Accounting for Real Estate & Property Management
Real estate and property management businesses require specialized accounting knowledge including rental income tracking, capital gains, and deduction optimization. Accountants Online provides expert accounting services for real estate agents, property managers, and rental property owners across Canada. We optimize your tax position while ensuring CRA compliance.
Real estate agents, property managers, rental property investors, and real estate businesses in Canada
Common Challenges
Rental Income Tracking
Managing multiple properties and accurate income/expense allocation
Capital Gains Tax
Understanding principal residence exemption and capital gains calculations
Deduction Optimization
Claiming all eligible mortgage interest, repairs, and operating expenses
GST/HST on Real Estate
Navigating complex GST/HST rules for real estate transactions
Our Solutions
Property Bookkeeping
Detailed tracking of rental income and expenses for each property
Capital Gains Reporting
Accurate calculation and reporting of capital gains on property sales
GST/HST Compliance
Proper GST/HST treatment on rental income, sales, and purchases
Real Estate Tax Planning
Strategies to optimize tax position through proper income splitting and deductions