Setting up a Chart of Accounts for a Commercial Real Estate Company
A good chart of accounts is the foundation for good record keeping. This is true for all industries, including commercial real estate.
A good chart of accounts is the foundation for good record keeping. This is true for all industries, including commercial real estate.
We sat down with Jeff Engstrom, a Senior Advisory Associate with Hall CPA, which is also known as the Real Estate CPA, to learn about the necessity of accurate record-keeping, so your investors keep coming back.
There’s a hefty amount of paperwork involved in commercial property management. As challenging as it can seem sometimes, it’s important to be thorough.
We had the opportunity to sit down with Trevor McCandless from Fusion CPA, where we talked about accounting, tax planning, and closing out the year. The session was targeted at real estate owners.
While real estate deals are often quite complex and have many different factors, the actual accounting isn’t nearly as complicated as it seems. We break it down here. There are two key questions to ask yourself first in order to do the accounting properly for your real estate business. Define the Purpose of Your Real […]