Whether you run a real estate agency or manage properties, real estate accounting can be complex- but it doesn’t have to be that way. From working with real estate agents and brokers since our inception, we have built our real estate accounting and tax services around the unique set of compliance, financial operations, and cash flow issues that arise most often for these types of taxpayers.
As a real estate broker or agent, you are generally not considered an employee for tax purposes. If you receive commissions from sales transactions, even if you’re working full time for a real estate firm- you are considered to be self-employed. This status can be beneficial since you’re entitled to certain write-offs and deductions that can lower your overall tax liability.
• We can help you maximize your deductions – it’s not just your office furniture, yard signs, and real estate agent licensing fees.
• We can assist you in identifying the fine print on tracking mileage and separating personal and business use for items like your car and cell phone – let’s get every penny back you are entitled to.
With our insight and expertise, you can focus your time and energy on managing your day-to- day operations, customer service, and most importantly your sales and business development.