Construction & Real Estate Accounting – Innovative Accountants

Industry-Specific Accounting Solutions Built for Builders, Developers, and Property Professionals
At Innovative Accountants, we specialize in providing tailored accounting and financial management solutions for construction companies, real estate investors, developers, and property managers. From job costing and project forecasting to tax strategy and compliance, we help you build a strong financial foundation — one that keeps you profitable, on track, and audit-ready.

Why Specialized Accounting Matters

The construction and real estate industries come with unique financial complexities— long project timelines, fluctuating materials costs, strict regulatory standards, and nuanced tax rules. We offer the tools, insight, and hands-on support to help you manage it all efficiently.

Our Services Include:

  • Job Costing & Project-Based Accounting
    Track labor, materials, subcontractor costs, and profitability by project in real time.
  • Revenue Recognition (Completed Contract or Percentage-of-Completion)
    Ensure compliance and accuracy in how revenue is reported, invoiced, and taxed.
  • Fixed Asset & Depreciation Management
    Track property and equipment life cycles and optimize depreciation schedules.
  • Construction Tax Planning
    Maximize deductions, credits, and strategic timing of income and expenses.
  • Real Estate Transaction Support
    Navigate acquisitions, 1031 exchanges, and asset sales with proper accounting and documentation.
  • Cash Flow Forecasting
    Avoid project delays with real-time cashflow projections built for contractors and property owners.
  • Regulatory Compliance
    Stay compliant with state, federal, union, and industry-specific accounting requirements.
  • Financial Reporting for Investors or Lenders
    Deliver accurate, professional reports that build trust and drive financing decisions.

Why Choose Innovative Accountants

  • In-depth experience with builders, developers, property owners, and commercial real estate firms
  • Custom QuickBooks setups for construction and real estate workflows
  • CPA-led advisory for deal structuring and long-term planning
  • Local NYC and Long Island expertise with national reach
  • Integrated bookkeeping, payroll, and tax services for full back-office support

Results You Can Expect

  • Fewer Budget Surprises
    Know your numbers at every stage of the project lifecycle.
  • More Strategic Bids & Pricing
    Leverage historical cost data to quote jobs profitably and competitively.
  • Stronger Compliance & Tax Savings
    Maximize real estate deductions and reduce audit risk with clean records and expert filings.
  • Improved Decision-Making
    Use forecasting, dashboards, and financial statements to guide long-term growth.
Build With Confidence — Backed by Smart Financials
Stay focused on construction and real estate — we’ll handle the finances. → Book your free consultation today