Margo’s Bookkeeping, a full service bookkeeping and accounting firm, provides real estate investors throughout the New York City area with exceptional financial services. Whether you’re just starting out or have a few years in the industry, hiring a real estate bookkeeper is a smart choice. In order to maximize profits and accurately record data, we recommend letting us handle your bookkeeping needs. We are fully knowledgable and stay up to date on all of the rules for classifying and reporting expenses.
Hiring us for your bookkeeping and accounting needs can be considered a smart investment. Allowing Margo’s Bookkeeping to handle your real estate books can help grow your business and ensure your financial responsibilities stay up to date in the future.
Why Real Estate Investors/Agents Need Accountants
- All your financial documents will be safe and secure
- You don’t have to worry about forgetting to collect the rent
- All expenses will be tracked and reports available any time
- All statements reported to government are accurate and comply with laws
- Each properties documents will be organized and separated correctly
- Proper recordings of expenses
If you’re juggling multiple listings or renting out several properties, a real estate bookkeeper will help you manage the properties and stay organized. Our staff of professionals will make sure you receive all the deductions you’re entitled to, as well as provide insight on how you can better maximize profits.
Most importantly, when using a real estate accountant or bookkeeper, you can worry less about balancing the books and more on your real estate investments. At Margo’s Bookkeeping it’s our job to handle the finances so you can better grow your business. We help you make better financial decisions today always that will also benefit your future.
Real Estate Investment Tips
- All real estate properties require separate documentation
- If you own more than one business you must also record separate documents.
- All receipts and paperwork should be filed
- Self employed agents recieve tax deductions
Listed above are just a few of many important rules you must take into account when managing a real estate investors financial books. If your just starting in the industry, check out our recent post on 6 quick tips for new real estate investors. If you need help with business accounting or payroll services, contact us today and we’ll get you started on a safe and secure financial future.