Real Estate CPA Services for Developers, Investors & Owners
Real estate activity can create accounting and tax questions that extend well beyond recording income and expenses. Property acquisitions and sales, improvements, financing, multiple entities, rental activity, and changing tax obligations all affect the financial picture.
Taylor Montgomery, CPA provides practical accounting, tax, and financial reporting support for real estate professionals, investors, and property-based businesses. The goal is to maintain reliable records, identify issues early, and provide information that supports better planning and decision-making.
Services
Accounting Support Built Around Real Estate Activity
Real estate records often involve more than one property, entity, bank account, or financing arrangement. Transactions must be classified consistently, property-related costs need to be tracked carefully, and the accounting records should support both tax preparation and meaningful financial reporting.
- Bookkeeping and account reconciliations
- Accounting cleanup and correction of prior-period records
- Property- and entity-level income and expense tracking
- Review of acquisition, improvement, and closing-related costs
- Fixed-asset and depreciation schedule support
- Month-end and year-end accounting assistance
- Financial statement preparation and management reporting
- Cash-flow and property-performance analysis
- Coordination of accounting records for tax preparation
Tax Preparation and Proactive Planning
Real estate decisions can have significant tax consequences. Planning before a purchase, sale, major improvement, or ownership change provides more opportunity to evaluate the available options than waiting until the tax return is being prepared.
- Federal and state income-tax preparation
- Estimated tax calculations and payment planning
- Rental-property income and expense reporting
- Review of tax basis and depreciation information
- Planning related to property acquisitions and dispositions
- Multi-entity and multi-state tax considerations
- Coordination with attorneys, qualified intermediaries, cost-segregation professionals, and other advisors when specialized assistance is needed
Tax treatment depends on the specific facts and applicable law. Recommendations are developed only after reviewing the client’s records, ownership structure, objectives, and transaction details.
Financial Reporting and Advisory
Accurate tax filings are important, but owners and operators also need timely financial information throughout the year. Clear reporting can help identify cash-flow pressure, unexpected expenses, changes in profitability, and differences in performance among properties or projects.
- Customized financial and management reports
- Budget-to-actual and period-over-period analysis
- Cash-flow forecasting
- Property or project profitability analysis
- Accounting process and internal-control improvements
- Accounting-system support
- Audit, lender, or due-diligence readiness
- Special-project financial analysis
Accounting for Developers and Project-Based Real Estate Businesses
Development and project-based real estate businesses need records that show where funds are going, how each project is performing, and whether actual results remain aligned with budgets and financing requirements. The accounting structure can be organized around each project, property, and related entity.
- Development-cost tracking by project and entity
- Classification of land, construction, professional, financing, and carrying costs
- Tracking of owner contributions, financing activity, and project draws
- Budget-to-actual reporting and variance analysis
- Cash-flow reporting for active projects
- Project reporting support for owners, lenders, tax preparation, and other advisors
Who This Service Is For
- Real estate investors and rental-property owners
- Real estate agents and brokers
- Property-management businesses
- Developers and project-based real estate businesses
- Owners of multiple properties or related entities
- Real estate service providers needing stronger accounting and reporting
Frequently Asked Questions
Can you work with more than one property or entity?
Yes. The engagement can be structured around multiple properties or related entities. The records and ownership structure are reviewed first so the appropriate scope and reporting approach can be established.
Can you help clean up incomplete real estate accounting records?
Yes. Cleanup may include reconciling accounts, correcting transaction classifications, separating property or entity activity, reviewing fixed-asset information, and preparing the records for financial reporting or tax work.
Do you provide advice before a real estate transaction closes?
Planning is most useful before a transaction is completed. Accounting and tax considerations can be evaluated in coordination with the client’s attorney, broker, lender, qualified intermediary, or other appropriate professionals. Legal, appraisal, and investment advice are outside the scope of CPA services.
Do you provide remote services?
Yes. Accounting, tax, and advisory services can be provided remotely using cloud-based accounting platforms, secure document sharing, and virtual meetings.
Related Services
Depending on the engagement, real estate clients may also benefit from bookkeeping and accounting support, tax preparation and compliance, proactive tax planning, or financial reporting and accounting advisory.
Let’s Talk About Your Real Estate Accounting and Tax Needs
Whether you need help organizing property records, preparing tax filings, improving financial reporting, or planning for an upcoming transaction, the first step is understanding your current structure and priorities.