Experts in Real Estate Accounting

Real Estate Investors

Accounting and consulting for real estate investors and property management companies.

Financial Reporting

Detailed financial reporting helps stakeholders identify capitalization rates and operating costs across properties, regions, and asset types.

Lease Accounting

Proper recording of lease agreements, including the recognition of right-of-use assets and lease liabilities.

Expense Recognition

Allocating the cost of assets, such as improvements, loan fees, and prepaid expenses, over their useful life.

Detailed Debt Reporting

Detailed reporting of outstanding debt obligations, compliance with debt covenants, and the proper classification of both short-term and long-term liabilities.

Tax Planning Services:

The comparison of cash flow, business income, and taxable income and their effect on each partner’s individual tax liability are required to properly analyze a real estate portfolio’s profitability. Real estate portfolios of any size benefit from this detailed reporting to compare cash flow with other measures of profitability.

  • Calculate company-level and partner-level accrued tax liabilities and deferred tax assets.
  • Income tax filings and estimated tax payments for company and partners. 
  • Tax strategy for US and non-US property holders.
  • Consulting for entity formation, structure, and corporate governance.
  • Local and state tax regulatory compliance requirements.
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Property Management Accounting Services

Deposit Reconciliations

Reconciling rent deposits to bank records to ensure all received funds are deposited without issue or misattribution.

Accounts Payable

Establish consistent internal controls for the authorization of property related expenses requested by property management staff.

CAM and Property Tax Allocation

Track expenses by property and produce timely statements to tenants responsible for allocated portions of CAM and Property Tax.

JSBC Real Estate Expertise

Financial Information Systems and Reporting

  • Cash flow management and financial planning for industries with significant real estate assets.
  • Property management accounting services to include deposit reconciliations, accounts payable controls, and expense allocations.
  • Compliance with standards like ASC 842 and IFRS 16 for proper recording of lease agreements, including the recognition of right-of-use assets and lease liabilities.
 

Industry Specific Tax Services:

  • Cost Segregation Studies
  • 1031 Exchanges
  • Tax Planning and Tax Incentives
  • Joint Venture, Partnership, Land Trust and REIT Tax Accounting
  • Non-US Assets, Non-US Owners, FIRPTA and Tax Treaties
 

Consulting Services:

  • Financial Modeling and Forecasting: IRR, ROI, Capitalization Rate, DCF, etc.
  • Valuation and Market Analysis
  • Leasehold Valuation
 
Property Management:
  • Accounts Receivable outsourcing
  • Insurance planning
 
 

We’ve solved many of the most complex industry problems, let us do the same for you.

 

 

Our property management software proficiences:

Yardi

Real Estate runs on Yardi

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