Real Estate Bookkeeping

As a real estate investor, your finances don’t come from just one place and that’s exactly where bookkeeping becomes overwhelming. Between rental income, renovation expenses, property taxes, financing costs, and multiple properties or projects, it’s easy for your numbers to become disorganized or fall behind.

That’s where we come in.

At Falconsight Accounting, we specialize in bookkeeping for real estate investors who need more than just basic tracking. Whether you’re managing rental properties or working on flip projects, we help clean up messy books, organize your transactions, and get your financials fully prepared for tax season.

Whether you’re behind on your bookkeeping or simply unsure if everything is being tracked correctly, we bring clarity to your numbers. We track income and expenses by property or project, organize your financial data, and ensure everything is accurate, structured, and tax-ready—so you can avoid costly mistakes and missed deductions.

Our focus is simple: take the financial pressure off your plate so you can focus on growing your portfolio, making smarter investment decisions, and scaling your real estate business with confidence.

Real Estate Bookkeeping Services

Bookkeeping for Flip Projects

Starting at $150 per project

or $50/month per active project

Suitable if:

  • You are actively working on renovation or flip projects

  • You need clear tracking of all project costs (materials, labor, contractors)

  • You want to understand your true profit on each deal

  • You have multiple transactions across accounts and vendors

  • You want organized financials ready for your accountant

Includes:

  • Project-based bookkeeping setup

  • Transaction tracking and categorization

  • Expense tracking by project (materials, labor, etc.)

  • Bank and credit card reconciliations

  • Job cost organization per flip

  • Summary reports to track project performance

  • Direct collaboration with your accountant at year-end

  • Dedicated bookkeeper

  • Client portal access

  • Unlimited email support

Optional Add-ons:

  • Catch-up / cleanup bookkeeping

  • Detailed profit analysis per project

  • Ongoing monthly bookkeeping across multiple projects

  • Sales tax tracking and filing

  • Annual business tax filing

  • Personal tax filing

*Important Note: Pricing depends on project duration, transaction volume, and overall complexity.

Bookkeeping for Short-Term Rentals (Airbnb / STR)

Starting at $50 per property/month

Suitable if:

  • You operate Airbnb or short-term rental properties

  • You have frequent transactions (bookings, fees, cleaning, etc.)

  • You want accurate tracking of income, platform fees, and expenses

  • You need organized financials for tax reporting

  • You want visibility into your property performance

Includes:

  • Software setup & integration (QBO / Hubdoc)

  • Onboarding support

  • Monthly transaction categorization

  • Bank and credit card reconciliations

  • Income tracking from platforms (Airbnb, VRBO, etc.)

  • Expense tracking and organization

  • Financial reports per property

  • Dedicated bookkeeper

  • Client portal access

  • Unlimited email support

Optional Add-ons:

  • Catch-up / cleanup bookkeeping

  • Sales tax filing (especially for short-term rentals)

  • Monthly reporting calls

  • Cash flow and profitability insights

  • Annual business tax filing

  • Personal tax filing

Bookkeeping for Long-Term Rentals

Starting at $40 per property/month

Suitable if:

  • You own long-term rental properties with stable monthly income

  • You have low transaction volume per property

  • You want consistent, organized bookkeeping throughout the year

  • You want clean, accurate records ready for your accountant

Includes:

  • Software setup & integration (QBO / Hubdoc)

  • Onboarding support

  • Monthly transaction categorization

  • Bank and credit card reconciliations

  • Rental income tracking

  • Expense tracking and organization

  • Financial reporting

  • Dedicated bookkeeper

  • Client portal access

  • Unlimited email support

Optional Add-ons:

  • Catch-up / cleanup bookkeeping

  • Sales tax filing (especially for short-term rentals)

  • Monthly reporting calls

  • Cash flow and profitability insights

  • Annual business tax filing

  • Personal tax filing