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Real Estate Tax & Accounting

Real estate owners need records that separate property income, operating costs, capital improvements, loans and dispositions. The ownership structure affects how results reach the investor.

Accountant reviewing rental property documents with an owner

Track each property

Separate income and expense records make it easier to evaluate property performance, prepare returns and support a later sale or exchange.

Distinguish repairs from improvements

The facts and invoices determine whether a cost is a current expense or added to property basis. We review large projects before year-end reporting.

Plan before a sale or exchange

Depreciation, debt, transaction costs and replacement property choices can affect gain and basis. Early review is especially useful when considering a like-kind exchange.

Talk through your next step

Tell us your business type, location, current accounting system and any approaching deadline. We will prepare for a focused conversation.