Real Estate Bookkeeping Services: What’s Included and Why It Matters
Whether you’re a broker, property manager, or real estate investor, your financials are more complex than the average small business. You’re tracking multiple properties, handling security deposits, managing commissions, and keeping up with tax season. That’s why basic bookkeeping just won’t cut it.
This guide breaks down what’s actually included in real estate bookkeeping services and how RemoteBooksOnline helps keep your books organized – so you can focus on closing deals and growing your portfolio.
What’s Included in Real Estate Bookkeeping?
Here’s what real estate professionals typically need:
- Rental income and commission tracking
- Repair and maintenance expense categorization
- Security deposit tracking as liabilities
- Reconciliation of bank and credit card accounts
- P&L and balance sheet reporting per property
- Owner statement prep for property managers
- Audit-ready documentation for taxes and investors
We tailor our monthly bookkeeping services to make sure all of these elements are handled correctly – whether you manage two units or twenty.
Who Needs This Type of Bookkeeping?
You should consider real estate-specific bookkeeping if you are:
- A real estate investor juggling rental income and flips
- A broker or agent dealing with commission-based income
- A property manager overseeing third-party portfolios
- A landlord managing single or multi-unit properties
- A real estate syndicator reporting to partners
Our bookkeeping for real estate investors plan supports both small and large portfolios – and can grow with you.
Real Use Case: Property Manager in Florida
James runs a property management firm in Tampa. He struggled with:
- Tracking tenant payments
- Separating security deposits from revenue
- Reimbursing owners for repairs
- Sending monthly reports
After signing up for RemoteBooksOnline, James now gets:
- Clean P&L reports per property
- Deposit tracking separated from income
- CPA-reviewed reports
- Automated monthly reports
He cut tax prep time from 3 weeks to 2 hours and expanded from 8 to 14 properties with no added overhead.
Real Estate Bookkeeping Benefits
- Time savings: Let your bookkeeper handle the spreadsheets
- Accuracy: Keep properties cleanly separated
- Compliance: Easier tax reporting and audit preparation
- Transparency: Owner statements made easy
- Clarity: Know which properties are actually profitable
If you’re switching from spreadsheets or a DIY system, our catch-up bookkeeping services will get you current fast – and then keep things clean with flat-rate monthly support.
Real Estate + QuickBooks? We’ve Got You
Already using QuickBooks?
Our QuickBooks bookkeeping team works with landlords, brokers, and investors across the country – and we integrate with most property management tools too.
Pricing for Real Estate Bookkeeping
What you’ll pay depends on:
- Number of properties or units
- Number of monthly transactions
- Level of reporting required
Most clients start with our affordable bookkeeping plan at $150/month, then scale up as needed. We keep pricing transparent, so there are no surprises.
FAQs
Can I get monthly and catch-up services in one package?
Yes. We’ll catch you up and then transition to monthly reports with the same team.
Can you track financials by property?
Absolutely. Every unit or address can have its own P&L, balance sheet, and custom tags.
Do you support investors with multiple LLCs or entities?
Yes. We work with investors and syndicators nationwide. Start here: bookkeeping for real estate investors
Final Thought
Real estate is all about leverage – and your time should be spent acquiring deals, not sorting receipts. Whether you’re managing duplexes in Ohio or flipping homes in Arizona, we’ll help you keep every dollar accounted for.
If you’re ready to simplify your books and scale smarter, request a custom quote today.
