Real EState Accounting
Real Estate Accounting that Keeps Your Investment Healthy
If you own the building your practice operates in, your property deserves the same level of accounting care as your business.
As a veterinary practice owner, your personal financial life is closely tied to your business. The practice, your real estate, and your household all connect into one financial ecosystem. The tax strategy that supports it must reflect that reality. Our role is to help you make decisions that optimize your entire financial picture, not just one part of it.
Who It's For
Not every clinic owns its building, but for those that do, real estate is often one of the largest assets.
Our Real Estate Accounting packages are designed for veterinary practice owners who want clean, reliable property financials that integrate seamlessly with their operating entity.
Why It Matters
Owning your practice real estate can be an advantage or a challenge, depending on how well it is managed.
We help you track property income, expenses, and debt with the same precision we bring to your clinic's accounting. Real Estate Accounting You gain clarity, tax efficiency, and a financial structure that supports long-term planning.
Problems We Solve with Practice Accounting
Running a veterinary practice is demanding enough, and your accounting should not add to the stress.
Our Practice Accounting packages take ownership of your financial systems so you can trust your numbers, understand your performance, and make better decisions without the bookkeeping burden.
Solution:
We maintain a separate and accurate set of books for your real estate entity. Every rent payment, loan payment, and expense is recorded correctly.
Basic
Solution:
We categorize income and expenses using a real estate chart of accounts. You gain a clear picture of net operating income and cash flow
Plus
Solution:
We prepare timely, lender-ready reports including income statements, balance sheets, and cash flow statements on a recurring schedule.
Basic → Plus
Solution:
We reconcile bank, credit, and loan accounts consistently so you always know where your property funds stand.
Basic → Plus
Solution:
With Complete, you receive monthly reporting, depreciation tracking, and insight meetings that support capital improvements, refinancing, and long-term planning.
Complete
Solution:
We record fixed asset additions and disposals and maintain accurate depreciation schedules. This protects your tax deductions and financial accuracy.
Basic → Complete
Solution:
Our Plus and Complete plans include reports like expenses as a percentage of income and key account summaries that help you spot trends and make better ownership decisions.
Plus → Complete
Solution:
We manage both sides of your financial picture, your practice and your property, so your financial reporting works together and supports your overall goals.
All Packages
Why Veterinary Owners Trust Us
We coordinate
your operating and property entities so your records stay aligned.
We manage
depreciation, loan schedules, and tax-ready records with precision.
We build
systems that scale as your portfolio grows.
We deliver
the same responsiveness and structure as your Practice Accounting team.
Explore Packages
Your building is more than real estate. It is part of your practice's long-term financial health. With Real Estate Accounting from PracticeDen, you gain clarity, structure, and confidence in one of your most valuable assets.
Vitals
Wellness
Advance Care
- TitlesBasicPlusCompleteIdeal ForOwners focused on compliance and accurate bookkeepingOwners seeking insight and improved reportingOwners wanting strategy, personal guidance, and optimizationFrequencyBi-AnnualQuarterlyMonthlyFocusAccurate, lender-ready recordsClarity, analysis, and improvementComprehensive reporting and insight
- Titles
Basic
Plus
Complete
Real Estate Accounting Foundational Package Cost Per Month$150 to $250$300 to $450$750 to $1,100Out of Scope RatesFullFullDiscountedCurrent Number of Packages Available1505010 - Titles
Basic
Plus
Complete
Recurring Information Request ListAvailable Information Will Be Gathered by the PracticeDen TeamCut off Date for Information30 Days Prior to Close10 Days Prior to Close3 Days Prior to CloseQuickBooks OnlineRequiredRequiredRequired - Titles
Basic
Plus
Complete
Basis of Accounting Using Real Estate Chart of AccountsCashCashCashIncome Categories155Operating Expense Categories102020Other Expense Categories51010Depreciation and Amortization CalculationsBi-AnnualQuarterlyMonthlyCapitalization Policy Threshold>$2,500Client DiscretionClient Discretion - Titles
Basic
Plus
Complete
Strategy MeetingsBi-AnnualQuarterlyMonthlyProactive Communication of Tax StrategiesBi-AnnualQuarterlyMonthly - Titles
Basic
Plus
Complete
Income StatementBalance SheetStatement of Cash FlowsExpenses as a Percentage of IncomeKey Account ReportMetric VisualizationsSpecial Annual ReportCustomized Reports2 - Titles
Basic
Plus
Complete
FrequencyBi-AnnualQuarterlyMonthlyFinancial Package Delivery Date from Close60 days30 days20 daysDelivery MethodPortalPortalPortalFinancial Insights VideoFinancial Insights Meeting3 Hours per Year - Titles
Basic
Plus
Complete
Vendor W9 Analysis1099 Filing210UnlimitedPersonal Property Tax Returns - Titles
Basic
Plus
Complete
Portal CommunicationsEmail AccessShared inboxShared inboxDedicated team memberPhonePhone treeDedicated team memberTextGroupDedicated team memberResponse Time< 72 hours< 36 hours< 12 hoursOffshore Team Support Opt-InRequiredRequiredOptionalPersonal Property Tax ReturnsMon-Thu, 9am-3pm PST/Noon-6pm ESTMon-Thu, 7am-6pm PST/10am-9pm ESTExtended hours for urgent needs
Why they choose us
Testimonials
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FAQs
Definitely. We maintain your fixed asset list and depreciation schedule, and we coordinate between accounting and tax so the numbers stay clean and consistent. It’s nerdy work, but we love it.
We handle the practice and real estate as two distinct businesses. You pick the service tier for each, and we keep the accounting clean, compliant, and tailored to how each entity operates.
You’ll always get the basics: an income statement and balance sheet, no matter which accounting tier you choose. For more detailed reporting and performance insights, take a peek at the Plus or Complete packages.
Absolutely. We handle both your practice and real estate LLC accounting through separate packages that work together seamlessly. You choose the service level for each, and we make sure your books stay clean and in sync.
You bet. Separate property-entity financials come standard in all tiers. If you’d like rolled-up summaries that blend practice and property results, those are available in our higher-tier packages.
We help you keep rent and shared expenses cleanly separated between entities by following IRS guidance. Your real estate should operate as its own entity with separate bank accounts, contracts, financial statements, tax filings, and accounting platform. We often recommend QBO Ledger to track the holding company’s rent revenue and expenses so everything stays accurate and organized.
Definitely. If you’re considering refinancing or pulling equity, we can model the options and guide you through the decision. Just add the service to your current package whenever you’re ready.
You’ve got options. Our real estate add-ons range from hands-on bookkeeping help to higher-level controller and CFO services. They can support anything from routine bill pay to big-picture expansion decisions.
We recommend keeping capitalization clean and compliant by using a $2,500 threshold for improvements. If you’re in one of our upper-tier real estate packages, we can adjust that number as long as it fits IRS rules. Depreciation is then calculated and posted regularly based on your accounting cadence.
We recommend a separate QuickBooks Online account for the real estate side to keep everything tidy. QuickBooks ProAdvisor’s, like us, can help you get a ledger account, the most basic account, for nominal monthly fee.
Still have a question?
Can’t find the answer to your question? Send us an email and we’ll get back to you as soon as possible.
