• CPA & bookkeeping support
  • QuickBooks setup and cleanup
  • Monthly reporting
  • Tax planning
  • CFO advisory
  • Virtual and local support

Serving

  • Small businesses
  • Nonprofits
  • Real estate investors
  • Restaurants
  • Contractors
  • Healthcare practices
  • Eco & green businesses

Find a verified pro

Find a Real Estate CPA

CPAs who specialize in real estate — investors, syndications, agents, brokers, and developers. Cost segregation, 1031 exchanges, REPS, and partnership returns done by people who actually know the rules.

When to hire

  • You own rental property and want depreciation done correctly
  • You're planning a 1031 exchange or just completed one
  • You qualify (or want to qualify) for Real Estate Professional Status
  • You're investing in a syndication and got your first K-1
  • You're a real estate agent or broker filing Schedule C or as an S-corp

What they do

  • Schedule E rental income and expense optimization
  • Cost segregation analysis and bonus depreciation planning
  • 1031 like-kind exchange tax structuring and reporting
  • Real Estate Professional Status (REPS) and material participation analysis
  • Partnership returns (1065) and K-1s for syndications and joint ventures

Typical fees

What it costs

Low end

$800

per year

High end

$5,000+

per year

Notes

Single rental: $300–$600 added to 1040. Multi-property + REPS: $1,500–$3,500. Syndication returns (1065): $2,500–$10,000.

Compare

Real Estate CPA vs Generalist CPA

FactorReal Estate CPAGeneralist CPA
Cost segregationStandard offeringOften refers out
1031 exchangesRoutineRare — risky to handle occasionally
REPS documentationProactive trackingReactive at year-end
Syndication K-1sHandles 10–100+ per yearLimited experience
Industry fee benchmarkingYesNo

Questions to ask

  1. How many real estate investors do you serve, and what types?
  2. Do you run or coordinate cost segregation studies?
  3. How do you document REPS qualification?
  4. Can you handle 1031 exchange reporting on Form 8824?
  5. Do you work with my QI (qualified intermediary) directly?
  6. Do you prepare 1065 partnership returns for syndications?

Red flags

  • Doesn't track basis or accumulated depreciation by property
  • Misses passive activity loss limitation rules
  • Recommends REPS without understanding the 750-hour test
  • No experience with 1031 exchange timing rules (45/180 days)
  • Treats short-term rentals the same as long-term rentals

Documents to prepare

  • Closing statements (HUD-1 / ALTA) for every property
  • Depreciation schedules from prior CPA
  • Rent rolls and operating expense summaries
  • 1031 exchange documentation if applicable
  • K-1s from any syndications or partnerships

FAQ

Find a Real Estate CPA — common questions

What is cost segregation and is it worth it?+

Cost segregation reclassifies portions of a building into shorter-life assets (5, 7, 15 years) to accelerate depreciation. For properties over ~$500K, the present-value tax savings typically far exceed the study cost of $3K–$15K.

What is Real Estate Professional Status (REPS)?+

A tax status allowing rental losses to offset W-2 and active income. Requires 750+ hours per year and more than half your working time in real estate trades or businesses, with material participation in each property.

How does a 1031 exchange work?+

Sell investment real estate, identify replacement property within 45 days, and close within 180 days through a qualified intermediary — deferring capital gains and depreciation recapture. Strict timing and identification rules apply.

Are short-term rental losses treated differently?+

Yes. Average guest stays of 7 days or less can avoid passive activity rules, allowing losses to offset other income if you materially participate — without needing REPS.

Do real estate agents need a specialist CPA?+

Agents earning $100K+ usually benefit from S-corp election analysis, expense tracking, and retirement plan setup — work most generalist CPAs don't do well for commission-based earners.

This information is general and does not constitute professional advice. Consult a licensed professional for guidance specific to your situation.

Real Estate Accountants · Verified Directory

Tax strategy built for real estate investors

CPAs and accountants for real estate investors, syndicators, developers, and agents. Cost segregation, 1031 exchanges, REPS, depreciation strategy, and partnership returns.

Cost segregation and bonus depreciation
1031 exchanges and Real Estate Professional Status
Syndication, fund, and partnership returns

Featured Professionals

Real Estate Accountants accepting new clients

Verified professionals will appear here as profiles are claimed and reviewed. Be among the first real estate cpas listed.

Real estate accounting playbook

What a real estate CPA actually does for you

Depreciation guidance

Depreciation is the largest non-cash deduction in most real estate portfolios — and the area where the right CPA pays for themselves many times over. Residential rentals depreciate straight-line over 27.5 years; commercial over 39. Cost segregation studies reclassify 20–35% of basis into 5, 7, and 15-year property, pulling huge deductions into year one and pairing well with bonus depreciation.

  • Cost segregation studies for properties over ~$500K basis
  • Bonus depreciation strategy (60% in 2024, stepping down)
  • Section 1250 recapture planning at sale and via 1031
  • Short-term rental (STR) loophole and material participation

Investor accounting

Active investors typically operate through a stack of LLCs and partnerships. The right CPA structures entities for liability, financing, and tax efficiency — then keeps the partnership returns, K-1s, and capital accounts clean year after year. For syndicators and funds, that work expands to waterfall calculations, preferred returns, and investor-level reporting.

  • Entity structure (LLC, series LLC, holding co) and operating agreements
  • Form 1065 partnership returns and K-1 issuance to investors
  • Capital account tracking under tax basis and §704(b)
  • Syndication waterfalls, preferred returns, and promote calculations
  • Real Estate Professional Status (REPS) qualification and documentation

Rental property bookkeeping

Clean rental books make the difference between a one-week tax engagement and a four-week cleanup. A real estate bookkeeper tracks income and expenses at the property level, reconciles bank and mortgage accounts monthly, handles security deposits as liabilities, and produces a Schedule E-ready package each January.

  • Per-property P&L and balance sheet in QuickBooks, Stessa, or Rentec
  • Monthly bank, mortgage, and CapEx reconciliation
  • Security deposits tracked as liabilities, not income
  • Capital improvements vs repairs — correctly classified for depreciation
  • Year-end Schedule E package for your tax preparer

1031 exchanges and dispositions

A 1031 like-kind exchange defers gain and depreciation recapture indefinitely — but only when the strict 45-day identification and 180-day close timelines are met with a qualified intermediary. A real estate CPA coordinates with the QI, calculates boot, and updates basis on the replacement property.

Vetting checklist

Questions to ask before hiring real estate cpas

  1. 1
    Are you a licensed CPA or EA, and in which states are you registered?
  2. 2
    What does engagement scope, pricing, and turnaround actually look like?
  3. 3
    Who on your team will do the work, and how do we communicate month to month?
  4. 4
    How do you handle deadlines, IRS or state notices, and audit support?
  5. 5
    Can you share two references from clients similar to my business?

Short on time? Get matched in 24 hours.

Tell us what you need. Up to 3 verified CPAs reply within 1 business day. No fees, no pressure.

Compare your options

Hiring a verified real estate cpas vs. going it alone

FactorVerified Real Estate CPAsDIY / generalist
Specialized expertiseTrained in real estate accountantsGeneral-purpose advice
Time investment1–2 hours to onboard10+ hours per filing cycle
Audit defenseRepresents you to the IRSYou handle correspondence
Year-round planning
Typical costQuoted up-front$0 software + your hours
Risk of missed deductionsLow — proactive reviewHigh — software only flags what you enter

Get matched

Get 3 quotes from verified real estate cpas

Tell us about your situation and we'll match you with up to 3 vetted real estate accountants accepting new clients.

Free · No obligation · Vetted CPAs only

By city

Find Real Estate CPAs by city

Houston, TX

Houston CPAs serve energy, healthcare, and the city's vast small-business community.

Dallas, TX

Dallas accounting firms anchor finance, real estate, and corporate headquarters across DFW.

Los Angeles, CA

LA's accountants specialize in entertainment, real estate, and creative-industry tax planning.

San Francisco, CA

San Francisco CPAs serve startups, venture-backed companies, and complex equity-comp clients.

New York City, NY

NYC's accountants cover Wall Street, media, real estate, hospitality, and the small businesses of all five boroughs.

Miami, FL

Miami's CPAs specialize in international tax, real estate, hospitality, and Latin American business.

Chicago, IL

Chicago accountants serve professional services, manufacturing, logistics, and the Midwest's largest corporate base.

Atlanta, GA

Atlanta's CPAs support film, fintech, logistics, and one of the country's most dynamic small-business scenes.

Boston, MA

Boston-area accountants serve life sciences, higher education, financial services, and innovation-economy startups.

Seattle, WA

Seattle CPAs serve tech, aerospace, and the Pacific Northwest's deep entrepreneurial bench.

Washington DC, DC

Washington DC accountants serve federal contractors, nonprofits, associations, and the law firms that anchor the capital's economy.

Baltimore, MD

Baltimore CPAs serve healthcare systems, port and logistics operators, biotech, and the city's deep nonprofit and higher-ed community.

Richmond, VA

Richmond CPAs serve Fortune 500 headquarters, banking and insurance, tobacco-to-tech manufacturers, and Virginia's state-capital legal and government economy.

Birmingham, AL

Birmingham CPAs serve banking, healthcare, steel, and the Magic City's small-business economy.

Anchorage, AK

Anchorage CPAs serve oil and gas, fisheries, federal contracting, and the state's tourism economy.

Phoenix, AZ

Phoenix CPAs serve semiconductors, real estate, healthcare, and one of the country's fastest-growing small-business markets.

Little Rock, AR

Little Rock CPAs serve healthcare, logistics, agriculture, and the state's government and legal economy.

Denver, CO

Denver CPAs serve tech, aerospace, cannabis, and the Front Range's outdoor and energy economies.

Hartford, CT

Hartford CPAs serve insurance, reinsurance, manufacturing, and the broader Connecticut River Valley economy.

Wilmington, DE

Wilmington CPAs serve banking, corporate trust, pharma, and the Fortune 500 entity-formation economy.

Honolulu, HI

Honolulu CPAs serve tourism, military contracting, real estate, and the islands' small-business community.

Boise, ID

Boise CPAs serve tech, agriculture, manufacturing, and a fast-growing relocation-driven small-business economy.

Indianapolis, IN

Indianapolis CPAs serve manufacturing, life sciences, logistics, and motorsports.

Des Moines, IA

Des Moines CPAs serve insurance, agribusiness, biofuels, and the state's growing tech economy.

Wichita, KS

Wichita CPAs serve aviation, aerospace, energy, and agriculture.

Louisville, KY

Louisville CPAs serve bourbon, equine, automotive manufacturing, healthcare, and logistics (UPS Worldport).

New Orleans, LA

New Orleans CPAs serve maritime, tourism, oil and gas, and the city's film and hospitality economies.

Portland, ME

Portland CPAs serve tourism, fisheries, forestry, and the state's growing remote-work and craft economies.

Detroit, MI

Detroit CPAs serve automotive, mobility, healthcare, and the broader Southeast Michigan manufacturing base.

Minneapolis, MN

Minneapolis CPAs serve Fortune 500 headquarters, medical devices, agribusiness, and finance.

Jackson, MS

Jackson CPAs serve manufacturing, agriculture, healthcare, and the state's government and legal economy.

St. Louis, MO

St. Louis CPAs serve agribusiness, defense, biosciences, financial services, and logistics.

Billings, MT

Billings CPAs serve agriculture, energy, healthcare, and Montana's tourism economy.

Omaha, NE

Omaha CPAs serve insurance, financial services, agribusiness, and the Berkshire Hathaway ecosystem.

Las Vegas, NV

Las Vegas CPAs serve gaming, hospitality, entertainment, real estate, and a fast-growing logistics base.

Manchester, NH

Manchester CPAs serve advanced manufacturing, biotech, healthcare, and a thriving small-business community.

Newark, NJ

Newark CPAs serve pharma, financial services, logistics, ports, and the NYC-metro small-business economy.

Albuquerque, NM

Albuquerque CPAs serve federal labs and defense, oil and gas, film, and tourism.

Fargo, ND

Fargo CPAs serve agriculture, energy, manufacturing, and the Red River Valley's tech and healthcare economy.

Oklahoma City, OK

Oklahoma City CPAs serve oil and gas, aerospace, agriculture, and the state's growing healthcare and bioscience industries.

Portland, OR

Portland CPAs serve tech, athletic apparel, forestry, and the Pacific Northwest's craft beverage and outdoor industries.

Providence, RI

Providence CPAs serve financial services, healthcare, defense manufacturing, and tourism.

Charleston, SC

Charleston CPAs serve ports, aerospace, automotive, hospitality, and a growing tech economy.

Sioux Falls, SD

Sioux Falls CPAs serve financial services, credit card processing, trust administration, and healthcare.

Nashville, TN

Nashville CPAs serve healthcare, music and entertainment, hospitality, and the state's franchise and excise tax compliance.

Salt Lake City, UT

Salt Lake City CPAs serve the Silicon Slopes tech corridor, outdoor recreation, mining, and financial services.

Burlington, VT

Burlington CPAs serve craft food and beverage, tourism, healthcare, and outdoor brands.

Charleston, WV

Charleston CPAs serve coal and natural gas, chemicals, healthcare, and state government.

Milwaukee, WI

Milwaukee CPAs serve manufacturing, insurance, healthcare, and the Lake Michigan industrial corridor.

Cheyenne, WY

Cheyenne CPAs serve energy, ranching, trust administration, and a growing data-center and tech economy.

Charlotte, NC

Charlotte CPAs serve the second-largest U.S. banking center, plus energy, healthcare, motorsports, and one of the fastest-growing relocation markets in the country.

Common questions

About real estate accountants

Is cost segregation worth it?+

For most properties over ~$500K basis, yes. A study typically accelerates 20–35% of basis into shorter-life classes, generating large first-year deductions.

What's REPS (Real Estate Professional Status)?+

An IRS designation that lets qualifying investors deduct rental losses against active income. Strict hour and material participation tests apply.

This information is general and does not constitute professional advice. Consult a licensed professional for guidance specific to your situation.

Take the next step

Ready to hire real estate cpas?

Free matching

Get 3 free CPA quotes

Tell us what you need. Up to 3 verified CPAs reply within 1 business day. No fees, no pressure.

Request 3 quotes

Side-by-side

Compare CPAs

Stack verified pros next to each other on pricing, specialties, and experience before you reach out.

Compare CPAs

Free PDF

2026 CPA Pricing Guide

Real fee benchmarks for tax prep, bookkeeping, payroll, and advisory — by service and business type.

Download free guide

Go deeper

Specialty real estate services

Real Estate CPA Directory

National directory of real estate investor CPAs and tax advisors.

CPA for Real Estate Investors

Investor-focused CPAs for syndicators, BRRRR operators, and high-W-2 landlords.

Tax Planning for Real Estate Investors

Quarterly planning across cost seg, REPS, 1031, and entity structure.

Rental Property Accounting Services

Per-door accounting in AppFolio, Buildium, Stessa, and QuickBooks.

Bookkeeping for Real Estate Investors

Property-level books reconciled monthly and tax-ready by year-end.

CPA for Landlords

Schedule E, passive losses, 1099-NEC, and per-door tax prep for landlords.

CPA for House Flippers

Dealer vs. investor classification, S-corp structure, and SE tax planning for flippers.

Real Estate Tax Advisor

Planning-first CPAs for investors, syndicators, and landlords.

Rental Property CPA

Schedule E, passive losses, and per-door bookkeeping for landlords.

1031 Exchange CPA

Like-kind exchange modeling, QI coordination, and Form 8824 reporting.

Cost Segregation CPA

Engineering-based studies and Form 3115 catch-up for prior years.

Short-Term Rental CPA

Airbnb & VRBO tax planning — the STR loophole, done correctly.

Schedule E Tax Preparer

Form-specific landlord tax preparation, per-property.

Real Estate Bookkeeping

Per-door books in QuickBooks, AppFolio, Buildium, or Stessa.

Commercial Real Estate Accounting

NNN leases, CAM reconciliations, and 39-year depreciation at scale.

Real Estate CPA Houston

Houston-area real estate CPAs for investors and landlords.

Texas Real Estate Accounting Firms

Texas firms serving investors, developers, and syndicators.