Outsourcing Your Financial Team: The Smart Move for Real Estate Entrepreneurs
Written By Tony Brown, Head of Connection at BEC CFO & CPA
As a real estate entrepreneur, your time is your most valuable asset. Managing books, taxes, and financial strategy shouldn't take you away from what you do best — growing your portfolio and closing deals. That’s where a strategic outsourced financial team comes in.
At BEC CFO, we specialize in helping real estate professionals like you streamline operations, stay compliant, and unlock serious financial benefits. Here's what you need to know about outsourcing both your accounting and tax functions — and why doing both under one roof might be the best move you make this year.
Why Outsource Your Accounting and Tax?
Outsourcing your financial operations gives you more than just time back — it gives you peace of mind.
Save Time & Reduce Stress: Let the experts handle the numbers while you focus on scaling.
Ensure Compliance: Stay ahead of ever-changing tax laws and accounting regulations.
Maximize Savings: A proactive accounting and tax strategy can dramatically reduce your tax burden and improve cash flow.
Scale With Confidence: From your first investment property to complex real estate portfolios, a good financial partner grows with you.
What to Look for in an Outsourced Accounting Team
Not all accounting providers are created equal. The best outsourced team will help you with:
Bookkeeping: Clean, accurate records — reconciled and categorized.
Financial Reporting: Monthly P&L, balance sheets, and cash flow reports.
Strategic Planning: Budgeting, forecasting, and even financial modeling.
Payroll & Compliance: Hassle-free payroll runs with tax filings handled.
Technology-Forward Tools: Platforms like QuickBooks, Bill.com, Gusto, and more — with workflows built for your business.
Tip: Think in terms of daily, monthly, and annual financial needs. It helps define the scope clearly.
Outsourced Tax Pros: Your Hidden Growth Advantage
A good tax advisor doesn’t just file returns — they help you build wealth. Here’s what top-tier tax professionals offer:
Tax Preparation & Planning: Stay ahead of liabilities and budget wisely.
Tax Strategy Development: Use tools like 1031 exchanges, cost segregation, and entity structuring to minimize your burden.
Audit Representation: Should the IRS come calling, you're not alone.
Specialized Real Estate Advice: From depreciation rules to real estate professional elections — the nuances matter.
Real estate is complex. Your tax professional should understand grouping elections, passive activity rules, and strategies that unlock investor-only tax benefits.
How to Choose the Right Partner
When vetting your outsourced financial team, ask:
What industries do you specialize in?
What certifications do you hold (CPA, EA, Tax Attorney)?
How do you communicate? (Regular updates and clear KPIs matter!)
Can you support scaling — from bookkeeping to CFO-level insights?
Look for scalability, security, and industry expertise — especially in real estate.