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    BusAcTa Advisors, Business Accounts and Tax Advisors
    Owners, Operators & Syndicators

    Property-Level Accounting Built for Real Estate Investors

    Multi-entity bookkeeping, CAM reconciliations, 1031 exchange support, and investor reporting, built for owners, operators, and syndicators across asset classes.

    Talk to a Real Estate CPAExplore Solutions

    $500M+

    AUM Supported

    300+

    Properties Managed

    Yardi

    AppFolio · RealPage

    K-1

    Ready Year-Round

    We Know Your Portfolio

    The Financial Complexity of Real Estate

    Multi-entity structures, CAM reconciliations, and investor capital accounts create accounting demands no generic bookkeeper meets.

    Multi-Entity

    Multi-Entity & SPV Structures

    Each asset typically lives in its own LLC, and the books must reflect that without daily friction.

    Operating Expense

    CAM, Tax & Insurance Reconciliations

    Recoverable expense reconciliations and true-ups demand careful tracking against lease terms.

    Investor Reporting

    Investor Capital Accounts

    Preferred returns, waterfalls, and capital account statements require precision each distribution cycle.

    Tax Strategy

    Cost Segregation & Depreciation

    Bonus depreciation, cost seg studies, and §1031 exchanges drive significant tax outcomes.

    Development

    Construction-in-Progress Accounting

    Capitalized interest, soft costs, and draw schedules must be tracked through stabilization.

    Reporting

    Lender & Investor Reporting

    Quarterly operating statements, rent rolls, and covenant compliance reports drive deal continuity.

    Tailored Solutions for Real Estate

    Asset-Level Accounting for Owners & Syndicators

    Every service is purpose-built for the multi-entity, multi-property realities of real estate operations.

    Property & Entity-Level Bookkeeping

    Maintain separate books per LLC, per property, and per JV, with consolidation when ownership requires it.

    Per-Property GL: Maintaining a clean general ledger per property and entity in Yardi, AppFolio, RealPage, or QuickBooks.
    Intercompany Discipline: Recording management fees, intercompany loans, and JV allocations correctly each period.
    Consolidation Reporting: Producing portfolio-level rolled-up statements for ownership and asset management.

    CAM, Tax & Insurance Reconciliations

    Run annual recoverable expense reconciliations against lease terms, accurately, on time, and defensibly.

    Per-Lease Recovery: Calculating recoveries by lease, accounting for caps, base years, and exclusions.
    Annual True-Up Statements: Producing tenant-ready true-up statements with supporting workpapers.
    Estimated Recoveries: Setting and adjusting monthly recovery estimates based on prior-year actuals.

    Investor Reporting & Waterfalls

    Run preferred returns, waterfalls, and capital account statements every distribution cycle, accurately and on schedule.

    Distribution Waterfalls: Modeling preferred return, return of capital, and promote tiers per the operating agreement.
    Capital Account Statements: Producing investor-level capital accounts and quarterly distribution notices.
    K-1 Workpapers: Maintaining supporting schedules tax preparers need for timely K-1 issuance.

    Depreciation, §1031 & Cost Seg Support

    Track fixed assets with cost segregation discipline, capture bonus depreciation, and support §1031 exchanges cleanly.

    Cost Seg Schedules: Maintaining the asset-level schedules supporting cost segregation studies and bonus depreciation.
    1031 Exchange Tracking: Documenting like-kind exchanges, replacement properties, and basis carryover correctly.
    Disposition Workpapers: Preparing gain/loss schedules, depreciation recapture, and basis support on each sale.

    Construction & Development Accounting

    Maintain CIP ledgers, capitalize interest and soft costs, and support draw schedules through stabilization.

    CIP Ledger Maintenance: Tracking construction in progress by project with proper categorization of hard and soft costs.
    Capitalized Interest: Calculating and capitalizing construction-period interest under ASC 835-20.
    Lender Draw Packages: Producing draw requests with sworn statements, lien waivers, and supporting invoices.
    The BusAcTa Advantage

    Why Real Estate Operators Choose Our Team

    Real estate finance runs on multi-entity discipline, fluency in property management software, and tight investor reporting. We bring all three. The day-to-day work, from bookkeeping and partnership returns to business valuations, is handled in-house.

    Multi-Entity Native

    Plenty of LLCs across owners and syndicators, so multi-entity is just our default mode.

    300+Properties

    Investor & Lender Trust

    Workpapers and reports meet the bar institutional investors and lenders set.

    100%On-Time Reporting

    Cost-Effective Scaling

    Add or shed properties without rebuilding back-office headcount.

    60%Cost Savings

    Software-Native Team

    Yardi, AppFolio, RealPage, Buildium, and QuickBooks: all part of the daily workflow.

    AllMajor Platforms
    Your Real Estate Stack, Integrated

    We Work Inside the Tools Your Portfolio Already Runs.

    From property management software to investor portals, we plug into the platforms real estate teams already trust.

    Property Mgmt

    • Yardi
    • AppFolio
    • RealPage
    • Buildium
    • Entrata

    Accounting

    • QuickBooks Online
    • Sage Intacct
    • Yardi GL

    Investor Portals

    • Juniper Square
    • Cash Flow Portal
    • InvestNext

    Reporting

    • Excel Models
    • Power BI
    • Yardi Voyager Reports
    FAQs

    Questions About Real Estate Accounting

    What owners, operators, and syndicators ask before outsourcing portfolio back-office.

    Still have questions? Contact us
    Multi-Entity
    CAM Recovery
    Waterfalls
    Cost Seg / 1031
    Development
    Lender Reporting

    Let's Talk

    Run the Portfolio. We'll Run the Back-Office.

    Schedule a call with our real estate leads. We'll review your portfolio and show you how to industrialize the back-office without rebuilding the team.

    Free, no-obligation consultation
    Multi-entity and multi-property fluency
    CAM, waterfall, and K-1 expertise
    Yardi, AppFolio, and RealPage native
    30-day risk-free pilot available

    Real Estate Inquiry

    Reply within one business day

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