Know exactly how each property is performing.
Why blended books hurt you.
You make decisions in the dark. Lenders and partners ask for details you can't produce quickly. Tax strategies like cost seg and REPS become harder to defend because the underlying numbers aren't clean.
What Simon builds for you.
True property-by-property books that show income, expenses, and cash flow for every asset. Clear monthly or quarterly packages you can actually use to run the portfolio.
On new purchases he reviews the numbers before you close so you understand the real tax picture. For developers we support project accounting and the financial statements required under New Jersey PILOT programs. Fix-and-flip operators get clear dealer-versus-investor analysis so gains are characterized correctly.
The foundation everything else sits on.
This is the foundation used by many of the 250+ real estate investors Simon supports. Cost seg, REPS, and 1031 are only as strong as the books beneath them.
Questions Simon answers fast.
- How do I track capital improvements correctly?
- Simon sets up a chart of accounts that separates repairs, improvements, and units of property — so cost seg and dispositions are clean.
- What reports do banks want for a refinance?
- Rent rolls, T-12s, and reconciled operating statements. He builds the reporting package before you need it.
- Can these books support cost segregation and REPS claims?
- Yes — that's the whole point. The books, the study, and the elections are designed together.
- Do you work with syndicators and developers too?
- Yes. Project accounting, PILOT reporting, and multi-entity consolidations are standard here.
These strategies compound.
If your current accounting can't show performance by property, start here.
Book a focused conversation. Simon will review your situation and lay out the path forward — clearly, in plain English.