If you’re a realtor closing multiple deals a month, a landlord managing 3 to 10 rental properties, or an investor generating $20K to $80K per month and struggling to track where your money is going, our real estate accounting and bookkeeping services are designed for businesses like yours.
Real estate finances quickly become messy when commissions, rental income, and property expenses aren’t tracked properly.
Real estate bookkeeping, sometimes called accounting for real estate or rental property accounting, is the process of tracking rental income, commissions, and property expenses while organizing data by property or deal.
It includes recording transactions, reconciling accounts, and preparing reports so you can see which properties are actually profitable.
Our real estate bookkeeping services focus on organizing income, categorizing expenses correctly, and reconciling accounts so you know how each property or transaction is performing.
In our experience, most real estate businesses are not struggling with revenue, they are struggling with unclear financial records and inconsistent property-level tracking.
Our Real Estate Bookkeeping Services help you in:
This service is designed for real estate businesses that need clear financial tracking and reporting:
Realtors and real estate agents earning $20K to $80K per month who need accurate commission tracking, this is where accounting for real estate agents helps keep commission income and expenses clear and organized.
Landlords and rental property owners having 3 to 10 properties who want clear cash flow visibility per property. Accounting for landlords helps keep each property's income and expenses organized.
Real estate investors ($20K to $80K monthly) preparing for tax filing and needing clean records for Schedule E reporting.
Property managers handling multiple clients or units who need separate and organized financial records.
Common issues businesses face without proper Real Estate Bookkeeping services:
Real estate transactions involve commissions, referral fees, deposits, and ongoing costs. Due to the absence of the systems in the right place, tracking these can be very challenging.
When systems are not set up correctly, tracking income, expenses, and transactions becomes confusing and time-consuming.
Many businesses struggle to separate routine expenses from capital improvements, which can affect financial accuracy and tax reporting.
Poor bookkeeping leads to unclear reports, which impact cash flow planning, tax preparation, and profitability.
Accurate financial reporting reduces errors and gives you clear numbers you can use to make better business decisions, not just numbers you need for tax filing.
Without proper records, it becomes difficult to evaluate which property or project is actually making a profit.
Incomplete or unorganized records make it difficult to report income correctly and claim allowable expenses.
The IRS requires rental property owners to keep records of their rental income and deductible expenses and these records support the information reported on Schedule E each year.
We start with a discovery call to understand your business, current bookkeeping system, reporting issues, and the areas where you need support. During this stage, we also identify critical areas that need immediate attention.
We get access to your QuickBooks or Xero account and review your current records, accounts, and transactions to identify missing data or bookkeeping issues.
We fix incorrect entries, clean up past transactions, and reconcile your bank and credit card accounts to bring your books up to date.
Each month, we:
In 30 minutes, we'll review your current setup and tell you exactly where we can add value, no commitment required.
5-star reviews from the US small businesses we work with
Highly recommend this bookkeeper! They were extremely knowledgeable, organized, and detail oriented. They cleaned up my QuickBooks, properly categorized transactions, and clearly explained everything they did. Communication was fast and professional, and they delivered exactly what was promised on time.
Exceptional, he exceeds with added value! I will use his services again, he was done before I even considered. I gave it a couple weeks to get done and his turnaround was much quicker.
Great company did amazing
Wonderful to work with. We look forward to using him regularly.
My quickbooks were way out of sync and several transactions were put on the wrong accounts before I hired this team. They communicated well, went back 2 years to get correct reconciliation, and showed me where issues were with zoom calls.
Delivered ahead of time. Easiest book keeper to work with. Highly recommend.
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We don’t just record transactions. We reconcile your accounts and organize your real estate bookkeeping so your reports are accurate and usable for tax filing.
Real estate accounting builds on our core bookkeeping services but goes further we track commissions, rental income, and expenses by property, deal, or client so you can see what's actually profitable.
If you’re a landlord or an investor, we structure your rental property accounting so you can track performance for each unit and not just your overall business.
If your books are behind or messy, we fix past errors, clean up records, and bring everything up to date without interrupting your day-to-day operations.
We work with QuickBooks Online, Xero, and other real estate accounting software, so you don’t need to switch systems.
We support real estate agents, investors, and property managers handling multiple properties and $20K to $80K+ monthly cash flow.
We are vetted professionals on platforms like Fiverr and Upwork, and have worked with over 250 clients across different industries.
Pricing depends on how many properties or deals you manage and how many transactions you have each month. It isn't based only on what type of real estate business you run.
An investor with several properties and lots of transactions will usually pay more than a landlord with the same number of properties but fewer transactions.
If your books are behind, catch-up or cleanup work is priced separately as a fixed project fee, usually costs $150-$800, depending on how many months need to be updated.
We work with QuickBooks Online, Sage, Xero, Zoho Books, Wave, and other accounting platforms, so you can use the system that fits your business instead of forcing your business to fit the software.
The right accounting software for real estate agents should handle commission-based income without making things complicated. QuickBooks and Xero can both work well once they’re set up properly.
For accounting software for real estate investors, the choice usually depends more on the size of the portfolio. Managing income and expenses across multiple properties takes more tracking than a real estate agent who mainly deals with commissions.
We worked with a rental property owner in Texas, managing 6 properties generating around $25K per month. Their books were mixed, and they couldn’t tell which properties were profitable.
We built a property-specific chart of accounts, separated the income and expenses of each property, and cleaned up 12 months of transactions.
Within 3 weeks, they had clear reports showing profit per property and were able to identify one unit that was draining cash flow. This helped them make better investment decisions and improve overall finances.
Our professional Real Estate Bookkeeping Services help your business in the following ways:
Real estate bookkeeping is about keeping track of your property-related finances. This includes rental income, commissions, expenses, and monitoring each property, so your finances can be accurate.
In real estate bookkeeping, there are five main types of accounts: assets, liabilities, equity, income, and expenses. These help you track things like property value, rental earnings, costs, and the overall financial health of your business.
Most real estate businesses use either the cash basis or accrual accounting method. The cash method records income and expenses when money is received or paid, while accrual records them when they are earned or incurred.
In real estate accounting, depreciation is used to spread the cost of a property over time. It allows property owners to reduce taxable income by accounting for wear and tear on buildings and assets.
Real estate is classified into residential, commercial, and industrial properties. Each type has different income structures, expenses, and accounting requirements.
Yes, we can clean up 12 months of messy real estate books by fixing categorization, reconciling accounts, and organizing data per property within 2-4 weeks.
The right accounting software for real estate investors depends on portfolio size. QuickBooks Online works well for most investors with fewer than 10 properties, while larger portfolios may need Yardi or AppFolio for better property-level tracking.
Yes, bookkeeping for real estate agents mainly focuses on commissions and income from individual deals. Accounting for landlords focuses more on rental income, security deposits, and expenses for each property. Both require separate and well-organized records, but the categories and tracking needs are different.
Pricing depends on your property count, deal volume, and monthly transactions. Individual agents pay around $150-$400/month, landlords with 3-10 properties pay $300-$800/month, and larger portfolios or property managers can cost between $1,000-$3,000+/month. Catch-up or cleanup work is priced separately as a fixed project fee.
Get a Free Quotation Today
Looking for expert accounting solutions that save time, reduce errors, and keep your finances on track? Let us handle the numbers while you focus on growing your business.
Fill out the form below, and our specialists will provide a tailored quote for your needs. Quick, clear, and no hidden surprises—just the professional support your business deserves.
info@predawnaccounting.com
