Services for Real Estate Professionals
We provide specialized real estate bookkeeping services, your professional anxiety shield against financial stress.
We ensure meticulous income tracking (such as commission, referral fees, rental income), guarantee you maximize every real estate tax deduction and eliminate the worry of cash flow volatility.
Partner with us to achieve financial clarity and focus 100% on closing deals and growing your real estate portfolio.
Service Packages for Real Estate Investors
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Starter Package - For new/solo property investors
✅ Best for: 1–2 rental properties, first-time landlords, or those just getting started.
Use of QuickBooks Online (QBO)
Income & expense categorization (per property)
Bank & credit card reconciliations (monthly)
Rent roll tracking (tenant payments & deposits)
Mortgage & loan tracking (principal vs interest)
Capital vs Current Expense Classification
Digital receipt capture & organization (e.g. Dext, QBO Receipts)
Monthly financial statements (Income Statement, Cash Flow Summary)
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Growth Package - For growing portfolios & small-scale investors
✅ Best for: 3–5 properties, short-term rentals, or mixed-use holdings.
Everything in Starter, plus:
Detailed property performance reports (NOI, cash flow, ROI per property)
GST/HST/PST tracking (for short-term rentals & commercial properties)
Security deposit accounting
Budgeting & cash flow forecasting
Quarterly strategy calls (to review performance & tax positioning)
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Portfolio Pro Package - For advanced investors & corporations
✅ Best for: 5+ properties, corporations, partnerships, or joint ventures.
Everything in Growth, plus:
Coordination with CPA for tax filings (T1, T2, T776)
Annual investor report package (professional reports for partners/lenders)
Dedicated support & priority response
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Add-On Services
First time set up fee of a new property (Applicable to ALL Packages)
Catch Up & Clean-Up Work
GST/HST Filing
QuickBooks Online Setup & Training
Service Packages for Real Estate Agents
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Starter Package - Agent Launch
✅ Best for: New or part-time agents with low transaction volume (≤50 transactions/month)
Use of QuickBooks Online (QBO)
Chart of Accounts customized for Realtors
Monthly bank & credit-card reconciliation
Income & Expense reports
GST/HST tracking
Year-end package for accountantDigital receipt capture & organization (e.g. Dext, QBO Receipts)
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Growth Package - Active Agent
✅ Best for: Full-time agents, small teams, or those with moderate activity (50–150 transactions/month)
Everything in Starter, plus:
Bi-weekly reconciliations
Detailed expense categorization (vehicle, marketing, client gifts, etc.)
Commission split & brokerage tracking
GST/HST return preparation & filing
Quarterly financial reports & tax-installment reminders -
Add-On Services
Historical catch-up or cleanup work
Bookkeeping setup/migration
1-on-1 QuickBooks
Budgeting or cashflow forecast
CRA audit support
Year-end working paper preparation
Contact Us
Interested in working together? Fill out some info and we will be in touch shortly. We can’t wait to hear from you!
Feel free to call: 647-649-3578
Or send us an email to: info@lumiledger.ca