Long-term Rentals / BRRR

Say goodbye to the complex and time-consuming aspects of real estate bookkeeping. At BICS, we understand the unique challenges of Real Estate. No longer do you need to sort through Quickbooks or your Property Maanagement software. We handle everything from billing to reporting to taxes.

Short-term / Vacation Rentals / Arbitrage

Utilizie the maximum potential of your Short term rentals. We help you assess profitability across portfolio. Showing you which properties are under-performing and which ones are well performing so you can make decisions accordingly.

You heard about tax benefits but aren't sure how to utilize them? We asses your situation and recommend best tax write off practices and techniques to lower your tax bill.

We record your Property's Purchase & Refinance on the books so you don't have to look at HUDs all day.
Unsure of how much you spent Rehab/Furnishing the property? We have you covered.
Unsure about your Airbb, Booking.com and stripe payouts? We organize your payouts so you can view in detail
Want to know which property's are best performing and which ones aren't? We prepare reports for each property seperately.
Unsure about your capital gains? We calculate Property sale/capital gains & 1031 Exchange reports
Unsure about Cost Segregation? We have you covered. Know if at applies to you or not and how to go about it.
Tax time? We do Annual 1099 reconciliation with Airbnb/booking etc payouts
Anual 1098 Mortgage reconciliation
1099 Prep & Filling for your contractors

Long-term Rentals / BRRR

The whole point of having long term rentals is to have consistent cashflow and get massive write offs. However, to do so you have to regularly monitor finances to make sure you're on the right track and not losing money.

We record your Property's Purchase, Refinance and previous tax returns on the books so you don't have to look at HUDs all day.
Unsure about construction draws? We handle all the draws, hard money loans on the books to accurately report your cashflow.
Want to grow/acquire more rentals? Lenders go through your financials extensively. Have your upto date reports ready to go at a moments notice!
Some properties are consistently sucking cash while others provide the best ROI's ever? Don't make decisions to buy or sell properties on gut feeling. We present acccurate numbers regarding each property's financials to help you make the right decision.
Unsure about your capital gains? We calculate Property sale/capital gains & 1031 Exchange reports.
Work in Real Estate and are Unsure about Cost Segregation? We have you covered. Know if at applies to you or not and how to go about it.
Using a property manager and unsure of how to record their statements? We have you covered as we do the books for both sides.
Have mortgage on autopay but not sure about what it covers? We bring to you a complete breakdown of property taxes, insurance, interest and any other charges paid.
1099 Prep & Filling for your contractors
Have a W-2 and worried about taxes? The

Property Management

Say goodbye to the complex and time-consuming owner statements and billing. Are you flying in the dark despite having a numbers of properties under management? We figure out company profitability and taxes for you.

Owner statements time consuming? We handle preparation of owner statements and hands off client billing
Not sure how to record numbers in your accounting software? We bing over owner statements into your accounting software and reconciling all the numbers
Are owners constantly following up with you during tax season? We prepare 1099's at year end for your property owners
How much do you profit on cleaning? On maintenance? We work out all the profit margins for you so you can understand and boost your profitability
Can't seem to be able to scrape cash from operations? We utilize profit first bookkeeping so you can prioritise your profits and manage cash more effectively

Fix N Flips

We love working with Flippers. The daily grind & hustle is what gets us excited.

Numbers are important in a Flip. Too often, flippers are so occupied with rehab, that it gets pushed to the back burner. We have you covered when it comes to numbers & taxes.

Unsure of how your flip is going so far? We help you track all your costs for each flip. From closing costs, to holding and rehab we have you covered!
You're constantly sitting on a pile of receipts from home depot, Lowe's and your contractors? No worries, we have you covered. We handle all receipts with accurate tracking.
Overwhelmed by doing multiple flips at the same time? We breakout all the costs between your flips with you being hands-off.
How much did you profit on your flips? We present your gains as soon as your flip is sold, how much you owed to your lenders, closing costs etc.
Thinking that you're going over budget on your flips? We have you covered. We track costs against budgeted cost and your cashflow to make sure you don't run dry.

Realtor / Brokerage / Wholesaling

Are you a realtor working with a brokerage or do you have your own team? Spending alot in marketing costs and subscriptions? Or you're a wholesaler doing deals every now and then? We got your books!

All in one hands off realtor bookkeeping so you can focus on closing more deals.
Track all your marketing costs, software subscription costs, overheads and all other expenses accurately.
Provide 1099's to your contractors on time. We handle all e-filling of your contractors.
How much did you bring in commisions, assignment fees/wholesaling? We track numbers for all your deals so you can structure deals in the most profitable way.
Utilize all write-offs available to you for lowering your taxes. We work closely with you to lower your tax bill.

Apartment complexes, HOA's & Mobile Park homes

Owning, acquiring and running a multi property is challenging on it's own. We realize the challenges that you face and help you overcome all obstacles.

Keep your financials upto date on your property management system. We know that monthly bank reconciliations on Buildium, Appfolio, Yardi etc are tiring. We help you reconcile all your accounts so you can stay on top of finances.
Have a syndicate or a group of investors? Alot of differences between investors often arise on financial performance of the property. We enable you to provide upto date accurate reports to your investors to maintain their confidence.
Keep your reports upto date for acquiring more units or refinance existing ones or for taxes. We understand running a large establishment is challenging and with our off-hands bookkeeping keep books upto date and ready to go at a moment's notice.
Unsure on whether you should raise the rents? Invest in large capital expenditures? We help you understand how each complex is performing and what steps you should take to improve the profitability.
Have property managers? Contractos or operational staff? We help you with Payroll, 1099 and much more so you have more time on growing your portfolio.

Contact Us Today

We’ve been handling bookkeeping for 100’s of real estate companies. Running a business without bookkeeping is like driving a car without speedometer or fuel gauge. You don’t know how fast you’re going, how soon you’ll get there and if you’ll get there at all given your current situation. Manage your finances rather than your finances managing you.

We offer a free consultation so you can see if we’re the right fit for you. Schedule yours today.

Additional Benefits

Whether you are a startup or an enterprise, we help you with all of your accounting and bookkeeping needs. We can help you to:

24/7 access to your financial data: You can view your financial data anytime, anywhere, from any device.
Secure data storage: Your financial data is stored securely on our cloud-based servers.
Expert support: Our team of experienced bookkeepers is available to answer your questions and provide support whenever you need it.

We believe that every business deserves access to accurate and reliable bookkeeping services. That’s why we offer a variety of affordable plans to meet the needs of businesses of all sizes.

Long-term Rentals / BRRR

Long-term Rentals / BRRR

Short-term / Vacation Rentals / Arbitrage

Long-term Rentals / BRRR

Property Management

Fix N Flips

Realtor / Brokerage / Wholesaling

Apartment complexes, HOA's & Mobile Park homes

Contact Us Today

Additional Benefits

Contact us today to learn more about our bookkeeping services and get a free quote.

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