Real Estate
Reliable Accounting and Bookkeeping services for Real Estate by 360 Accounting Pro Inc.
As a real estate professional, you know how important sound financial management is to your company's success. 360 Accounting Pro Inc. is a company that specializes in offering dependable and all-inclusive accounting and bookkeeping solutions specifically designed to meet the needs of real estate professionals. We are dedicated to assisting you in achieving financial success with our real estate industry expertise and in-depth understanding of tax laws.
Rental Property Accounting : We assist with managing the accounting and bookkeeping for your rental properties, including rent tracking, expense categorization, and financial statement preparation. For proper tax reporting and compliance, we ensure accurate recording of all income and expenses associated with your rental properties.
Property Acquisition and Disposition : We provide expert guidance on the accounting treatment of property acquisitions and dispositions, including capitalization of costs, depreciation, and capital gains tax calculations. We help you maximize tax benefits and minimize tax liabilities associated with real estate transactions.
Trust Accounting : We handle trust accounting for real estate professionals, including recording and tracking trust income, expenses, and distributions. We ensure compliance with trust accounting regulations and provide accurate reporting for tax purposes.
Tax Planning and Preparation : We provide proactive tax planning strategies to minimize tax liabilities and ensure compliance with real estate industry-specific tax regulations. We handle all aspects of tax preparation, including filing federal and state tax returns for real estate professionals.
1031 Exchanges : We provide expert guidance on 1031 exchanges, a tax-deferred exchange strategy for real estate professionals looking to defer capital gains taxes on the sale of investment properties. We ensure compliance with 1031 exchange regulations and help you maximize tax savings.
Property Management Accounting : We assist with managing the accounting and bookkeeping for your property management business, including tracking rental income, property expenses, and vendor payments. We provide accurate financial reporting to help you monitor the financial performance of your property management operations.
Financial Analysis and Metrics : We analyze key financial performance indicators (KPIs), such as return on investment (ROI), gross rent multiplier (GRM), and net operating income (NOI), to provide insights into your real estate investments and identify areas for improvement.
Our real estate industry expertise allows us to provide valuable financial insights and strategies to help your business thrive in a competitive market.
Contact us today to learn more about our specialized accounting and bookkeeping services for real estate professionals and how we can help your business achieve financial success.