Rental Property Bookkeeping
Property managers and rental property owners juggle multiple income streams, vendor payments, and expenses. Our real estate-focused bookkeeping simplifies the financial side of your business, keeping you compliant and profitable.
- Rental Income & Tenant Payment Tracking – Accurately record rental payments, late fees, and vacancies.
- Property Expense Management – Categorize maintenance, repairs, utilities, HOA fees, and insurance expenses.
- Security Deposit Reconciliation – Track deposits separately to ensure proper handling and compliance.
- Owner Payout & Profit Distribution Reports – Generate reports for landlords and investors.
- Mortgage & Loan Tracking – Keep records of principal vs. interest payments for each property.
- Vendor & Contractor Payment Management – Track payments to maintenance companies, landscapers, and cleaning services.
- Portfolio Profitability Analysis – Get insights into your most profitable properties and overall cash flow.
Tax-Ready Financials & Advisory
Real estate professionals and rental property owners often miss out on key tax deductions and financial opportunities. We help ensure your books are organized, compliant, and tax-efficient year-round.
- Year-End Financial Statement Preparation – Organized reports ready for your CPA or tax professional.
- Real Estate Tax Deduction Optimization – Ensure you’re capturing every possible deduction, from depreciation to home office expenses.
- Expense Categorization & IRS Compliance – Properly classify every transaction to avoid IRS red flags.
- Cash Flow Forecasting & Budgeting – Plan for upcoming expenses, market fluctuations, and business growth.
- Sales Tax & Rental Tax Filing Support – Stay compliant with local tax requirements for rental properties.
- Business Structure Guidance – Understand the financial benefits of operating as an LLC, S-Corp, or sole proprietor.
- Audit-Ready Bookkeeping – Keep clean, accurate records to reduce audit risks and simplify tax filing.