Bookkeeping for real estate agents and teams
Commission income, team splits, marketing spend and mileage tracked every month, so quarterly taxes and year-end are simple.
Commission income
Every closing recorded with gross commission, broker split and net to you.
Team splits
Agent and team member splits calculated and documented.
Expenses that count
Marketing, MLS dues, mileage and staging coded so your CPA can deduct them.
Quarterly numbers
A clean P&L every quarter for estimated tax payments.
What we handle each month
- Bank and card reconciliations
- Commission and split tracking by transaction
- Marketing and lead-gen cost tracking
- Mileage and vehicle expense logs
- Quarterly P&L for estimated taxes
- Year-end package and 1099 support
Common questions
Individual agents or teams?
Both, from a single high-volume agent to brokerages with several teams.
Do I need QuickBooks?
QuickBooks Online or Xero. If you don't have either, we set it up.
When should I start?
Ideally at the start of a quarter, but we can catch up past months.
Get your books closed by the 10th
Email Kapil with your software, rough monthly transaction count and whether your books are current. You'll get a reply within one US business day with times for a 15-minute call and a starting quote.
kapil@closewisefinancial.comFree bookkeeping health check
Tell us a little about your books. Kapil will review your setup and reply within one US business day with what needs fixing and a fixed monthly quote. No obligation.
Prefer email? Write to kapil@closewisefinancial.com.