Bookkeeping for Real Estate Investors
Books by property and by entity, partner splits calculated for you, and one view of how the whole portfolio is doing.
Investors rarely hold everything in one place. Properties sit in different LLCs and partnerships, each with its own bank account, its own QuickBooks file and its own split between partners.
We keep each entity's books current, roll them up into one view and calculate what each partner is owed, so you can answer the two questions that matter: how much cash do I have, and which property or entity is earning it.
Who This Is For
Landlords and real estate investors with rental property held directly, in LLCs, or in partnerships and joint ventures with other investors.
If you run a property management company and pay owners, see property management bookkeeping instead.
Our Key Offerings
Books by Property and Entity
Every property tagged in every entity, so income and costs are never pooled by accident.
Partner and JV Distributions
Partner splits calculated from the books each month instead of by hand.
Consolidated Dashboard
One view across entities that filters by entity, property or period.
Monthly Close and Reconciliations
Bank and balance sheet reconciliations for each entity, closed on a steady schedule.
Books by Property and by Entity
One client had 60 properties across four joint venture entities, each in its own QuickBooks file. Nobody could say how much cash the group held or which entity was most profitable. We built a single dashboard over all four files that filters by entity, property or period, and cut month-end close from 8 to 10 days to 3 or 4. Read the case study.
The same dashboard showed one entity was a chronic underperformer, which led to a strategic exit, and flagged two properties with rising maintenance costs.
Repairs vs Improvements
Whether a cost is a repair or a capital improvement changes how it is treated on your return, and that decision belongs to your CPA. In the books we record repairs and improvements in separate accounts, keep the invoice with each entry, and list larger items at year-end so your CPA decides with the facts in front of them.
Partner and JV Splits
The joint venture above had four different structures: a 60/40 split, an equal three-way split, a 50/50 split and one entity under sole ownership. Distributions are now calculated from the books automatically, with zero manual errors since.
Year-End Package for Your CPA
Reconciled books for every entity.
A P&L for each property and each entity.
Partner distribution totals for the year.
The list of larger repairs and improvements for your CPA to classify.
Behind on prior years? Start with a cleanup and catch-up.
Tools We Work With
Results From Clients
Written up from real engagements, with the numbers from each.
Frequently Asked Questions
Yes. Our joint venture client had four, and we consolidated them into one dashboard without merging the files.
Yes. We calculate each partner's share from the books every month, using the split for each entity.
No. Your CPA makes that call. We keep repairs and improvements in separate accounts with the invoices attached, so the decision is quick.
Yes. We start with a cleanup and catch-up, then move to monthly bookkeeping.
They stay with you. We work in your own files and keep no local copies of your data.