Accounting for real estate professionals in California.

From property managers to investors, we provide tailored financial strategies. Whether you're managing properties in San Francisco, investing in Los Angeles, or developing in San Diego, ClearBooks CPA offers specialized accounting solutions to support your real estate endeavors.

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Real estate moves fast. Your accounting should keep up.

We understand the complexities of the real estate industry, from rental income to 1031 exchanges. Our services are designed to address the specific challenges faced by real estate professionals, ensuring accurate financial tracking and compliance.

Track income from rentals, sales, and property management

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Manage expenses and cash flow effectively

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Stay ahead of tax obligations and compliance

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Organize financial records for investment readiness

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Scaling your real estate business requires scalable financial systems.

We assist real estate professionals in transitioning from basic bookkeeping to comprehensive financial planning. This includes guidance on entity structuring, tax planning, and financial forecasting to support your growth objectives.

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Entity setup and structuring advice
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Tax planning and optimization
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Financial modeling and forecasting
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Integration with financial tools and platforms
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Real estate tax rules are complex. We make them clear.

From state filings to depreciation, we’ll help you stay ahead.

Real estate professionals often face multifaceted tax scenarios, from multi-state operations to international transactions. We provide clarity and compliance strategies tailored to your specific circumstances.

Multi-state tax compliance

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International tax considerations

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Sales tax registration and compliance

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Frequently Asked Questions

  • Do I need a CPA who specializes in real estate?

    Yes. Real estate transactions involve unique tax laws and accounting practices. A CPA with real estate expertise can help you navigate these complexities and optimize your financial strategies.

  • How can I benefit from a 1031 exchange?

    A 1031 exchange allows you to defer capital gains taxes by reinvesting proceeds from a property sale into a similar property. Proper planning and execution are essential to maximize benefits.

  • What are common tax deductions for real estate professionals?

    Common deductions include mortgage interest, property taxes, depreciation, maintenance costs, and travel expenses related to property management. Accurate record-keeping is crucial.

  • How does cost segregation impact my tax liability?

    Cost segregation accelerates depreciation deductions by identifying and reclassifying property components. This strategy can significantly reduce your current tax liability.

  • Can you assist with entity structuring for my real estate business?

    Yes. We provide guidance on selecting the optimal business structure (LLC, S-Corp, Partnership) to align with your investment goals and tax planning strategies.