Real Estate

Financials that respect how real estate actually works.

Q: Can you work with my property manager and their statements?

Yes. We work with the data your property manager produces — monthly owner statements, rent rolls, expense reports — and make sure it ties cleanly to your books. If your PM uses spreadsheets, we adapt; the work just takes a bit more setup at the start.

Property-level P&Ls. Multi-entity structures. Cap-ex done right. Reporting your tax CPA and lenders can rely on. We do real estate accounting and fractional CFO for portfolios from 3 doors to 100+, plus commercial and flip operators.

Book a free 30-min consult (385) 489-5516

§ 01Why this is different

Real estate accounting is its own discipline.

Most general bookkeepers will treat a real estate business like a service business. They'll mishandle depreciation, expense things that should be capitalized, and hand you a P&L that hides the real economics of your portfolio. We don't.

Property-level P&L

Books structured by property and entity from day one. You see net operating income per asset, not just a blended firm-wide P&L that tells you nothing.

Cap-ex vs. op-ex, done right

The difference between a $40K roof being expensed (wrong) and capitalized + depreciated (right) is real money. We get this right every time, and your tax CPA thanks us.

Multi-entity reporting

HoldCo, OpCo, property LLCs, partnerships — we keep the books clean across multi-entity portfolios with proper intercompany eliminations and clear partner allocations. Entity formation stays with your attorney; we work with whatever structure you and your CPA have set up.

Cost-segregation ready

If you're doing cost seg studies, your records need to support them. We structure your fixed asset registers so cost seg engineers and your tax CPA can do their work without a forensic audit.

Cash vs. accrual reality

Most owners need both — cash basis for tax, accrual for understanding. We can run both views cleanly so you see what's actually happening vs. what shows up on the tax return.

Refi & lender packages

When it's time to refinance or pull out equity, lenders want clean financials, reconciled rent rolls, and DSCR calculations they can verify. We package it — financials, supporting schedules, and DSCR — so your loan officer has what they need on day one.

§ 02Who we serve

Where we have real reps.

Residential rental portfolios

3 to 50+ doors. Long-term holds, mid-term, short-term. We handle the entity sprawl, the property manager statements, and the headache of small-dollar transactions at scale.

Commercial & mixed-use

Retail, office, industrial, multi-tenant. CAM reconciliations, lease accounting (ASC 842 if you need it), tenant improvement amortization.

Flippers & build-to-rent

Short-cycle inventory, construction-in-progress accounting, and the working capital math that tells you whether your next deal is feasible.

§ 03When you need a CFO too

Past 10 doors? The math gets harder.

Bookkeeping tells you what happened last month. A fractional CFO helps you see the patterns underneath — portfolio-level performance, where your cash actually goes, and what your numbers say about the next move.

See our fractional CFO offering →

Portfolio-level KPIs: NOI growth, expense ratio, cash-on-cash
Reserve targets — are you actually funded for cap-ex?
Cash-flow visibility across entities and properties
Owner distributions and partner allocations done cleanly
Financial documentation ready when refis or exits come up

§ FAQ Real Estate-specific questions

What real estate owners ask before signing.

Do you handle short-term rental (Airbnb / VRBO) accounting?

Yes. STR comes with its own quirks: high-volume small transactions, occupancy taxes by jurisdiction, cleaning/turnover costs, and material participation rules that affect tax treatment. We've got reps here.

Can you work with my property manager and their statements?

Yes. We integrate with most major property management platforms (Buildium, AppFolio, RentManager, Stessa) and reconcile owner statements monthly. If your PM is on spreadsheets, we still make it work — just takes a bit more setup.

What about depreciation and cost segregation?

We don't do cost seg studies (that's an engineering specialty), but we structure your books so cost seg engineers and your tax CPA can do their work efficiently. We track basis, accumulated depreciation, and asset components in a way that survives audit.

Multi-state portfolios?

Common. We keep the books clean across entities and jurisdictions, document the activity that drives state-level filings, and coordinate directly with your tax CPA on the actual filings and nexus questions. Tax filings stay with your CPA — that's their lane.

1031 exchanges?

We track the basis carryover, structure the books on both sides of the exchange so the deferred gain is documented, and coordinate with your QI and tax CPA. We don't act as the qualified intermediary.

How does this work alongside my real estate attorney and tax CPA?

We're the financial operations layer that sits between them. Your attorney handles entity formation, your tax CPA handles filings, we handle the day-to-day books and management reporting that keeps everything coherent. We talk to both of them directly so you don't have to.

Ready to talk to people who actually know your industry?

30-minute call. No obligation. We'll tell you straight whether we can help — or who can.

Book a free consultation Or call (385) 489-5516