We manage your rent roll tracking, construction cost accounting, CCA schedules, and GST/HST on property, so the financial side keeps pace with the deals. We’re real estate accountants who help you scale your portfolio without financial blind spots, and keep you onside with the CRA on rental income, flipping rules, and non-resident obligations.
Happy Clients
Years in industry
Strong team
We help you understand what drives your cash flow swings, how to control them, and what the future looks like -across irregular commissions, rental cycles, and long development timelines.
Get a clear view of the costs underlying each project and the revenue tied to them, recognized on the right timeline under ASPE or IFRS -including IFRS investment-property treatment where it applies.
Get deduction-optimized, compliant bookkeeping across federal and provincial rules -T776 rental statements, GST/HST on property, land transfer tax, and the property-flipping rules that now treat short-held residential property as business income.
Buildings, equipment, and improvements each have their own CCA classes, and CCA can't be used to create or increase a rental loss. We apply it correctly, track recapture on disposition, and keep your T2 or T776 defensible.
For non-resident owners, we manage Section 216 rental withholding (NR4) and Section 116 clearance certificates on sale, plus Underused Housing Tax (UHT) filings -the obligations that quietly create the biggest penalties.
Have peace of mind with your finances managed by a team that knows real estate -rent rolls, CAM reconciliations, capital accounts, partnership allocations, and deposits held in trust.
We’ve helped agents, investors, and property firms clean up accounting issues that were costing time, money, and missed opportunities -inconsistent commission tracking, unrecorded expenses, and no separation between personal and business finances.
We’ve fixed disorganized books, corrected tax misclassifications, and built clean income reports that hold up at tax season or during a mortgage application. Many clients struggle with cash flow visibility when income is irregular -so we build systems to forecast earnings, track deductions, and simplify installment planning. Whether it’s reconciling brokerage payouts, structuring a holding company, or organizing books to scale into a team, we make the financial side run as smoothly as the deals.
Common Problems We Solve:
Hiring an outsourced real estate accounting firm like Ledger Labs gives you more than clean books; it gives you control, clarity, and confidence in how your money moves. We handle the complexities that come with commissions, property income, development costs, and Canadian tax exposure, so you can focus on growing your portfolio or closing more deals.
Our systems are built around how real estate actually works -irregular income, multiple entities, deductible expenses, and long deal cycles. You get real-time reporting, cash flow visibility, and proactive tax planning without the overhead of hiring in-house.
Whether you’re a solo agent, an investor, or managing multiple properties, we build frameworks that help you scale faster, avoid costly mistakes, and stay ready for whatever comes next.
We organize your commission income across deals, brokerages, and agents, so every dollar is tracked, reported, and allocated properly. No more chasing missing payouts or second-guessing your books at tax time.
We know how Canadian real estate professionals earn, spend, and get taxed -and we capture every deduction you’re entitled to. From vehicle and marketing costs to CCA and holding-company structures, our planning reduces liability without risking CRA compliance.
Whether you’re a solo agent, building a team, or managing multiple rental entities, our systems grow with you. We set up clean reporting, cash flow forecasting, and entity separation from day one -so you’re always ready to expand, raise capital, or file clean taxes.
We dig into your books to find what’s missing, broken, or holding you back -pinpointing inefficiencies and laying out exactly what needs fixing for a clear path to clean finances.
We handle T776 rental statements, CCA scheduling, GST/HST on commercial and new-build property, land transfer tax, UHT filings, and non-resident withholding, keeping every CRA and provincial obligation covered.
We set up property-level reporting, rent roll tracking, lease revenue recognition, and CAM reconciliations -with income and expenses cleanly separated by property or project.
We track construction costs and budgets, capitalize them correctly, and recognize revenue on the right timeline, so development projects remain transparent from groundbreaking to closeout.
We continuously refine workflows, ensure CRA compliance, run regular checks, and build custom AI-powered apps and integrations that match how your portfolio operates.
You get up-to-date dashboards on property performance, cash flow, and profitability -spotting trends and addressing issues proactively, with full visibility for owners and partners.
Outsourcing isn’t about size -it’s about urgency, risk, and growth. If your financials are slowing down deals or creating confusion instead of clarity, it’s time to bring in help.
| Feature | Ledger Labs' Real Estate Accounting Services | Other Services |
|---|---|---|
| Property-Level Reporting | Income, expenses, and profitability are tracked cleanly by property, project, and entity | Commingled books with no per-property visibility |
| Rent Roll & Lease Accounting | Accurate rent roll, lease revenue recognition, and CAM reconciliation | Manual rent tracking prone to gaps and disputes |
| CCA & Fixed Assets | Correct CCA classes, recapture tracking, and the rental-loss restriction applied properly | Generic depreciation that creates CRA exposure |
| Canadian Tax Compliance | T776, GST/HST on property, flipping rules, UHT, and land transfer tax handled end-to-end | US-style tax logic that doesn't fit Canadian rules |
| Non-Resident & Cross-Border | Section 216 rental withholding and Section 116 clearance are managed proactively | Missed withholding leading to penalties and held funds |
| Commission & Capital Accounts | Clean commission tracking and accurate partnership/capital-account allocations | Confused payouts and unreliable allocations |
| Development & Construction Costing | Capitalized costs and timeline-based revenue recognition for projects | Flat cost tracking with no project-level clarity |
| Ongoing Advisory & Scaling | Entity structuring, cash flow forecasting, and proactive tax planning as you grow | One-time setup with no long-term strategy |
Income, expenses, and profitability are tracked cleanly by property, project, and entity
Commingled books with no per-property visibility
Accurate rent roll, lease revenue recognition, and CAM reconciliation
Manual rent tracking prone to gaps and disputes
Correct CCA classes, recapture tracking, and the rental-loss restriction applied properly
Generic depreciation that creates CRA exposure
T776, GST/HST on property, flipping rules, UHT, and land transfer tax handled end-to-end
US-style tax logic that doesn’t fit Canadian rules
Section 216 rental withholding and Section 116 clearance are managed proactively
Missed withholding leading to penalties and held funds
Clean commission tracking and accurate partnership/capital-account allocations
Other Services
Confused payouts and unreliable allocations
Capitalized costs and timeline-based revenue recognition for projects
Other Services
Flat cost tracking with no project-level clarity
Entity structuring, cash flow forecasting, and proactive tax planning as you grow
One-time setup with no long-term strategy
Find out what our customers are saying about our products.
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"I flipped two properties and had no idea the new flipping rule meant business income, not capital gains. Ledger Labs caught it before I filed and structured it properly. Saved me from a nasty CRA surprise."
Brendan Calloway Investor, Residential