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#real-estate

Real Estate

Real estate accounting, property tracking, and investment management

How to Bookkeep a Coworking Space: Deferred Revenue, Cost Allocation, and CAM Charges
·mike

How to Bookkeep a Coworking Space: Deferred Revenue, Cost Allocation, and CAM Charges

A coworking space earns revenue across five distinct streams and must defer prepaid membership revenue, allocate CAM charges, and split costs by square footage to accurately price hot desks against private offices.

bookkeeping
accounting-basics
small-business
The FinCEN Residential Real Estate Rule Is Vacated: A Guide for LLC and Trust Buyers
·mike

The FinCEN Residential Real Estate Rule Is Vacated: A Guide for LLC and Trust Buyers

A Texas federal court vacated FinCEN's Residential Real Estate Rule on March 19, 2026, eighteen days after it took effect, ending the mandatory reporting requirement for all-cash LLC and trust property purchases while FinCEN appeals to the Fifth Circuit.

real-estate
llc
trust
HOA Reserve Fund Accounting: How Boards Fix Underfunded Reserves
·mike

HOA Reserve Fund Accounting: How Boards Fix Underfunded Reserves

Roughly 70–75% of U.S. homeowners associations hold underfunded reserves, and about a third sit below 50% funded. This guide covers what state reserve laws actually require, how to read a percent-funded number, the bookkeeping mistakes that compound the gap, and a multi-year funding plan boards can adopt without shocking homeowners.

real-estate
property-management
capital-reserves
Billboard Ground Leases: A Landowner's Guide to Rent, Escalators, and Taxes
·mike

Billboard Ground Leases: A Landowner's Guide to Rent, Escalators, and Taxes

Billboard ground leases pay landowners 15-20% of a sign's ad revenue (or flat rent) over 10-20 year terms. How rent is priced, why 2-5% escalator clauses matter, when the income belongs on Schedule E instead of Schedule C, and how lump-sum buyout offers get taxed.

leases
real-estate
tax-planning
Florida's New Protected Series LLC Law: One Master LLC or Five Separate Ones?
·mike

Florida's New Protected Series LLC Law: One Master LLC or Five Separate Ones?

Florida's Uniform Protected Series Provisions (SB 316) took effect July 1, 2026, letting one LLC split into multiple liability-shielded "protected series" — a cost and bookkeeping comparison against forming a separate standalone LLC per property.

real-estate
property-management
business-structure
Pung v. Isabella County: What the Supreme Court's 2026 Tax Foreclosure Ruling Means for Business Owners
·mike

Pung v. Isabella County: What the Supreme Court's 2026 Tax Foreclosure Ruling Means for Business Owners

The Supreme Court ruled 8-1 in Pung v. Isabella County (2026) that tax foreclosure surplus is measured by the auction sale price, not fair market value, leaving commercial property owners — only ~20% of whom escrow property taxes, versus ~80% of homeowners — especially exposed to losing equity.

real-estate
property-management
tax
Commercial Property Insurance Non-Renewal: The Climate Risk Crunch Hitting Small Business
·mike

Commercial Property Insurance Non-Renewal: The Climate Risk Crunch Hitting Small Business

Commercial property insurers are raising premiums, cutting coverage, and non-renewing policies in wildfire, flood, and hurricane-exposed areas — this guide explains why it's happening and outlines seven concrete steps small business owners can take before their next renewal notice arrives.

insurance
business-insurance
risk-management
San Francisco's Commercial Vacancy Tax: Filing Rules, Rates, and Exemptions for Storefront Owners
·mike

San Francisco's Commercial Vacancy Tax: Filing Rules, Rates, and Exemptions for Storefront Owners

San Francisco's Commercial Vacancy Tax charges $250 to $1,000 per linear foot of street frontage for ground-floor storefronts vacant more than 182 days a year in named neighborhood commercial districts. Every owner and tenant of a covered space must file an annual return even if fully occupied — and the separate $1,850 DBI vacant storefront registration is a second obligation entirely.

tax-compliance
real-estate
property-management
Self-Storage Cost Segregation and 100% Bonus Depreciation: A 2026 Owner's Guide
·mike

Self-Storage Cost Segregation and 100% Bonus Depreciation: A 2026 Owner's Guide

Cost segregation studies routinely move 16–24% of a self-storage facility's purchase price off the 39-year schedule into 5- and 15-year property. With 100% bonus depreciation permanently restored by the OBBBA for property placed in service after January 19, 2025, a $1 million acquisition can produce roughly $200,000 in first-year deductions — about $74,000 in tax savings at a 37% rate. Here's how the studies work, what they cost, and the recapture math to run before selling.

cost-segregation
bonus-depreciation
depreciation
Timeshare and Vacation Ownership Accounting: Maintenance Fees, Special Assessments, and Reserve Funding
·mike

Timeshare and Vacation Ownership Accounting: Maintenance Fees, Special Assessments, and Reserve Funding

Maintenance fees, special assessments, and reserve funds need separate ledgers — commingling them is why timeshare and vacation ownership resorts end up issuing surprise assessments averaging $1,800 or more per owner when reserves run dry.

timeshare
real-estate
property-management
Consolidated vs. Combined Financial Statements: What Owners of Multiple LLCs Actually Need
·mike

Consolidated vs. Combined Financial Statements: What Owners of Multiple LLCs Actually Need

Consolidated statements group a parent with the subsidiaries it controls under ASC 810; combined statements group entities that share a common owner with no parent-subsidiary link — the structure most multi-LLC owners actually have. Both require eliminating intercompany transactions, and neither changes how each LLC files taxes.

llc
financial-statements
financial-reporting
Disc Golf Course Bookkeeping: Deferred Revenue, Depreciation, and Pro Shop Margins
·mike

Disc Golf Course Bookkeeping: Deferred Revenue, Depreciation, and Pro Shop Margins

Disc golf courses run four businesses in one — real estate, retail, memberships, and events — and each needs separate accounting for deferred membership revenue, 15-year land improvement depreciation, and pro shop cost of goods sold.

small-business
bookkeeping
accrual-accounting
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