Property Management Accountants
Property management companies know that it isn't just their books they have to keep, it's the books of every client. Every property requires individual financial statements that sometimes dives into pretty complex accounting.
Aside from the personal need and the need of the client, property management companies are subject to a number of state rules beyond just what the IRS and Department of Revenue require. Fortunately, our tax and management consulting experts are intimately familiar with these needs.
Partner Christopher Olson, EA is an owner of Southern Bay Realty, a local real estate brokerage that provides property management services. As such, he is uniquely suited to understand your company's needs and to provide tried and true tax mitigation strategies.
Experts in Property Management
Property management tax accountants are not easy to find. Most brokerages handle their bookkeeping in-house and simply outsource their taxes, so finding a licensed accountant with substantial hands-on experience in this industry is difficult to do.
With Azalea City Tax & Accounting, Ken and Christopher offer their extensive knowledge of every tax mitigation strategy and accounting scenario imaginable specifically relevant to property management companies.
Realtors are 99% of the time considered self-employed and, from a tax standpoint, just as in need of an accountant experienced in real estate as the brokerage itself. Realtors pay high self-employment taxes, have at least one vehicle as a large fixed asset, and as self-employed individuals are subject to a number of rules and regulations from the IRS to stay compliant, such as the requirement to keep proper books.
Our experts are intimately familiar with both the best ways to keep your tax bill low and how to keep you IRS compliant.
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