Industries
Bookkeeping for Real Estate in Murrieta, CA
Agents, brokers and small property managers around Murrieta have uneven income and plenty of expenses. We keep commissions, splits and costs organized so you know your real profit.
Get your free bookkeeping quote
What we handle
Bookkeeping that follows how real estate income arrives
- Commission income recorded by transaction, with brokerage splits and fees separated
- Marketing, MLS, lead and vehicle expenses sorted into the right categories
- Agent or office payroll records for small brokerages
- Property management income and expenses kept by property
Bookkeeping services for real estate professionals
Monthly Bookkeeping
Ongoing categorizing, reconciling and reporting so your books are never months behind.
Learn more →Catch-Up & Cleanup
Get months of unorganized transactions sorted into books you can trust.
Learn more →Payroll Support
Keep payroll records, payments and state filings organized for your employees.
Learn more →Bank & Credit Card Reconciliation
Match every account to its statement so errors and duplicates surface early.
Learn more →Accounting Software Setup
A clean chart of accounts and bank feeds set up the way your business actually runs.
Learn more →Sales Tax Record Keeping
Track taxable sales cleanly so your records are ready when it is time to report.
Learn more →Your income is lumpy, so your books should smooth it out
Real estate income often arrives in large payments weeks or months after the work was done, while costs such as photography, advertising, signage, lead fees and dues are paid constantly. Without books that match the two, an agent can feel flush after a closing and short a month later. We record each closing’s gross commission, the brokerage split and any referral fee, then show what you actually kept. Murrieta-area agents who also invest in rentals can have the rental books handled separately, so personal and business activity do not blur together.
With organized monthly reports you can see which marketing spend produced closings, set money aside ahead of tax time and answer a lender’s questions without a scramble through emails and bank statements.
Trust accounts need a broker’s attention, not just a bookkeeper’s
Brokers who hold client money face specific record-keeping rules. California’s Department of Real Estate (DRE) says the broker must keep a columnar record of all trust funds received and disbursed, and perform a monthly reconciliation in months when the trust account had activity (see DRE’s common violations found in audits). Those rules are the broker’s responsibility, and the DRE’s own reconciliation guide, RE 13, is the place to start.
We can support a broker by keeping the business operating account clean and organized and by working from the trust records your office maintains. We do not certify trust-account compliance or replace a broker’s own accounting, and an audit question belongs with the broker and, if needed, an attorney.
Local costs of doing business
An office located within the city needs a current City of Murrieta business license (City of Murrieta, Business License Information). Whether an individual agent working under a brokerage needs a separate local license depends on the city and the arrangement, so confirm with the city. We record license, association and MLS fees in their own categories so renewal time is predictable.
Bookkeeping FAQs for real estate professionals
How do you record a commission that is split with my brokerage?
We record the gross commission as income and the brokerage’s share as a cost, or record only your net share, depending on how your statements and your tax preparer prefer it. We choose one method and stick with it.
I run a few rental properties. Can they be tracked separately?
Yes. Each property gets its own income and expense tracking so you can see what each one earns. This sits alongside monthly bookkeeping for the business itself.
Can you review my trust account reconciliation?
We can organize and compare the records you give us, but the reconciliation and its certification are the broker’s duty under DRE rules. We do not sign off on compliance.
Know what you really keep from each closing
Tell us about your office and we will send a free quote.