Real Estate Accounting
Real estate is one of the most rewarding — and complex — industries when it comes to accounting. At BlancPeak, our CPA team specializes in real estate accounting for investors, developers, brokers, and property managers. From tax-efficient structures to cash flow reporting, we provide clarity that protects your investments and maximizes returns.
Why Real Estate Accounting Matter
Property transactions involve unique accounting challenges: depreciation schedules, 1031 exchanges, rental income reporting, and multi-entity structures. Without proper CPA guidance, investors risk overpaying taxes, missing deductions, or misreporting gains.
Our real estate CPAs provide industry-specific insights that go beyond generic accounting. Whether you own a single rental property or manage a large portfolio, we help you navigate tax rules, optimize deductions, and create reporting that keeps lenders and investors confident.
What’s Included
Tax preparation and planning for real estate investors
Rental property income and expense reporting
Depreciation and cost segregation analysis
1031 exchange advisory and compliance support
Partnership and multi-entity tax filings
CPA-prepared financials for lenders and investors
We Help With
Confusion around depreciation and cost segregation
Complex reporting for rental income and expenses
Structuring for 1031 exchanges and capital gains deferral
Multi-entity compliance for partnerships or LLCs
Navigating real estate professional status for tax purposes
Explore More Business Accounting Services
Real estate accounting is one piece of a larger financial picture. Explore other services in our Business Accounting category:
- Bookkeeping Services — accurate, up-to-date books with CPA oversight
- Payroll Services — compliant payroll processing with tax and employee reporting
- Financial Statements Services — professional balance sheets, income, and cash flow statements
- QuickBooks & Xero Setup — software setup and optimization for seamless accounting
- Nonprofit Accounting — tailored compliance and donor reporting for nonprofits
- Ecommerce Accounting — solutions for online businesses with tax integration
- Medical Practice Accounting — specialized support for healthcare practices
FAQs: Real Estate Accounting
A CPA helps you avoid overpaying taxes and build a strategy that supports your financial goals. Here’s what you need to know about tax filing, planning, and audit representation —whether you’re in New York or anywhere in the US.
Why do real estate investors need a specialized CPA?
Real estate has unique tax rules that can significantly impact profitability. A specialized CPA understands depreciation, cost segregation, 1031 exchanges, and entity structuring, ensuring you don’t miss opportunities to save money or remain compliant.
What is cost segregation, and how does it help investors?
Cost segregation is a tax strategy that breaks down property components (like fixtures or improvements) into shorter depreciation schedules. This accelerates deductions, improving cash flow and reducing current tax liability. It’s particularly valuable for investors with large or newly acquired properties.
Can you help with 1031 exchanges?
Yes. A 1031 exchange allows you to defer capital gains taxes when reinvesting proceeds into another property. However, strict IRS rules govern the process. We provide guidance on structuring the exchange, working with qualified intermediaries, and ensuring compliance at every step.
Do I qualify as a “real estate professional” for tax purposes?
If you spend more than 750 hours annually and more than half your working time in real estate activities, you may qualify for real estate professional status. This designation can unlock significant tax benefits, such as deducting passive losses against other income. We help evaluate and document your status.
What type of entities should I use for my real estate business?
The right entity — whether LLC, partnership, or corporation — depends on your goals, liability concerns, and tax strategy. We review your situation and recommend structures that balance asset protection with tax efficiency.
