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Real Estate Bookkeeping & Accounting Services

Commission splits and property-level accounting are eating your time. Twelix handles your real estate books so you can close more deals.

Everything our real estate bookkeeping covers

What we handle for you, and the deductions we capture along the way — all built into how we run your books from day one. Nothing you need to bring to a meeting.

01
Agent commission & split calculations
Every split calculated right, every agent paid on time.
02
Property-level P&L & portfolio reporting
Each property gets its own P&L, so you see which assets earn, break even, or quietly leak cash.
03
Trust & escrow account reconciliation
Client funds reconciled to the cent — audit-ready year round.
04
Security deposits handled correctly
Held in trust and recorded as liabilities until applied or returned — never misclassified as income.
05
Rental income & expense tracking
Every rent check and repair categorized per property, automatically.
06
Repairs vs. capital improvements
Kept correctly separated, so nothing that should be expensed gets depreciated by mistake.
07
Depreciation schedules for every property
Maintained and applied correctly for residential and commercial, maximizing your deduction each year.
08
Multi-entity bookkeeping
LLCs, partnerships, and holding entities kept clean and separate.
09
Property management statement reconciliation
Monthly PM statements reconciled line by line, so nothing's missed or double-counted.
10
Year-end 1099 & tax prep support
1099s filed on time and financials handed to your CPA ready to go.

Deductions we track for you

Depreciation

Residential over 27.5 years and commercial over 39 years.

Repairs & Maintenance

Plumbing, HVAC, painting, and general upkeep costs.

Property Management Fees

Management company fees and leasing commissions.

Insurance Premiums

Property, liability, and umbrella insurance for your portfolio.

Travel & Mileage

Driving to properties for inspections, maintenance, and showings.

Legal & Professional

Attorney fees, CPA fees, and eviction costs.

Twelix Accounting Demo

Clean books, handled for you
every single month.

Hand off the categorizing, reconciling, and reporting to a dedicated Twelix bookkeeper. You get CPA-ready financials on schedule — and your time back to actually run the business.

Book a Free Consultation

Why Businesses Choose Twelix

We don't just keep your books, we give you the financial clarity to run your business with confidence.

150,000+
Transactions reconciled
11,000+
Hours of bookkeeping
200+
Clients served
99%
5-star reviews
60%
Cost reduction
14+
Industries served
Hear it straight from our clients

Real Estate Bookkeeping Challenges Which We Take Care of

Commission Tracking

Split commissions between agents, brokers, and teams require precise tracking and reconciliation.

Property-Level Accounting

Each property needs its own P&L for rental income, expenses, and depreciation.

Trust Account Compliance

Escrow and trust accounts have strict regulatory requirements that must be maintained.

Multiple Entity Management

LLCs, partnerships, and holding companies add layers of accounting complexity.

Commission Tracking

Split commissions between agents, brokers, and teams require precise tracking and reconciliation.

Property-Level Accounting

Each property needs its own P&L for rental income, expenses, and depreciation.

Trust Account Compliance

Escrow and trust accounts have strict regulatory requirements that must be maintained.

Multiple Entity Management

LLCs, partnerships, and holding companies add layers of accounting complexity.

Commission Tracking

Split commissions between agents, brokers, and teams require precise tracking and reconciliation.

Property-Level Accounting

Each property needs its own P&L for rental income, expenses, and depreciation.

Trust Account Compliance

Escrow and trust accounts have strict regulatory requirements that must be maintained.

Multiple Entity Management

LLCs, partnerships, and holding companies add layers of accounting complexity.

Real Estate Bookkeeping FAQ

Yes. We track agent commission splits, brokerage fees, and net revenue for each transaction.

We track rental income, maintenance expenses, and produce property-level P&L statements.

We handle multi-entity bookkeeping with consolidated and individual entity reporting.

Yes. Trust and escrow account reconciliation is handled monthly with full compliance documentation.

We maintain depreciation schedules for all properties and coordinate with your CPA for tax purposes.

Still have a question?

Drop us a line and we'll get right back to you.

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Ready to Fix Your Real Estate Books?