Why Real Estate Professionals Need Startup, Bookkeeping, and Tax Help

As a real estate agent, broker, or investor, you thrive on closing deals, building client relationships, and growing your portfolio. But the business side—legal setup, financial tracking, and taxes—can pull you away from what you do best. With over 50 years of combined experience in real estate, project management, and financial services, we offer tailored startup services, bookkeeping, and tax planning to help real estate professionals like you succeed. Our affordable starter plans—incorporation, basic bookkeeping, bank account, and payroll setup—along with our tax planning and preparation, keeps your business organized, compliant, and profitable, whether you’re selling homes or investing in properties.

Startup Services: Building Your Real Estate Business

Real estate professionals juggle commissions, client contracts, and property deals, making a solid business foundation critical. Our startup services are designed for your industry:

• Incorporation: We guide you through forming the right business structure for your needs to protect personal assets, crucial for agents handling high-value transactions or investors managing rental properties. This also enhances your professional credibility with clients.
• Basic bookkeeping: Track commissions, referral fees, and marketing expenses with cloud-based tools tailored for real estate, perfect for managing variable income streams.
• Bank Account Setup: Keep client escrows, commissions, and investment funds separate with a dedicated business account, simplifying financial management for deals and rentals.
• Payroll Setup: For brokers with agents or investors hiring property managers, our payroll system ensures compliance with labor laws and simplifies wage and commission payments.

Bookkeeping: Streamline Your Real Estate Finances

Real estate involves complex financials, from commission splits to property maintenance costs. Our bookkeeping services, including the basic bookkeeping in our starter plans, keep you organized:

• Track Commissions and Fees: Monitor income from sales, referrals, and leasing deals, ensuring accurate records for multiple transactions.
• Manage Expenses: Categorize costs like MLS subscriptions, advertising, staging, or property repairs, vital for agents and investors in competitive markets
• Real-Time Insights: Access financial data anytime to optimize pricing, budget for marketing, or track rental income, helping you make informed business decisions.

Tax Planning and Preparation: Maximize Real Estate Savings

Real estate professionals face unique tax opportunities, from deductions for business expenses to depreciation on investment properties. Our tax services help you save:

• Leverage Deductions: Claim write-offs for marketing, travel, home office expenses, or professional fees, like a broker we helped save $7,000 by deducting CRM software and mileage costs.
• Optimize Investment Properties: For investors, we maximize deductions for mortgage interest, property taxes, and depreciation, as well as Section 1031 exchanges to defer capital gains taxes.
• Stay Compliant: Our integration with basic bookkeeping ensures accurate records for IRS filings, tailored to cash-basis accounting common in real estate and compliant with regulations for escrow accounts.

Why Real Estate Professionals Benefit

• Save Time: Focus on client showings, deal negotiations, or property acquisitions, not paperwork. A real estate investor we worked with saved 12 hours a month using our basic bookkeeping and payroll setup to manage their rental portfolio.
• Stay Compliant: Meet IRS and real estate board regulations, crucial for agents and brokers handling client funds or investors managing multiple properties.
• Grow Your Business: Reinvest tax savings into marketing campaigns, new listings, or additional property investments to scale your success.

Get Started Today

Don’t let administrative tasks slow your real estate business. Our affordable starter plans (incorporation, basic bookkeeping, bank account, and payroll setup) and expert bookkeeping and tax services are designed to keep agents, brokers, and investors thriving. Contact us for a free consultation or visit our pricing page and start building a business as strong as your real estate expertise.

Close deals, not books—launch and grow with confidence.