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.
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.
Services built for real estate
Everything you need to stay compliant, profitable, and ready for growth.
Real estate accounting FAQs
How much does real estate accounting cost?
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.
Do you work with short-term rentals (Airbnb, VRBO)?
Yes. We work with short-term rental owners and help with occupancy tax tracking, personal use vs rental use allocation, and QBI deduction optimization.
Can you handle my property management trust accounting?
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.
Do you do cost segregation studies?
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.
Can you help me with a 1031 exchange?
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.
What tax forms do you file for real estate?
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.
Do you work with real estate syndications or funds?
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.
Can you prepare financials for my bank or lender?
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.
What if I'm behind on my bookkeeping?
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.
Do you work with investors outside Minneapolis?
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.
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