We provide accounting, tax, and advisory services for real estate professionals and property management companies—including investors, property managers, agents, brokers, developers, and REITs.

Our Services Include

Accounting & Bookkeeping Services

• Property-Level Accounting — Tracking income and expenses by individual property for accurate profitability analysis
• Rental Income Tracking — Recording tenant payments, late fees, security deposits, and other rental revenue
• Accounts Receivable Management — Monitoring outstanding tenant balances, tracking collections, and aging reports
• Accounts Payable Management — Managing vendor invoices, contractor payments, and property expenses
• Bank & Credit Card Reconciliation — Monthly matching of statements to records, including property management accounts
• Security Deposit Tracking — Proper recording and management of tenant security deposits in compliance with state regulations
• CAM Reconciliation — Common Area Maintenance tracking and reconciliation for commercial properties
• Owner Distribution Tracking — Calculating and recording distributions to property owners and investors
• Portfolio Reporting — Consolidated and property-specific financial reports for investors and stakeholders
• Financial Reporting — Monthly profit & loss by property, balance sheet, and cash flow statements
• Books Cleanup — Correcting errors, reconciling old accounts, bringing records current

Payroll Services

• Payroll Processing — Accurate calculation of wages for property managers, maintenance staff, leasing agents, administrative employees
• Payroll Tax Filings — Preparation and filing of quarterly and annual payroll tax returns, W-2s and 1099s
• Multi-State Payroll Compliance — Managing payroll tax obligations for companies with employees or properties in multiple states
• Contractor Payments & 1099 Reporting — Tracking payments to maintenance contractors, vendors, and service providers
• Benefits Deductions Management — Tracking and processing deductions for health insurance, retirement, and other withholdings
• Commission Tracking — Managing commission payments for leasing agents and real estate sales professionals
• Labor Cost Analysis — Monitoring staffing costs as a percentage of revenue to optimize efficiency

Business Tax Compliance & Strategy Services

• Business Tax Preparation — Returns for sole proprietors, LLCs, S-Corps, C-Corps, and partnerships in real estate
• Rental Property Tax Preparation — Schedule E preparation for residential and commercial rental income and expenses
• Partnership & Multi-Member LLC Returns — Form 1065 and K-1 preparation for real estate partnerships and syndications
• Depreciation Optimization — Maximizing depreciation deductions through proper asset classification and cost segregation
• Cost Segregation Studies — Accelerating depreciation to reduce taxable income and improve cash flow
• 1031 Exchange Planning & Compliance — Guidance on like-kind exchanges to defer capital gains on property sales
• Real Estate Professional Status — Analysis and documentation to qualify for real estate professional tax benefits
• Passive Activity Loss Strategy — Strategies to optimize use of passive losses against passive income
• Opportunity Zone Investments — Tax planning for investments in qualified opportunity zones
• Tax Planning Consultations — Year-round guidance to minimize tax liability
• Entity Structure Optimization — Recommendations on most tax-efficient structure for holding and managing properties
• Multi-State Tax Returns — Filing support for investors and companies with properties in multiple states
• Sales and Use Tax Compliance — Managing sales tax obligations on short-term rentals and taxable services
• IRS and State Notices — Assistance responding to inquiries and resolving issues

Fractional CFO Services

• Financial Strategy & Planning — Developing budgets, financial forecasts, and long-term plans for portfolio growth
• Cash Flow Management — Monitoring and optimizing cash flow across properties, accounting for seasonal fluctuations and capital expenditures
• Property Profitability Analysis — Evaluating returns by property to identify top performers and underperformers
• Acquisition Analysis — Financial modeling and due diligence support for property acquisitions
• Disposition Planning — Tax-efficient strategies for selling properties, including 1031 exchange timing
• Investor Reporting — Preparing clear, professional financial reports and packages for investors and limited partners
• Capital Planning — Forecasting capital expenditure needs and reserve fund requirements
• Debt Analysis & Refinancing Support — Evaluating loan structures and preparing documentation for refinancing
• Banking & Lender Relations — Coordinating with banks for acquisition financing, construction loans, and lines of credit
• KPI Tracking & Benchmarking — Monitoring NOI, cap rate, occupancy, and cash-on-cash return
• Growth & Expansion Planning — Financial analysis for scaling your portfolio or property management company
• Owner Distributions & Compensation Planning — Structuring distributions and owner pay for tax efficiency

Audit Readiness Services

• Audit Readiness Assessment — Review of financial records, property files, and documentation to identify gaps
• Account Reconciliations — Preparation and review of all balance sheet reconciliations, including property-level accounts
• Rent Roll Documentation — Organizing and verifying rent rolls, lease agreements, and tenant records
• Security Deposit Documentation — Ensuring proper tracking and documentation of tenant security deposits
• Property-Level Financial Documentation — Organizing income statements, expense reports, and supporting documents by property
• CAM Reconciliation Documentation — Preparing and organizing Common Area Maintenance records for commercial property audits
• Investor & Owner Reporting Packages — Preparing comprehensive financial packages for investor or owner review
• Lender Compliance Documentation — Organizing financial records and covenant calculations to meet lender requirements
• 1031 Exchange Documentation — Ensuring proper documentation and compliance for like-kind exchange audits
• PBC List Management — Preparation and tracking of all auditor or lender requests
• Prior Year Findings Remediation — Support for addressing issues from prior audits

Note: Halal CPA PLLC provides audit readiness advisory services only. We do not perform audits, assurance engagements, compilation services, or issue any opinion on your financial statements.

Real Estate Professionals We Serve

• Real Estate Investors
• Property Management Companies
• Real Estate Agents & Brokers
• Real Estate Developers
• Short-Term Rental Operators (Airbnb, VRBO)
• Commercial Property Owners
• Residential Landlords
• Multifamily Property Owners
• Real Estate Syndications & Funds
• REITs & Real Estate Holding Companies
• HOA & Community Associations