Let Us Handle Your Finances So You Can Focus on Closings
Let Us Handle Your Finances So You Can Focus on Closings
Accounting for Real Estate Brokers in Texas.
Accounting, Bookkeeping, and Tax Services
When it comes to managing your finances as a real estate broker in Texas, you already have enough on your plate. Between unpredictable commission income, tax regulations, and client reimbursements, staying on top of your books can feel overwhelming. But it doesn’t have to be this way.
That’s where Blaine Gary, CPA, steps in. Specializing in accounting for real estate brokers, Blaine understands the unique challenges of real estate professionals in cities like Houston, Dallas, Austin, and San Antonio. He’ll help you stay organized, maximize deductions, and navigate Texas tax laws with ease.
Let’s explore why hiring Blaine Gary, CPA, is one of the smartest decisions you can make for your real estate business.
Why Real Estate Brokers in Texas Need a CPA
Texas is a booming real estate market, with agents and brokers juggling multiple deals in cities like Austin, Houston, and Dallas. But while you’re busy closing deals, who’s looking after your finances?
As a real estate broker, your financial situation is more complex than most. You need an accountant who understands the unique challenges of your industry. Here’s why Texas real estate brokers need expert CPA support:
- Fluctuating income: Commissions are unpredictable, and your income varies month-to-month.
- Tax complexities: Texas may not have a state income tax, but that doesn’t mean you’re off the hook. Federal taxes, self-employment taxes, and deductions all require careful management.
- Business expenses: From marketing costs in a competitive Dallas market to mileage driving through sprawling Houston neighborhoods, your expenses add up quickly.
Partnering with Blaine Gary, CPA, means you’ll get personalized accounting solutions designed specifically for Texas real estate brokers.
1. Streamlining Your Income and Commission Tracking
One of the trickiest aspects of accounting for real estate brokers is keeping track of commissions. Payments can be inconsistent, and relying on multiple income sources—from referral bonuses to leasing commissions—makes things even more complicated.
Here’s how Blaine can help simplify your commission tracking:
- Organized reporting: Blaine will set up accounting systems that categorize income by deal, so you’ll never lose track of where your money is coming from.
- Tax planning: He’ll help you set aside the right percentage of your income for quarterly taxes, ensuring you’re never caught off guard.
- Custom solutions for Texas brokers: Whether you’re working in San Antonio’s competitive housing market or managing commercial properties in Houston, Blaine knows how to tailor systems to your business.
2. Managing Expenses to Maximize Your Deductions
Real estate brokers in Texas face a wide range of expenses—marketing campaigns in Austin, networking events in Dallas, and transportation costs across the state. Staying on top of these expenses is key to lowering your taxable income and maximizing deductions.
Common Deductible Expenses:
- Vehicle mileage driving to showings or closings in places like Houston or San Antonio.
- Marketing costs for flyers, online ads, or billboards in competitive cities like Austin.
- Brokerage fees or desk rentals.
- Meals with clients or prospects (50% deductible).
- Continuing education or licensing costs.
Blaine Gary, CPA, will ensure that every possible deduction is accounted for, saving you money when tax season rolls around.
3. Why Accounting Software Alone Isn’t Enough
Using QuickBooks Online will help you automate some tasks, but they’re no replacement for expert guidance. That’s especially true in Texas, where the real estate market is fast-paced, and the stakes are high.
When you work with Blaine, you’re not just getting someone who knows how to use software—you’re getting a trusted advisor who:
- Customizes solutions based on your unique needs as a Texas real estate broker.
- Reviews your records for accuracy and ensures compliance with IRS requirements.
- Offers insights that software alone can’t provide, like tax strategies specific to real estate professionals in cities like Houston, Austin, or Dallas.
4. Navigating Taxes for Texas Real Estate Brokers
Even though Texas doesn’t have state income tax, you’re still responsible for federal taxes and self-employment taxes. And let’s face it: tax season is stressful enough without having to figure out what you owe.
That’s where Blaine Gary, CPA, comes in. He specializes in accounting for real estate brokers and will help you:
- File accurate returns: Avoid costly mistakes or penalties by letting Blaine handle your filings.
- Plan for quarterly payments: Blaine will calculate your estimated taxes so you’re not caught off guard.
- Maximize your deductions: From vehicle mileage to office expenses, Blaine knows how to find every deduction you’re entitled to.
Whether you’re closing deals in Dallas or leasing properties in San Antonio, Blaine will take the stress out of taxes so you can focus on your business.
5. Why Location Matters: Serving Real Estate Brokers Across Texas
Texas is a massive state, and every market—from the bustling streets of Austin to the suburbs of Houston—has its own unique challenges. Blaine Gary, CPA, understands the financial needs of real estate brokers in Texas cities like:
- Houston: Navigating the largest housing market in Texas comes with plenty of financial intricacies, including high-volume sales and significant client reimbursements.
- Dallas: With a booming metro area and thriving commercial market, Dallas brokers have to manage complex deals and high-value commissions.
- Austin: In this tech hub and competitive real estate market, brokers often juggle fast-paced transactions and hefty marketing budgets.
- San Antonio: Serving a mix of residential and military clients means brokers here need tailored financial strategies.
Blaine’s Texas roots ensure you’ll get personalized service, no matter where you’re located.
6. The Benefits of Hiring Blaine Gary, CPA
When you work with Blaine Gary, CPA, you’re not just hiring an accountant—you’re gaining a partner who’s invested in your success. Here’s what sets him apart:
- Specialized expertise: Blaine has years of experience helping real estate brokers manage their finances.
- Local knowledge: As a Texas-based CPA, Blaine knows the challenges and opportunities specific to real estate professionals all across the great state of Texas.
- Customized service: Blaine takes the time to understand your business and create tailored solutions.
Instead of struggling to manage your books alone, you’ll have peace of mind knowing your finances are in expert hands.
Ready to Simplify Your Accounting?
As a real estate broker in Texas, you already wear many hats—don’t let accounting be another stressor. With Blaine Gary, CPA, you’ll get expert guidance tailored to the unique needs of Texas real estate professionals.
Whether you’re closing deals in Austin, managing rentals in East Texas, or growing your business in the Valley, Blaine will help you stay organized, save money, and plan for financial success.
Contact Blaine Gary, CPA, today and take the first step toward stress-free finances. Let’s simplify your books so you can focus on what matters most: growing your real estate business!