Business Advisory & Accounting Services for Real Estate

real estate accounting firms

Tax services and accounting for real estate agents is a service you can greatly benefit from if you’re in the industry. You probably would rather focus your time on properties and aspiring owners than deal with the risk of making mistakes with the IRS or the many details of the financials. This allows us to not only help you with accounting expertise and tax advice, but also provide unique operational insights. Our experts can help you through this process with little risk to you as a business owner. Our real estate professionals know the ins and outs of real estate tax laws and how to integrate software for your benefit. For this reason, enlisting our help can help get your real estate company to the next level.

  • The office is professional, the staff is responsive, and most importantly the work is exceptional.
  • Let our technical knowledge, and our business and industry-specific strategies help you maximize the returns on investment of your real estate portfolio.
  • Location, location, location; where your employees are located now plays a much smaller role in the current business environment thanks to the ability to work remotely.
  • We will also prepare customized financial reports that allow you to identify and eliminate unnecessary expenses and precisely monitor where your money is really going.
  • Maximizing Your Profitability for Long-Term Success Whether you are a real estate investor, a general contractor, or an engineering firm, …

A step-up in basis is the readjustment of the value of an appreciated asset, such as real estate, for income tax purposes upon inheritance. With all of the uncertainties surrounding COVID-19, chances are you are feeling the impact. For tax guidance on your Paycheck Protection Program loan, learn about what portion of your loan my be taxable as gross income, and how this varies by state. The Tax Cuts and Jobs Act created legislation limiting the deductibility of business interest expense on various businesses; learn how this limitation varies by state. As the COVID-19 pandemic continues, contractors will continue to feel its impact to accounting and finances, including GAAP requirements, and more. For tax periods beginning after December 31, 2022, Rhode Island businesses may be required to electronically file returns and remit …

We make a measurable impact

In times of volatile and challenging real estate environments, our strategic tax planning and business consulting can deliver significant value. Clients also gain entry into our professional real estate network, which includes productive relationships with banking and financial institutions. Miller Kaplan has been providing timely, responsive, and goal-specific audit, accounting, tax, and consulting services to clients with real property and affiliated interests in the United States and overseas for more than 75 years. Marcum LLP is a national accounting and advisory services firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Since 1951, clients have chosen Marcum for our insightful guidance in helping them forge pathways to success, whatever challenges they’re facing.

As a company, we have a broad knowledge base of real estate laws and regulations. We don’t just show up to your offices and teach you to save a few dollars on your tax return. Our real estate experts guide you through creating your business structure in a way that allows you to work differently.

How Do I Use Short Term Rentals to Reduce Taxes On My W-2 Income?

Because you don’t need just another accounting firm – you need a relevant advisor who specializes in Real Estate accounting. If you need a real estate tax CPA that offers high-quality service and advice from a dedicated team that has extensive knowledge about your industry, then contact us to see if we’re a good fit. Our team includes accountants and advisors who are ready to be your CPA specializing in real estate. Bookkeeping services for real estate business professionals are a good start, but we also handle tax planning and preparation so you keep more of what you earn and make.

real estate accounting firms

Tax preparation services ensure your returns are filed accurately and on time, with maximum tax savings. Our articles cover all of the trending topics, fresh advice and real-world guidance that you need to succeed in real estate investing. Minimize tax preparation hassles by having your returns filed accurately and on time, all while maximizing tax savings opportunities. Been working with Trevor and his team for 6 years … great firm … worth the investment and peace of mind.

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