Property-level books
Income and expenses tracked by property, so you know what each one actually earns.
INDUSTRIES / REAL ESTATE
Real estate accounting and tax planning.
Books, depreciation and planning for rental property owners and real estate businesses in Rhode Island and Southeastern Massachusetts.
BIBBY & CO. / RHODE ISLAND & SE MASSACHUSETTS
WE KNOW PROPERTY
The tax is decided before the closing.
Real estate decisions are tax decisions: how you hold the property, how it's depreciated, and what happens when you sell. We help owners plan ahead and keep clean books for every property.
Our team includes a licensed Realtor, which helps when we work with investors and property businesses.
Rental booksDepreciationEntity structureSale planning
HOW WE HELP
How we help owners.
Where real estate owners usually need us most.
Depreciation and improvements
Repairs versus improvements handled correctly, with depreciation schedules kept current.
Entity and ownership
LLCs, partnerships and co-owned property set up with tax and bookkeeping in mind.
Buying and selling
Tax estimates on a sale, recapture, and 1031 exchange planning before you commit.
COMMON QUESTIONS
Answers before we get started.
Every situation is different. These are the questions owners ask us most.
Do you work with landlords who own a few rental properties?
Yes. We work with individual landlords, small portfolios and real estate businesses in Rhode Island and Southeastern Massachusetts.
Can you help before I buy or sell a property?
That's the best time. We can estimate the tax on a sale, review depreciation recapture and talk through options like a 1031 exchange before you sign.
Should each property be in its own LLC?
Sometimes. It depends on liability, financing and how much administration you want. We'll go through the tax and bookkeeping side with you and your attorney.
NEXT STEP
Thinking about buying or selling?
Tell us where things stand and what you want fixed. We'll start with a short fit conversation, then a review of your books before anyone quotes a price.