Accounting Built for Real Estate in USA
From rental portfolios to property flips, ASAD SHEIKH delivers the tax strategy, clean books, and financial clarity that real estate investors and professionals need to grow with confidence.
Real Estate Has Unique Tax Rules. We Know Them.
Depreciation schedules, passive activity rules, 1031 exchanges, and rental income reporting are just a few of the complexities that trip up real estate investors and agents alike. ASAD SHEIKH works exclusively with clients who need an accounting partner that understands the full picture — not just the basics.
Everything You Need to Manage the Financial Side of Real Estate
Tax Preparation & Planning
ASAD SHEIKH prepares and files taxes for landlords, investors, agents, and real estate businesses in CT — capturing depreciation, deductions, and credits to keep more money in your portfolio.
Bookkeeping
Monthly, property-level bookkeeping that keeps your rental income, expenses, and mortgage records clean, reconciled, and ready for tax time or a lender review.
Advisory & CFO
From entity structure decisions — LLC vs. S-Corp — to cash-flow forecasting across a growing portfolio, ASAD SHEIKH provides the strategic guidance real estate investors need to scale wisely.
Payroll
If you employ property managers, maintenance staff, or office personnel, ASAD SHEIKH handles payroll processing and filings so you stay compliant and your team gets paid on time.
Rental Portfolio Accounting
Organized income-and-expense tracking across multiple properties so you always know which assets are performing — and which ones need attention.
Year-Round Compliance
Real estate deadlines don't stop in April. ASAD SHEIKH monitors estimated tax payments, depreciation recapture, and filing requirements throughout the year.
Real Estate Accounting FAQs
Can you help me with depreciation on my rental properties?+
Yes. Correctly calculating and tracking depreciation — including cost segregation opportunities — is one of the most impactful ways to reduce taxable income on rental real estate, and it is a core part of what ASAD SHEIKH handles for property owners.
Do you assist with 1031 exchanges?+
ASAD SHEIKH can guide you through the tax implications and reporting requirements of a 1031 like-kind exchange, helping you understand the timelines, identification rules, and how a successful exchange affects your overall tax position.
What entity structure is best for my real estate holdings?+
There is no one-size-fits-all answer — it depends on your portfolio size, liability exposure, and long-term goals. ASAD SHEIKH reviews your situation and recommends the structure that balances protection with tax efficiency.
I have multiple rental properties. Can you keep the books for each one separately?+
Absolutely. ASAD SHEIKH provides property-level bookkeeping so you have a clear picture of income and expenses for each asset, making reporting, refinancing, and decision-making straightforward.
How do you handle passive activity loss rules for real estate investors?+
Passive activity loss rules can significantly affect how — and when — rental losses offset other income. ASAD SHEIKH monitors your status as an investor or real estate professional and plans accordingly to maximize allowable deductions.
When are my estimated tax payments due as a real estate investor?+
Estimated taxes are generally due in April, June, September, and January. ASAD SHEIKH tracks your liability throughout the year and helps you make timely payments to avoid penalties on rental and investment income.
Ready to Put Your Real Estate Finances in Order?
Whether you own one rental property or a growing portfolio, ASAD SHEIKH is here to handle the numbers so you can focus on the deals. Reach out today to discuss how we can support your real estate business in Connecticut.