Three years of bank statements? That's where I start.
Real estate investors and flippers are notorious for messy books — commingled accounts, untracked rental income, missing receipts, side deals, and properties bought through entities that nobody documented. When everything's in a shoebox and the CPA is asking for reports, that's exactly the kind of mess we rebuild from scratch. Books that hold up to the IRS, a lender, or a buyer's diligence team.
Sound familiar?
- You've got years of bank statements and no actual bookkeeping software set up.
- You don't know your real profit on the last flip — commissions, repairs, holding costs, and closing all blur together.
- You have a tenant in one of your flips who's been paying for months (or years) without it being tracked.
- You're commingling personal and business expenses across multiple properties and entities.
- Your CPA gets frustrated with what you hand them each year — and you're worried what they're missing.
- You're scaling your portfolio and have no idea what your portfolio is actually netting.
- You've been thinking about a refi, sale, or new partner — and the books aren't ready for any of it.
You don't have a bookkeeping problem. You have a reconstruction problem.
Most real estate bookkeepers are software operators. They can keep your books clean if you set them up clean. What they can't do is go back through three years of bank statements, sort what was a flip versus a rental versus a personal expense, find the rental income you forgot to track, and build the foundation from the raw data.
That's not a software job. That's an accounting job. The kind that takes someone who knows how to read a bank statement, identify the patterns, and reconstruct the books from the ground up — with workpapers that document every assumption and every reclassification.
Once the foundation is right, the software question gets easy. Until the foundation is right, no software in the world is going to save you.
"Three years of bank statements, no prior software, an untracked tenant in one of the flips for two years — that's the kind of project I love. That's where reconstruction work actually matters."
— Lauren Albright, Ledger & Grain Co.Services for real estate clients.
- Per-property transaction tracking
- Rental income & expense reconciliation
- Monthly portfolio P&L
- Entity & account separation
- Multi-year reconstruction from bank statements
- Untracked rental income identification
- Personal vs. business separation
- Per-property cost basis & profit reconstruction
- Portfolio-level reporting
- Refi or sale prep documentation
- Partner / investor reporting
- CPA coordination at year-end
What we know that most bookkeepers don't.
Real estate books are messy by design. Multiple entities, mixed-use properties, side deals, and the constant tension between flips and rentals — most bookkeepers can't keep up, and the ones who can usually charge enterprise rates.
- Reconstruction from raw bank statements. When there's no prior software and no clean records, we rebuild from scratch. Three years, five years, however far back the IRS or a buyer might look.
- Untracked rental income identification. If you've got a tenant paying you that you haven't been tracking, the IRS considers that unreported income. We find it, document it, and build the basis to file correctly going forward.
- Personal vs. business separation. Most real estate investors commingle. We separate transactions cleanly with documentation that holds up if anyone asks.
- Per-property profit tracking. Knowing your portfolio made money is not the same as knowing which property made money. We build the structure so you can see both.
- Flip vs. rental classification. A property held under a year is treated very differently than one held over a year — and the books need to reflect intent and reality. We get the classification right.
- Multi-entity bookkeeping. If you've got an LLC for the flips and another for the rentals and a third for the holding company, the books need to talk to each other without commingling. We build the structure.
Why real estate investors choose us.
Reconstruction Specialty
We rebuild books from bank statements when there's no prior software. Multi-year reconstructions with workpapers that hold up to IRS or buyer diligence.
Real Estate Fluent
Flips, rentals, multi-entity structures, partner deals, refi prep — we understand how real estate actually moves and what the books need to reflect.
Per-Property Clarity
Portfolio reports that tell you which property actually paid, which one is bleeding, and which one is ready to refi or sell. Not just "the portfolio made money."
Ready to know what your portfolio actually netted?
The Books Diagnostic is where every engagement starts. A structured review of your portfolio, your entity structure, and what to reconstruct first. $250, credited toward your engagement if we move forward within 30 days.