REA.co Real Estate Accounting & Tax

Reporting & Accounting For Real Estate Investors

As specialists in real estate accounting, we are experts in helping real estate syndicators navigate the accounting and reporting that your LPs will require. Whether you are syndicating single family home purchases or +300 unit commercial buildings, our personalized services provide you with automated, audit-ready financials statements on a monthly basis.

Let us handle the accounting, you focus on acquisitions and fundraising.

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Clean and crisp income statements and balance sheets by property allowing for seamless financial reporting and communications with LPs.

300+Unit Deals Supported

230+Property Accountants

MonthlyLP Reporting

We work with the software & tools you already use

Why Top Real Estate Syndicators Choose REA

Reporting Your LPs Will Not Have to Chase

Reporting by property, not in aggregate

Clean and crisp income statements and balance sheets by property allowing for seamless financial reporting and communications with LPs.

A partner, not a vendor

Prompt communication, proactive advice, and audit-ready financial statements. We are your partner here to help you scale.

Specialists in investor accounting

Save time, money, and resources having an outsourced accounting team that is an expert in accounting for real estate investors & syndicators.

Bookkeeping & Accounting For Real Estate Investors from REA

Done Inside the Platform You Already Run

Trust Bookkeeping

Leverage your software's powerful bookkeeping capabilities with REA's tailored service.

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Corporate Bookkeeping

REA's skilled team, in combination with your software's comprehensive toolset, addresses the complexity of your corporate financial activities.

Bank Reconciliations

Employing your software's state-of-the-art system, REA offers bank reconciliation services that brings meticulous accuracy to your finances.

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Financial Diagnostic Cleanup

REA utilizes your software's advanced diagnostic tools to swiftly and effectively troubleshoot financial anomalies.

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Trust Compliance

REA pairs its accounting prowess with your software's detailed reporting to deliver comprehensive Trust Compliance Verification services.

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The Full Scope

  • Monthly bank reconciliation
  • LP Reporting
  • Accurate transaction categorization
  • Manage accounts payables
  • Bill pay & bill preparing
  • + 5 more below

Real Estate Syndication Services Offered

  • Monthly bank reconciliation
  • LP Reporting
  • Accurate transaction categorization
  • Manage accounts payables
  • Bill pay & bill preparing
  • Prepare Income Statements by project and Reconciliation Reports by account
  • Track and assist with 1099 at year-end
  • Assist with year-end accounting and tax planning with owner's CPA (Note: Tax services available upon request)
  • Provide on-demand CFO, controller, and tax consulting services
  • Implement property and company-level budgets

Also available on its own

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Your Books Have to Answer to the Operating Agreement

Syndication Accounting Is Partnership Accounting

A syndication's economics are not in the general ledger. They are in the operating agreement: the preferred return, the catch-up, the promote, the waterfall tiers, and how capital accounts are maintained. The accounting exists to make that document computable, deal by deal.

What makes it different

Clean deal-level economics when set up right

One project, one entity, one set of investors is a tidy structure. With the GL built around the project from day one, per-deal profitability, distributions, and investor capital accounts all fall out of the books rather than being reconstructed in a spreadsheet each quarter.

Where it goes wrong

Capital accounts that live only in someone's spreadsheet

Distributions get paid before the preferred return is properly calculated. Contributions arrive at different times and the accounting never reflects the timing. Capital accounts are maintained outside the books, so the balance sheet and the investor statements disagree. And syndication-specific tax work at year-end becomes an archaeology project because the deal was never tracked at the level the K-1s require.

How we work it

We track by project, and to the waterfall

Every transaction is assigned to the correct project, bank accounts and mortgage loans are reconciled monthly, and reporting templates are built to be sent on a schedule rather than assembled on request. That is what keeps LP statements, the balance sheet, and the year-end tax package telling the same story.

Syndicators Accounting, Platform by Platform

Pick the Software You Actually Run

The accounting problem changes with the platform underneath it. Each page below is the specific version of syndicators bookkeeping for that system.

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How Our Real Estate Syndication Services Works

Set Up to Scale, Then Report Every Month

Start With a Call
  1. 1

    We review your current set-up

    Upon receiving secure access to your accounting software (e.g. Quickbooks Online, etc.), we will do thorough review to understand the quality of your historical records and general ledger (GL) account set up. We'll create intuitive and industry accepted GL accounts, as well as complete any necessary catch-up bookkeeping (as needed).

  2. 2

    We set you up for daily success

    From an accounting perspective, it's critical that real estate syndicators track profitability by project. As your business grows, it's critical your accounting software and back-office is set up to scale with you, and this is exactly what we do. We review every transaction and assign each to the correct project/property. Furthermore, all bank accounts and mortgage loans will be reconciled on a monthly basis.

  3. 3

    We assist with monthly reporting

    To keep LPs happy and in the know, the most successful syndicators consistently send out financial reporting on a monthly basis. We will work with you to create scalable reporting templates and ensure they are sent out on a timely basis.

You Get a Team With Names, Not a Ticket Queue

Who Actually Works On Your Syndicators Books

Outsourced accounting fails when nobody owns the account. At REA you are assigned a property accounting team and a client success lead who knows your portfolio, your owners, and your quirks. They stay on your account, so you are never re-explaining your chart of accounts to someone new.

Sharifa Giraldo, CPA, VP, Client Success at REA

Sharifa Giraldo, CPA

VP, Client Success

Residential Property Management

20+ years of property accounting, a CPA since 2015, and a specialist in third-party management and platform migrations.

Will Daege, VP, Client Success at REA

Will Daege

VP, Client Success

Commercial Property Management

25+ years across retail, office, industrial, and multifamily, including Portfolio Controller for The Related Companies' New York development portfolio.

How we work together

  • A named team, not a poolThe same property accountants close your books every month.
  • Reachable the way you already workEmail, phone, video, or Slack. Urgent items get answered the same day.
  • Inside your SyndicatorsWe take accountant access to your instance, exactly as you would grant an internal hire.
  • 230+ property accountants behind themCoverage when someone is out, and a specialist to escalate to when a lease or a trust question gets strange.

Experts In All Property Types

Residential, commercial and everything in between. The asset class changes what the books have to prove, and our teams are staffed accordingly.

Check Out What Our Clients Have To Say About Us

Property Managers, Investors & Owner Operators

Client story

Came from a bookkeeper who did not know real estate

Following a series of erroneous financials from my previous bookkeeper, who lacked expertise in real estate, it's been truly remarkable to receive not only accurate financials on a consistent basis but also proactive advice without prompting. The REA team is a game-changer in real estate accounting!

SCSara CrosbyReal Estate Investor

Real-estate-only specialists

As REA exclusively specializes in Real Estate, I rest easy knowing my financials are precise every month while saving money at the same time, an invaluable benefit.

SWSteve WilkoOwner Operator

Handed over the whole accounting function

I highly recommend Real Estate Accounting (REA) services from this group. They truly are great and have helped us tremendously at a time we needed it the most. I felt very comfortable giving up all my accounting responsibilities to this team and I'm still glad I made the decision to work with this group. Nothing less than an amazing experience!

TCTracy CollinsProperty Manager

Day-to-day financial operations

REA and team have been nothing but excellent helping our firm with its day to day financial needs. Their expertise, professionalism, and timeliness have made our lives so much easier. We foresee a long relationship with REA and team.

BCBrian CookOwner Operator

Onboarding and responsiveness

Real Estate Accounting truly is a special company. They helped as if they were a part of our company, with the concern and caution as an employee would have, but even more. They quickly ascertained our needs and developed an effective team to help with our accounting needs. They were extremely responsive and always accurate. I would recommend their services to anyone who needs help with their property management accounting.

KSKelly StanawayProperty Manager

Smaller portfolio, still looked after

Adam the owner took a personal interest in my situation and was willing to work with me to see if his company was a good fit. I may be too small for them but I would highly recommend them to anyone considering a bookkeeper for their property management business.

TSTrevor SmithProperty Manager

230+

Property Accountants

30M+

Commercial Sq. Ft.

Up to 50%

Saved vs In-House

Every month

On-Time Close

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We Also Work With

Every Vertical Has Its Own Way of Breaking

Frequently Asked Questions

How does accounting for real estate investors differ in syndications?

Accounting for real estate investors in syndications involves tracking individual investments, profit shares, and distributions accurately. It also includes preparing detailed reports to ensure transparency and compliance.

How do you track investor contributions and distributions?

Investor contributions and distributions are tracked through detailed financial records that document each investor's capital contribution, share of profits, and any distributions made. This ensures transparency and accurate reporting.

How do you handle tax preparation for real estate syndications?

Tax preparation involves compiling all financial transactions, ensuring compliance with tax regulations, and preparing tax returns for the syndication and individual investors. Professional tax advisors can help navigate complex tax laws.

What benefits do professional accounting services provide for real estate syndications?

Professional accounting services offer expertise, ensure compliance, provide accurate financial records, and offer detailed reporting. This helps in the effective management of the syndication and builds trust with investors, making it a vital aspect of accounting for real estate investors.

How do you ensure compliance with financial regulations?

Compliance is ensured by staying updated with current financial regulations, maintaining accurate records, and working with experienced accountants and legal advisors to ensure all requirements are met.

What financial reports are essential for real estate syndication?

Essential financial reports include balance sheets, income statements, cash flow statements, and capital accounts for each investor. These reports provide a clear picture of the syndication's financial health.

How do you access our accounting software?

Clients create and administer individual user access for authorized REA personnel within the client's own software environment. REA does not provide, resell, or sublicense software access. Clients retain control over access permissions and remain responsible for administering access in accordance with their software agreements and internal security policies.

Syndication Accounting, Priced To Fit Your Needs

Click below to schedule a no-hassle consultation and learn how REA keeps deal-level books, capital accounts, and LP reporting all telling the same story.