What Makes Real Estate Accounting Unique?
Real estate accounting is a complex field that requires specialized knowledge. Here’s how our services address these unique needs:
- Property-specific challenges: Managing finances for properties with varying tax rates and regulations;
- Complex transactions: Handling intricate real estate transactions including acquisitions, sales, and 1031 exchanges;
- Regulatory compliance: Ensuring adherence to evolving real estate tax laws and regulations.
Trusted Chicago Real Estate CPA
At our Susan Lewis CPA firm, we pride ourselves on our deep expertise backed by 25+ years of experience in the real estate sector. Our team of seasoned professionals offers comprehensive tax planning strategies and accounting services tailored to the needs of real estate businesses in Chicago. Whether you're a property manager, real estate investor, or run a real estate company, our knowledge and experience make us your go-to CPA for all real estate accounting needs.
Our Specialized Real Estate Accounting Services
Our skilled real estate CPA firm is ready to provide you with a range of specialized real estate accounting services, including:
- Real Estate Dispositions
- Section 1031 Exchange Guidance
- Due Diligence for Real Estate Transactions
- Lease Audits
- Real Estate Investment Trust Consultation
- Bank Financing Support
- Tax Credits: Energy, Solar, Enterprise Zones, Low-Income, and Affordable Housing
- Business and Real Estate Valuations
- Internal Control Audits
- Litigation Support and Fraud Investigation
- Capital Acquisition and Disposal
Count on us for expert guidance in navigating the complexities of the real estate industry.
Our Tax Services for Real Estate Businesses
We don't just offer bookkeeping services for real estate agents. We can help you create a detailed tax strategy that makes financial management effective because we can help you take advantage of deductions that help you save money. You'll also save time since we prepare and file any tax forms for you. Rest assured that our tax services are always timely to help you avoid fines and penalties.
Tax Planning and Preparation
Bookkeeping services for real estate business professionals are a good start, but we also handle tax planning and preparation so you keep more of what you earn and make.
CPA firms specializing in real estate help manage lots of money, even if there aren't many transactions. We can make sure every dollar is where it's supposed to be and is handled properly.
Real Estate Assurance Services
Real estate assurance services provide invaluable peace of mind for property owners and investors. We offer comprehensive audits, risk assessments, and financial reviews tailored to the real estate industry. Our expert team ensures your real estate operations' accuracy, compliance, and transparency, enhancing confidence in your investments and property management.
Not all real estate accounting firms stand by their work, but we will represent you in front of the IRS if the situation arises.
Our Real Estate Accounting and Bookkeeping Services
Outsourcing your accounting to a good CPA can be a savvy move. You free yourself up to focus on growing your business instead of just operating it, and we can develop customized solutions that meet your current needs while scaling with your growth.
Our specialized bookkeeping services cater to the real estate industry's financial needs. We handle your accounts meticulously to ensure accurate records, expense tracking, rent collection, and financial reporting. As a result, you can focus on growing your real estate portfolio while we take care of the numbers.
Let us handle everything from tracking hours to being sure your real estate business is in compliance with payroll taxes and every tax law at the local, state, and federal levels.
Our financial planning services are tailored to meet the unique needs of real estate companies. Whether you're a property developer, investor, or management firm, we help you optimize financial strategies, mitigate risks, and maximize returns. From comprehensive portfolio analysis to tax-efficient planning, we're dedicated to guiding your real estate ventures toward long-term success. Secure your financial future with our expertise and insights.
Our Diverse Real Estate Clients
At Susan Lewis CPA, we've had the privilege of serving a wide range of clients in the real estate industry. Our expertise extends to individuals, businesses, and organizations involved in various facets of real estate, from property developers and investors to management firms and nonprofits.
- Property Developers
- Real Estate Investors
- Property Management Companies
- Real Estate Agents and Brokers
- Real Estate Investment Trusts (REITs)
- Construction Companies
- Commercial and Residential Landlords
- Real Estate Developers
- Property Flippers
- Nonprofit Housing Organizations
- Real Estate Attorneys
- Real Estate Appraisers
Our Real Estate Accounting Process
While we tailor our services to each real estate client's unique needs, our process remains consistent, ensuring success across the real estate landscape — whether in Chicago or nationwide:
Why Choose Our CPA Services for Real Estate?