House flipping and real estate development involves transaction-driven activity, multiple entities, and tax issues that go well beyond standard rental or commission income. We take a structured, real estate–focused approach designed to keep projects compliant, organized, and tax-efficient.

Here’s what this looks like in practice:

- Tax planning for acquisition, renovation, and sale of properties
- Guidance on income characterization and project-level tax treatment
- Accounting for multiple projects, properties, and entities
- Partnership and joint venture tax considerations
- Planning for cash flow, tax exposure, and exits

Transaction-based real estate activity creates timing and classification issues that require careful tax planning and accurate reporting.

Services in this area include:

- Tax return preparation for flipping and development entities
- Transaction-focused tax planning
- Guidance on gain recognition and timing
- Multi-entity and multi-project tax compliance

Accurate project-level accounting is critical for understanding profitability and managing cash flow across multiple deals.

Services in this area include:

- Bookkeeping tailored to flipping and development activity
- Project-level income and expense tracking
- Reconciliation of acquisition, renovation, and holding costs
- Financial reporting to support tax planning and decision-making

Flipping and development often involve multiple owners, entities, and financing arrangements that require careful structuring.

Services in this area include:

- LLC and partnership structuring for real estate projects
- Guidance for joint ventures and multi-owner deals
- Advisory support as deal structures and operations become more complex