Real Estate and Construction Accounting Services

Real estate investors, developers, and property managers face a dynamic market with numerous moving parts. At The CPA Group, we provide bookkeeping services tailored to the specific needs of your real estate portfolio, ensuring that income, expenses, and asset management are meticulously tracked. We specialize in financial statement preparation to provide a clear snapshot of your financial health, giving you the data needed to secure loans, attract investors, and make strategic decisions.

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For real estate developers, our cost segregation studies are a game-changer. By accelerating depreciation on specific building components, we significantly reduce your taxable income, resulting in immediate cash flow improvements. These studies are highly effective for owners of commercial and residential rental properties, hotels, and other large-scale developments.

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Our tax planning services ensure that you take full advantage of every available deduction. From capital gains strategies to 1031 exchanges, we design a tax plan that minimizes your liability and maximizes your returns. Additionally, we offer estate and trust accounting, ensuring that your real estate holdings are structured for efficient wealth transfer and legacy planning.

For construction firms, accurate accounting is the backbone of successful projects. We provide job costing and project accounting services that track every dollar spent, from labor and materials to equipment rentals and subcontractors. Our services ensure that each project is completed on budget, with precise tracking of change orders and cost overruns.

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Our payroll services for the construction industry ensure compliance with union rules and local labor laws, while also handling the complexities of multi-state payroll taxes. We manage payroll for both union and non-union employees, ensuring timely payments and accurate deductions.

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We also specialize in budgeting and forecasting, helping construction firms plan for future projects, manage cash flow, and avoid financial shortfalls. With the CPA Group by your side, you can focus on growing your business while we ensure that your financials are in perfect order.

Operating in the NYC and Long Island real estate markets requires a deep understanding of local tax laws, regulations, and market trends. Our team brings years of experience working within these markets, providing tailored sales tax compliance and tax preparation services that keep you compliant with New York’s stringent real estate laws. Whether you are managing residential properties, commercial spaces, or large-scale construction projects, we provide the local expertise needed to navigate this complex landscape.