Bookkeeping for real-estate flippers, from the first earnest-money deposit to the final closing statement. See what went into a property—and what came back.
01. Acquisition records
Start the property file with the purchase closing, earnest money, funding records, and a clear project identifier.
02. Rehab spending
Connect renovation invoices, card charges, and bank activity to the property. Keep unpaid bills separate from cash already spent.
03. Sale reconciliation
Review the sale statement alongside the project records, identify late costs, and assemble a closeout file with open items clearly marked.
Define a useful engagement
Scope follows the property lifecycle. We identify the entities and active flips, the records available at acquisition, and the expected sale handoff. The engagement specifies who supplies project information and who reviews the completed schedules.