Bookkeeping for real estate flips

Follow acquisition, renovation, funding and sale activity in a consistent property record, with supporting documents behind the totals.

A flip generates records in different places: closing documents, bank accounts, credit cards, supplier invoices and lender statements. DaxCents helps connect that activity to the right property and keep it understandable throughout the project.

What project bookkeeping covers

  • Trace purchase closing amounts to the earnest-money payment, funding records and account activity.
  • Assign supported transactions to a consistent property identifier.
  • Maintain renovation cost and funding schedules within the agreed scope.
  • Review sale proceeds and assemble a project closeout package.

Keep cash movement and project costs clear

A loan deposit, a card payment and a supplier invoice describe different events. The records should explain their connection without counting the same activity twice. Unpaid bills, missing receipts and unexplained differences stay visible for follow-up.

Our project-cost comparison example shows why a rehab report may differ from spending in a bank account.

What to bring to the first conversation

Start with a list of active and recently sold properties, the entities that own them, your accounting software and the accounts used for purchases and improvements. Document access is arranged after the work is agreed.

A scope built around your properties

The engagement sets out the properties and periods covered, who supplies project information, the schedules to prepare and the review process. Tax treatment, return preparation, legal interpretation, audit and attest services are outside this offering.

Discuss bookkeeping for your flips →

Your next move deserves clearer books.

Bring us the bookkeeping questions behind your next project. We’ll talk through the work and what getting started would look like.

Book a call
DaxCents

Discovery call

Let’s make sense
of your books.

Choose a time to discuss your properties, your records and the support you need.

45 minutes · Video call

  • Your business and current bookkeeping
  • Monthly support, cleanup or project work
  • The scope and next steps

No documents needed to get started.

Appointments use our shared Daxable calendar. Your inquiry is for DaxCents.

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