Accounting and Tax Advisory for Real Estate

Maintain clear records of your properties, rental income, and investment transactions.

Industry Challenges

Addressing your organization's priorities

Separate tracking of rent, deposits, expenses, and financing for each property.

Distinguishing current expenses from improvements that must be capitalized.

Recording tax basis and depreciation based on each asset's use.

Review of closing documents and the tax implications of your transactions.

Answers to Your Questions

Is every renovation immediately deductible?

No. Certain improvements must be capitalized and recovered through depreciation.

Are security deposits income?

It depends on the deposit terms and the obligation to return the funds.