Accounting for Real Estate Investors & Developers

Real estate income is lumpy and the tax rules are unforgiving. Deals close months apart, costs run through multiple entities, and the difference between a good outcome and a bad one is often a decision made — or missed — before a project closes.

What we handle

• Job costing by project, so you know a deal’s real margin before the closing statement
• Multi-entity bookkeeping when each property or project sits in its own LLC
• Closing statement entries — allocating purchase price, closing costs, and basis correctly from day one
• Construction draws, hard and soft costs, and capitalized interest
• Depreciation schedules and cost segregation coordination
• 1031 exchange bookkeeping and basis tracking
• Partner and investor distributions with capital account tracking

Serving real estate investors, developers, and syndicators throughout Staten Island and New York City.