Specialized Accounting Solutions for Real Estate Professionals
Comprehensive accounting, tax, and advisory services customized for real estate agents, brokers, investors, and property managers
Bookkeeping & Financial Reporting
Accurate financial tracking tailored for real estate transactions and commission structures
Tax Planning & Preparation
Strategic tax solutions to maximize deductions for real estate professionals
Payroll & Commission Processing
Streamlined commission tracking and payroll management for real estate teams
Financial Advisory
Expert guidance to optimize your real estate business finances and growth strategy
Compliance & Audit Support
Trust account reconciliation, audit-ready financials, and regulatory compliance support
About PM Realty Accounting
Specialized financial expertise for real estate professionals
At PM Realty Accounting, we understand the unique financial challenges faced by real estate professionals. Our specialized accounting services are designed to address the specific needs of agents, brokers, investors, and property managers.
- Deep expertise in real estate tax regulations and deductions
- Specialized knowledge of commission structures and tracking
- Experience with trust account management and compliance
Our team combines accounting expertise with real estate industry knowledge to deliver services that go beyond basic bookkeeping. We help you navigate complex financial landscapes, optimize your tax position, and build a stronger financial foundation for your real estate business. Whether you're an independent agent or managing a large brokerage, our solutions scale to meet your needs.
Learn More About Us
Why Choose Specialized Accounting for Your Real Estate Business?
Real estate professionals face unique financial challenges that require specialized accounting expertise.
- Maximize industry-specific tax deductions and credits
- Navigate complex commission structures and independent contractor relationships
- Ensure compliance with trust account regulations and real estate commission requirements
Our specialized knowledge helps you avoid common pitfalls while optimizing your financial operations. We don't just track numbers – we provide insights that help you make better business decisions and focus on what you do best: growing your real estate business.
Our Services
Comprehensive accounting, tax, and advisory solutions customized for real estate professionals
Bookkeeping & Financial Reporting
Monthly & quarterly bookkeeping, bank reconciliation, and customized financial statements tailored for real estate professionals.
Tax Planning & Preparation
Maximize deductions with real estate-specific tax strategies, quarterly estimated taxes, and comprehensive tax return preparation.
Payroll & Commission Processing
Track agent commissions, manage splits, ensure accurate tax reporting, and handle payroll for real estate teams.
Compliance & Audit Support
Trust/escrow account reconciliation, audit-ready financials, and compliance with real estate commission regulations.
Financial Advisory
CFO-level guidance, technology integration, investment analysis, and strategic financial planning for your real estate business.
Ready to Optimize Your Real Estate Finances?
Schedule a consultation with our team. We'll help you identify opportunities to improve your financial operations, reduce tax liability, and build a stronger foundation for your business.
Schedule Your ConsultationFrequently Asked Questions
Common questions about accounting for real estate professionals
What tax deductions are available specifically for real estate agents?
Real estate agents can deduct a wide range of business expenses including marketing costs, MLS fees, license renewals, continuing education, vehicle expenses, home office deductions, technology costs, insurance, and more. Our specialized knowledge helps ensure you're maximizing all available deductions while maintaining proper documentation.
How should I handle commission income for tax purposes?
Commission income must be properly tracked and reported, whether you're an independent contractor or have your own brokerage. We help you set up systems to track gross commissions, splits, referral fees, and related expenses. We also ensure proper tax treatment including estimated quarterly tax payments to avoid underpayment penalties.
What's the difference between bookkeeping for real estate agents versus other businesses?
Real estate professionals have unique income structures (commissions vs. regular salary), specialized deductions, and often complex business relationships (independent contractors, team structures, etc.). Additionally, brokerages must maintain strict compliance with trust account regulations. Our bookkeeping services are tailored to these specific needs with industry-appropriate account structures and reporting.
What financial software do you recommend for real estate professionals?
We typically recommend QuickBooks Online for most real estate professionals, as it offers flexibility for tracking commissions and expenses. For property managers, we may recommend industry-specific solutions like AppFolio or Buildium that integrate property management with accounting functions. Our team can help set up and optimize any of these platforms for your specific business model.
How can I separate my personal and business finances as a real estate agent?
We strongly recommend maintaining separate bank accounts and credit cards for business and personal use. This separation creates a clear audit trail, simplifies bookkeeping, and strengthens your tax position. We can help you establish the right business structure (sole proprietorship, LLC, S-Corp) and implement systems to properly track business income and expenses.
Contact Us
Reach out to schedule a consultation or learn more about our specialized accounting services
Email Us
info@pmrealtyaccounting.com