Accounting and Bookkeeping of Real Estate Industry

FIX & FLIP

For fix and flip investors, accurate expense tracking and ROI calculation are crucial for tax filing and profitability. We streamline processes, minimize accounting hassles, and optimize growth. Real estate professionals benefit from our meticulous financial management, ensuring focus on client satisfaction and successful property transactions.

As a fix and flip investor, it is essential to understand which of your expenses can be deducted when filing your taxes. For this reason, it’s important for the investor needs to keep detailed records of their expenses.

Our object is to give the real estate investor massive success. Whether it’s preparing for taxes, impressing your lenders, or buying your groceries, we are here to make it all easy.
House flippers acquire investment properties requiring updates, renovate them, and then resell them at a premium. The difference between all the operational costs and the price the house sells for is their profit. In-house flipping operational costs include:

❖  Buying costs

❖  The cost of money

❖  Holding costs

❖  Selling costs

Also, to accurately calculate your return on investment and ensure a profitable house flip, it is essential to calculate your operational costs accurately. We will help you with all these by setting up a scalable, sustainable process to grow your business while minimizing accounting headaches and saving you taxes.

REAL ESTATE, AGENTS, BROKERS AND REALTORS

If you are a real estate agent or investor, chances are high that you have already got your hands on multi-tasks throughout the property buying and selling process. By the time a property closes, you have dozens of transactions related to your business and clients. Staying on top of your expenses, income, and return on investments helps you make strategic decisions.

The most basic things you should track are commissions associated with each closed deal, Realtor membership fees, commission fees, marketing expenses, continuing education costs, photography and video costs, and travel, mileage, and transportation.

That is why you need somebody to moderate your financial transactions and ensure every penny flows smoothly. We are here to ease the burden of bookkeeping and help real estate agents focus on the tasks that matter: Happy clients and sold homes.

Whether you are a real estate investor, agent/realtor, broker, or developer, our personalized monthly services provide you with automated, reconciled financial statements you can trust. 

Let us handle your accounting and bookkeeping, reporting, and taxes so you can focus on closing the deal.