By Miller & Company CPAs: Tax Accountants

11/16/2020 Real estate investors, as well as owners of rental properties or commercial properties, have complex tax liabilities, since as a rule, investors never live in their investments — one of the primary qualifications for eliminating the capital gains tax when they sell their properties.
If you’re involved in real estate in this way, you may hire a property management firm to run the day-to-day operations at the properties. You should also consider another specialist: a rental and commercial property accounting team.
Whether you have one property to manage or many, you may not have time to effectively manage all the special accounting requirements of your industry. Investment and rental properties may include:

• Commercial buildings
• Industrial spaces
• Office buildings
• Mixed use developments
• Shopping centers and other retail properties
• Apartment buildings

Don’t wait until tax season to hire an accountant for rental property and commercial property. Best practices for property management accounting includes daily, weekly, monthly, quarterly and yearly duties.
The accounting professionals at Miller & Company, LLP — with offices in New York City, Washington DC and Sarasota, FL — guide you to implement all the practices over the course of the year to make your financial reporting and tax filing easier and more lucrative. Start today.
More info: https://www.cpafirmnyc.com/rental-and-commercial-property-accounting
Miller & Company CPAs: Tax Accountants
Sarasota, Florida
2831 Ringling Boulevard, #204B
Sarasota, FL 34237
(941) 366-5646
https://www.cpafirmnyc.com/accounting-firm-sarasota-fl
Working Hours: Monday - Friday: 9:00 am - 7:00 pm; Saturday: 9:00 am - 4:00 pm, Sunday: Closed
Payment: cash, check, credit cards.