Real Estate
Tauro Accounting offers specialized financial services for the diverse players in Ontario's real estate industry. From real estate agents to developers and property managers, we provide tailored accounting solutions that ensure profitability, regulatory compliance, and smooth business operations.
Types of Real Estate Businesses We Serve:
- Real Estate Agents and Brokers: Independent agents, teams, and brokerages that need support with commissions, transactions, and regulatory compliance.
- Property Managers: Managing residential, commercial, and mixed-use properties, handling rent collection, maintenance costs, and tenant issues.
- Real Estate Developers: Firms focused on land acquisition, property development, and project financing, from residential buildings to large-scale commercial developments.
- Real Estate Investment Trusts (REITs): Managing and optimizing financial performance for large-scale property investments.
- Residential and Commercial Rentals: Landlords managing single-family homes, multi-family units, and commercial rental spaces.
- Vacation and Short-Term Rentals: Owners or property managers of short-term rental properties like Airbnb or VRBO.
- Construction Contractors in Real Estate: Contractors working on new builds, renovations, or land improvements tied to real estate projects.
How We Help:
- Commission Tracking: Accurate tracking of commissions for real estate agents and brokers, including related expenses and deductions.
- Property Management Accounting: Services for tracking rent collections, maintenance costs, and tenant financials for property managers.
- Financial Reporting: Clear and detailed reports that help developers and investors make informed decisions.
- Tax Planning: Expertise in capital gains, HST filings, and deductions relevant to real estate transactions.
- Cash Flow Management: Strategies to manage rental income, mortgages, property taxes, and other expenses.
- Real Estate Investment Analysis: Support for analyzing and maximizing returns on property investments.
- Project Budgeting for Developers: Assistance in managing budgets for new developments, renovations, or large construction projects.
Whether you’re a real estate agent, property manager, developer, or investor, Tauro Accounting provides the financial expertise needed to succeed in Ontario’s competitive real estate market. Let us handle the financials while you focus on growing your business and portfolio.