CPA SERVICES FOR REAL ESTATE INVESTORS
Financial Clarity for Every Property in Your Portfolio.
Property-level bookkeeping, rental tax preparation and planning, basis and depreciation support, entity reporting, and transaction-focused CPA services for investors who need reliable records before acquisitions, refinancing, renovations, sales, or filing deadlines.
Property Focus
CPA Review
Nationwide
Know What Each Property Is Producing.
Track income, operating costs, debt, improvements, basis, and depreciation before tax or transaction decisions are made.
Rental Income
Property Expenses
Depreciation
Entity Structure
Property Sales
Portfolio Reporting
BUILT FOR PROPERTY INVESTORS
A Growing Portfolio Creates More Than Additional Rental Income.
Each property carries separate income, expenses, debt, improvements, depreciation, ownership activity, and tax consequences. When records are combined, closing documents are missing, or repairs and improvements are classified inconsistently, investors may misread cash flow, lose support for deductions, and face costly reconstruction before a return, refinance, or sale.
Property-level records are also essential when evaluating acquisitions, renovations, cost-segregation opportunities, refinancing, and dispositions. Organized basis, depreciation, debt, and improvement records allow investors to assess each transaction before deadlines or missing documentation limit their options.
01
Property-Level Bookkeeping
Track rental income, operating expenses, security deposits, assets, liabilities, debt, and owner activity by property.
02
Repairs Versus Improvements
Distinguish deductible repairs from capital improvements that must be added to basis and depreciated over time.
03
Basis and Depreciation Records
Maintain closing, acquisition, improvement, depreciation, and prior-year details needed for annual reporting and future sales.
04
Portfolio Performance Reporting
Compare cash flow, debt service, capital spending, operating costs, and returns across properties and entities.
HOW WE HELP
CPA Services Built Around Property-Level Records and Tax
Hyman Financial Solutions connects property bookkeeping, rental tax reporting, basis and depreciation records, entity activity, and transaction planning into one organized process. We can coordinate with attorneys, lenders, and specialists when appropriate. You gain supportable records, clearer portfolio reporting, and more time to plan before refinancing, renovations, or sales.
01
Bookkeeping & Accounting
Maintain property-level records for rental income, operating expenses, mortgage activity, improvements, owner contributions, and cash flow across the portfolio.
02
Tax Preparation & Planning
Prepare rental and investor tax filings while planning for depreciation, estimated payments, property sales, capital improvements, and other real estate tax decisions.
03
Business Advisory
Review property cash flow, debt service, operating costs, renovation assumptions, and portfolio performance before acquisitions, refinancing, or disposition decisions.
04
Entity Setup & Compliance
Evaluate tax and accounting considerations for LLCs and other ownership structures, complete registrations, and organize ongoing filing responsibilities.
05
Payroll Services
Set up and manage payroll for property employees or related operating businesses, including payroll tax filings, year-end forms, and accounting reconciliation.
06
Tax Resolution
Resolve IRS or state issues involving rental income, property sales, depreciation, unfiled returns, balances, penalties, or account discrepancies.
Property Activity Is Commingled
Combining properties or personal activity makes cash flow, deductions, liabilities, and reporting harder to support.
Improvements Are Misclassified
Incorrect treatment can overstate current deductions or omit assets, basis, and depreciation from future returns.
Basis Support Is Missing
Incomplete acquisition, closing, improvement, and depreciation records can increase uncertainty when a property is sold.
Why It Matters
Incomplete Property Records Can Be Costly at Filing or Sale.
Missed improvements, commingled activity, unsupported expenses, incomplete depreciation schedules, and missing closing records can affect current deductions and future gain calculations. Reconstructing those records years later is slower and more expensive. Early organization helps protect tax positions, clarify property performance, and support financing or disposition decisions.
WHAT YOU CAN EXPECT
Property-Level Records That Support Better Investment Decisions
Create a financial record for each property that supports accurate returns, clearer portfolio oversight, and better acquisition, financing, renovation, and sale decisions.
01
Clear Property Cash Flow
See rental income, operating expenses, debt service, capital spending, reserves, and cash flow by property.
02
Defensible Tax Records
Maintain organized support for expenses, improvements, depreciation, basis, debt, and ownership activity.
03
Stronger Portfolio Planning
Evaluate acquisitions, refinancing, renovations, holding periods, and property sales with more complete tax and financial data.
01
Review the Portfolio
Tell us about the portfolio, ownership structure, current records, planned transactions, and tax or reporting concerns.
02
Organize Property Records
Provide statements, prior returns, closing documents, depreciation schedules, loan records, and support through the secure portal.
03
Approve the Engagement
We confirm cleanup, ongoing reporting, tax work, transaction support, timing, responsibilities, and pricing before work begins.
HOW IT WORKS
A Clear Process From Portfolio Review to Ongoing Support
We review the properties, ownership entities, accounting records, tax filings, and upcoming transactions before confirming the engagement.
Frequently Asked Questions
Real Estate Investor Questions, Answered.
Review common questions about rental bookkeeping, basis, depreciation, repairs versus improvements, passive losses, entities, and property sales.
What records should real estate investors maintain for each property?
Maintain separate records for rental income, operating expenses, mortgage activity, closing costs, improvements, repairs, depreciation, owner contributions, and distributions. Property-level records support clearer cash-flow reporting and more accurate tax preparation.
How are repairs different from capital improvements for tax purposes?
Repairs may generally be deductible in the current period, while improvements may need to be added to the property's basis and depreciated over time. The correct treatment depends on the nature, extent, and purpose of the work performed.
Can you help organize depreciation and property basis records?
Yes. We can review available purchase documents, closing statements, prior returns, improvement costs, and depreciation schedules to organize the records used for annual reporting. Missing historical information may require additional research or reconstruction.
Can you advise on LLCs or other entities for rental properties?
We can explain the federal and state tax, bookkeeping, and reporting considerations of different ownership structures. Legal liability, title ownership, operating agreements, and asset-protection questions should be reviewed with a qualified attorney.
When should I contact a CPA before buying, refinancing, or selling a property?
Contact a CPA before the transaction is finalized whenever possible. Early planning provides more time to review basis, depreciation, financing, estimated taxes, entity considerations, and the potential tax consequences while options may still be available.