For real estate investors, developers and brokerages
Four LLCs.
One clear picture.
Bookkeeping for real estate operators running more than one entity — separate books kept correctly, inter-entity transfers recorded on both sides, and consolidated reporting without assembling it by hand every quarter.
- Since 2023
- Real estate only
- Reply within one business day
Multi-entity consolidation
Four entity ledgers, kept separate, consolidating into one portfolio view.
Where real estate books come apart
Not dramatic failures. The ordinary ones that compound until a quarter-end takes a week.
Each entity is its own set of books
And they have to agree with each other, which nobody checks until they don't.
Inter-entity transfers recorded once
Money left one entity and never arrived in the other's records.
Consolidated reporting assembled by hand
Every quarter, from scratch, by whoever is least busy.
Commission splits in a spreadsheet
Calculated carefully and reconciled to nothing.
A property that moved between entities
Now neither set of books is right, and the trail is gone.
Year-end arriving early
The CPA asks for something nobody can produce without three weeks' notice.
Entity-per-book complexity is where doing it yourself stops working — usually somewhere around the third LLC.
Books that stay separate, reporting that comes together
This is the work we're strongest at, and the one almost nobody else is selling to real estate operators.
How it works
- Each entity keeps its own clean set of books
- Inter-entity transfers recorded on both sides
- Consolidated reporting generated, not assembled
- Multi-currency handled where entities cross borders
- Property transfers between entities documented on both ledgers
- Distribution schedules by entity and by partner
Why it matters
Consolidation is the part that breaks first. One entity is straightforward. Three is manageable if someone is careful. Four or more, and the quarterly rebuild becomes a job nobody wants and everybody rushes.
Generated reporting removes the rebuild entirely — which is also what makes the numbers trustworthy, because nothing is being retyped.
Commission splits that reconcile
Brokerage commission is where a spreadsheet and a bank account quietly stop agreeing.
What we track
- Agent splits and tier thresholds
- Brokerage share and desk fees
- Referral fees in and out
- Deductions and chargebacks
- Reconciliation against actual deposits
- 1099 preparation support for your accountant
Where we stop
We track and reconcile commissions. We don’t run your commission plan, set split structures, or act as broker of record. If your splits are disputed, we can show you what was actually paid — we can’t tell you what should have been.
Software we work in
QuickBooks Online
CertifiedFull setup, migration, ongoing management, cleanup and API-level work. Most of our delivered work sits here.
Xero
CertifiedFull bookkeeping, reconciliation and cleanup — the same depth as QuickBooks Online, for clients already on it.
Also supported
QuickBooks Enterprise
Bookkeeping for larger, more complex QuickBooks setups.
AppFolio
Bookkeeping, reconciliation and account cleanup.
Buildium
Bookkeeping and reconciliation.
Rent Manager
Bookkeeping and reconciliation for managers running it.
QuickBooks Desktop
Bookkeeping and migration to QuickBooks Online.
Zoho Books
Bookkeeping and reconciliation.
Odoo
Accounting module bookkeeping and reconciliation.
Sage Intacct
Bookkeeping for multi-entity portfolios already on it.
Wave
Bookkeeping and cleanup, and migration where it's outgrown.
NetSuite
Bookkeeping for larger, multi-entity operators.
We work in all of the above. We’re not going to claim the same depth everywhere that we have in QuickBooks Online and Xero, because you’d find out.
What a month looks like across entities
- 1
Ongoing
Coded by entity
Every transaction lands against the right entity and property as it arrives.
- 2
Mid-month
Payables and transfers
AP run, and inter-entity movements reconciled on both sides.
- 3
Month end
Close and consolidate
Each entity closed, then consolidated reporting generated across all of them.
- 4
Quarterly
Investor and lender reporting
Distribution schedules and lender-ready packages, in the format they asked for.
You’ll work with a named bookkeeper, not a ticket queue.
Records your CPA can actually work from
We don't file your taxes. That's your CPA's job, and they're better at it than a bookkeeper would be.
What we prepare
- Clean entity-level books, closed and reconciled
- Documented allocations with a visible trail
- 1099-ready vendor records
- Fixed asset and depreciation schedules for review
- Year-end packages in the format your accountant asked for
- Direct coordination with them, so you're not the middleman
Where we stop
We don’t file returns, we don’t give tax advice, and we don’t sign anything. What we do is make sure your accountant isn’t reconstructing a year in March — which is usually where the cost and the risk actually sit.
Before and after
Before
- Four entities, four spreadsheets, one quarterly rebuild.
- Inter-entity transfer recorded on one side only.
- Commission splits reconciled to nothing.
- Year-end starting with three weeks of reconstruction.
After
- Four clean ledgers and one generated consolidated report.
- Both sides recorded, reconciled and agreeing.
- Splits tied to deposits actually received.
- Books closed monthly, so year-end is a handover.
Work we can describe
We don't publish client names or outcome figures without written permission. This is what we can tell you.
8+years
Practitioner experience
Bookkeeping and accounting across the US, UK, Australia, Canada, New Zealand and Europe.
6markets
Multi-jurisdiction work
Multi-currency accounting for operators holding assets across borders.
2years
Longest ongoing engagement
Continuous accounting function in QuickBooks Online. Clients leave quickly when numbers can't be trusted.
What you’d normally expect to see here
Client names and logos
Not without written permission. Several clients handle other people’s money; being named isn’t neutral for them.
Outcome percentages
We won’t publish a figure a client hasn’t verified and agreed we can use.
Before-and-after screenshots
Real ones contain real financial data. Properly anonymised examples are in progress.
If that leaves this thinner than a competitor’s page, that’s a fair trade. You can verify everything on it — and you can ask us for references before you sign anything.
Who does the work
Muhammad Baqa
Accountant and bookkeeper
8+ years in bookkeeping and accounting across the US, UK, Australia, Canada, New Zealand and Europe. Multi currency accounting, real estate and construction industry work, cleanup and catch up, month end and year end close.
Credentials
- QuickBooks Online Certified ProAdvisor
- Xero Certified Advisor
- B.Com — Bachelor of Commerce
- MS Economics and Finance
No industry awards — none have been received, and we’d rather say so than invent one.
Who we work with
Real estate investors
Entity-per-book complexity and consolidated reporting across holdings.
Developers
Project cost tracking and capitalisation that survives a lender's review.
Brokerages
Commission reconciliation against actual deposits, not against a spreadsheet.
Real estate agencies
Agent splits at volume, with referral fees and chargebacks tracked.
Syndications
Investor distribution accounting and partner-level reporting.
Construction and build-to-rent
Job costing that reconciles to the general ledger rather than sitting beside it.
Common questions
Can you handle several entities?
That's the work we're strongest at. Each entity keeps its own clean set of books, inter-entity transfers get recorded on both sides, and consolidated reporting is generated rather than assembled by hand each quarter.
Do you file our taxes?
No. We prepare records your CPA can work from and coordinate with them at year-end. Filing is theirs — they're better at it than a bookkeeper would be.
Do you work with our existing CPA?
Regularly. We're not trying to displace anyone. We make sure your accountant isn't reconstructing a year in March.
How do you handle commission splits?
We track and reconcile them — agent splits and tiers, brokerage share, referral fees, deductions and chargebacks, reconciled against actual deposits. We don't run your commission plan or act as broker of record.
Our books are behind. Is that a problem?
It's the most common reason people call. Cleanup is scoped and quoted separately from ongoing work, because nobody knows how much there is until the books are opened.
What if we don't actually need you?
We'll tell you. If your books are current across every entity and you're happy with them, you don't have a problem we solve.
Start with a books review.
We’ll tell you what’s actually wrong, what it takes to fix, and whether you need us at all.
If your books are current and you’re happy with them, we’ll tell you that too.