Get the Most Out of Your Real Estate Business

Accounting Firm Serving the Tri-State Area Since 1983

Real Estate Accountant in Philadelphia

Real estate is a lucrative market that can lead to great financial success with the right guidance. SD Associates, P.C., a certified public accounting firm serving the Tri-State area and beyond, is here to provide professional and experienced services to assist our clients in successfully navigating the real estate industry.

As experts in the area of taxation and auditing, our Philadelphia real estate accountant has extensive knowledge of all regulations related to the purchase, sale, and management of real estate. We are also adept at understanding the intricacies of real estate law, including zoning laws, mortgages, and title insurance. Our team is devoted to providing our clients with the most current information regarding their real estate investments in order to maximize their profitability while minimizing their tax burden.

Real Solutions For Real Estate Accounting

At SD Associates, P.C., we provide comprehensive services for real estate accounting and taxation needs. From asset management to tax planning and compliance, our team of experienced professionals have the resources and knowledge to ensure our clients’ success in their real estate investments. Our small business accountants provide a suite of services that can be tailored specifically to the needs of each individual client.

We also specialize in advising clients on strategies to reduce their tax liabilities, providing insight into available deductions, credits, and other potential savings opportunities for businesses and investors alike. With our help, clients can rest assured knowing that their investments are being managed properly and securely by a team of dedicated professionals who have their best interests in mind.

Asset Management

Real estate is a significant investment, and managing that investment effectively is essential to success. Our team has the expertise to help clients develop a comprehensive asset management plan, taking into account their current financial situation and future goals. We provide guidance on various strategies such as diversification and risk management, helping our clients maximize their returns while minimizing their exposure to losses.

Additionally, we offer financial advice on tax-efficient approaches to investing and our team of accountants can provide assistance with bookkeeping and other necessary paperwork. With decades of experience in real estate accounting, SD Associates, P.C. is your go-to source for all of your asset management needs.

1031 Exchanges

A 1031 exchange is a tax deferred exchange of real estate investments. Our Philadelphia real estate accountant team at SD Associates, P.C. has extensive experience in 1031 exchanges and can help you maximize your investments while avoiding hefty taxes. We offer guidance on the various rules and regulations associated with a 1031 exchange, assist in finding qualifying properties and making sure the exchange is properly documented. With our assistance, you can easily manage your real estate asset portfolio.

Real Estate Tax Planning and Preparation

SD Associates, P.C. provides real estate tax planning and preparation services to clients in Philadelphia and the surrounding areas. Our team of experienced professionals is well-versed in the complexities of real estate taxation and can help you maximize your deductions without running afoul of the IRS. We provide comprehensive tax planning and preparation services for all types of real estate investments, from single-family dwellings to multi-unit buildings and large commercial properties.

Our team will help you identify all applicable deductions, develop strategies for minimizing taxes, and accurately prepare all necessary returns in an efficient and timely manner. We work closely with our clients to ensure that their tax planning is tailored to their specific goals and needs. With our help, you can rest assured that your real estate tax planning is optimized for maximum returns and minimal liability.

Real Estate Accounting FAQs

What does a real estate accountant do?

A real estate accountant provides accounting and financial services to individuals, businesses and organizations related to the real estate industry. At SD Associates, P.C., we specialize in providing tax and financial services for real estate businesses. Our services include tax planning and preparation; bookkeeping; consulting on financial transactions; cash flow and budgeting strategies; asset management; and more.

 

Who needs a real estate accountant?

There are many types of businesses that should enlist the help of a real estate accountant in Philadelphia. You may require our services if you:

• Manage or own real estate properties
• Manage an investment trust
• Manage clients’ properties
• Offer other real estate services
• Own a real estate agency

If you’re not sure whether or not your business could benefit from real estate accounting services, please contact us to discuss your unique needs.

 

How does a 1031 exchange work?

A 1031 exchange is a method that permits a real estate investor to essentially ‘swap’ a property for another in order to defer capital gains tax, capital gains, and capital losses. In order to conduct a 1031 exchange, the new property must be similar to the old one in value. Our team at SD Associates, P.C. can assist you with your 1031 exchange.

 

What are the benefits of working with a professional real estate accountant?

A professional real estate accountant can help streamline your accounting processes and reduce the time you spend on organizing and managing financial information. Additionally, a real estate accountant can provide valuable advice on how to improve operations and make better-informed decisions about finances. At SD Associates, P.C., our team of experienced professionals will ensure that you are compliant with all relevant laws and regulations. We also strive to maximize your profits and help you increase the value of your real estate investments.

Contact Our Real Estate Accountant in Philadelphia Today

SD Associates, P.C. is a full-service real estate accountant in Philadelphia trusted by business owners, developers, and investors alike. Our experienced team provides comprehensive real estate accounting services to ensure that the financial aspects of your transactions are properly managed and reported to relevant parties. Contact us today at (215) 517-5600 to get started.