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Industries · Real Estate

Accounting for Real Estate Investors & Property Management in Minneapolis and the Twin Cities

Real estate investing and property management come with financial challenges that generic accountants don't understand.

property p&l · sample
PROPERTYBUDGETACTUALNOI
Property A$96K$92K41%
​
Property B$54K$57K36%
​
Property C$128K$101K44%
​
Property D$72K$68K9%
​
TRUST ACCOUNT
✓ Reconciled
DEPRECIATION
Scheduled
LENDER PACK
Ready ✓
Why specialists

How CBO helps real estate businesses stay profitable

We don't do generic accounting for real estate. We do accounting built for real estate investors and property managers.

We work with real estate investors and property managers throughout Minneapolis and the Twin Cities.

FAQ

Real estate accounting FAQs

Pricing depends on the number of properties, transaction volume, and services you need (bookkeeping only, tax planning, lender reporting, etc.). Use our pricing calculator to get an instant estimate in 2 minutes. Typical real estate investors pay between $800-$3,000 per month depending on portfolio size.

Yes. We work with short-term rental owners and help with occupancy tax tracking, personal use vs rental use allocation, and QBI deduction optimization.

Yes. We set up proper trust accounting for security deposits and tenant funds, compliant with Minnesota real estate regulations. We'll reconcile trust accounts monthly and keep them separate from operating cash.

We coordinate cost segregation studies with specialized engineers. The study itself is done by a third-party engineer, but we'll manage the process and incorporate the depreciation into your tax returns.

Yes. We'll coordinate with your qualified intermediary to make sure the exchange is done correctly. We'll track your basis across multiple properties so you know your tax exposure when you eventually sell.

We file Schedule E (rental income), Form 1065 (partnerships), 1120-S (S-Corps), and 1120 (C-Corps) as applicable. We also handle personal returns for individual investors.

We work with individual investors, LLCs, partnerships, and S-Corps. If you have a syndication or fund structure, let us know and we'll discuss whether it's a good fit.

Yes. We prepare lender-ready financial statements including debt service coverage ratio, rent rolls, occupancy reports, and property-level P&L. We understand what banks want to see.

No problem. We help real estate investors catch up all the time. Let us know how far behind you are, and we'll create a plan to get you current. Catch-up work is billed separately from your monthly fee.

Yes. While we're based in Minneapolis and serve the Twin Cities area, we work with real estate investors across the United States via secure portal and video calls.

Ready to work with accountants who understand real estate?

Get a customized quote for real estate accounting in 2 minutes. No phone call required: answer 11 quick questions about your properties and business.

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