Real Estate Accounting ACCT 3550
Real estate encompasses a lot, but bookkeeping probably isn’t the first thing that comes to mind. No, it may not be the most glamorous part of the job, but it’s one of the most important. I absolutely believe this course has equipped me to provide quality bookkeeping services to Builders, Developers, General Contractors, and Real Estate Investors.
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Use this real estate accounting guide as your go-to reference for discerning the proper accounting treatment for a real estate transaction. Become an expert and trusted advisor in the rapidly changing industry of Real Estate. real estate bookkeeping Becker’s new Real Estate Library is the perfect solution to get you up-to-speed quickly on the complexities in tax and accounting – while earning 18.5 CPE credits.
Entry requirements
Learn financial statement modeling, DCF, M&A, LBO, Comps and Excel shortcuts. I have friends and coworkers who have used WSP before and each of them enjoyed the courses and said they were extremely helpful. I personally really enjoy the course as it allows me to learn on my own schedule. The training materials are very helpful both for practice and referencing back to if needed. Another reason I enjoy the course and would highly recommend to friends and colleagues is that it is helpful and easy to understand, whether you’ve never opened a worksheet or want to brush up on your knowledge.
Bookkeepers looking for marketing, sales, or firm growth strategies (see the Playbook Course instead)
Managing the finances of your real estate investment business can feel overwhelming. From understanding debits and credits to navigating depreciation, property purchases, and 1031 exchanges—there are countless details that can make or break your profitability. Choosing the right accounting method depends on the size and complexity of your business.
- A chart of accounts is an organized list of all the financial categories a business uses to track income, expenses, assets, and liabilities.
- Enrollment in select courses includes lifetime access to our monthly webinars that focus on industry-specific and advanced topics.
- The videos were high quality and you did an excellent job of explaining everything.
- Customized smart checklists, automated auditing, and intelligent analytics help identify issues early—so compliance never slows you down.
- Communicate directly with instructors by asking questions throughout each course.
- Without a system to categorize and track these accurately, you risk missing payments or misreporting expenses.
- In her spare time, she likes to spend time with her family and enjoys the outdoors.
She teaches graduate level federal taxation classes and serves as a tax consultant. Becker is here to help you answer your questions surrounding this accounting specialization and share the knowledge you need to succeed as a real estate accountant. Excited about bookkeeping for real estate investors—but not sure how to begin? This comprehensive training is designed to simplify real estate accounting and help investors take full control of their books using QuickBooks Online (QBO) and proven frameworks.
- QuickBooks Online allows you to customize, add, or edit accounts easily.
- As your real estate business grows, so does the complexity of your finances.
- Services like QuickBooks Live Bookkeeping pair you with professionals who understand real estate accounting, so you can focus on closing deals instead of correcting errors.
- Real estate tax requirements can differ significantly depending on jurisdiction and property classification.
- AI, climate change and geopolitical shifts are reconfiguring the global economy.
- Upgrading to a paid membership gives you access to our extensive collection of plug-and-play Templates designed to power your performance—as well as CFI’s full course catalog and accredited Certification Programs.
Discover the impact you can have in other complex, rapidly changing industries. Each Library includes everything you need to master the skills your clients or business need most. The design of this online certificate course is guided by LSE faculty, as well as industry experts, who will share their experience and in-depth knowledge with you throughout the course. Get instant access to video lessons taught by experienced investment bankers.
I’ve also learned a lot from students of the first course through the REAB community and our live Q&A sessions. REAB 4.0 includes everything from the original courses + way more bonus content. Accelerate your career in the investment management industry with this highly interactive course. My excel skills are stronger than ever, and I loved learning all the hotkeys.
- Ready to simplify your bookkeeping and be proactive when it comes to managing your finances, meeting tax deadlines, and making data-driven business decisions?
- Stop the Cycle of Rejection — Last week alone, 17 candidates secured jobs offering over $100,000—thanks to our expert resume review service.
- Mary’s 26-year career has been focused in taxation from practice to education.
- Bank examiners are looking for thorough analysis to support commercial real estate loan decisions.
- In this 2-credit real estate taxation course, you’ll examine basis calculations, development cost capitalization, and operating expense optimization.
- This course has wide, international application, and will be valuable to professionals from a range of backgrounds, who wish to explore and better understand the real estate market – as an investor, developer, or real estate practitioner.
Keeping personal and business finances separate
It has always been essential for real estate professionals to maintain accurate, well-organized bookkeeping, but the new FinCEN reporting rule, taking effect December 1, 2025, adds a new layer of compliance. The rule requires certain real estate professionals involved in closings to report all-cash residential property transfers made to legal entities or trusts. This shift is designed to increase transparency and help deter money laundering in the real estate sector. For agents, brokers, investors, and property managers, that means keeping clean, detailed financial records isn’t just smart—it’s now vital. As your real estate business grows, so does the complexity of your finances.
Expert-Led, Self-Paced Training for Busy Professionals
Most real estate professionals benefit from cash basis accounting, which records income when received and expenses when paid. It’s straightforward and works well for small operations with simpler transactions. Investors and property owners expect transparent, accurate reporting on their assets. Detailed financial statements, cash flow analyses, and expense reports are crucial for maintaining trust and supporting strategic decisions. Effective bookkeeping simplifies report generation, allowing professionals to provide insights that go beyond basic numbers.
