Real Estate Agents & Brokerages
Expert Accounting for Real Estate Professionals
Serving Toronto & the GTA | 🧾 CRA Compliant | 💼 Healthcare Specialists
Real Estate is Fast-Moving. So Are Your Finances
Toronto’s real estate market moves fast—and so do your income streams. Whether you’re a solo agent or brokered with a team, we help you stay organized, maximize deductions, and avoid tax surprises.
Track commissions with ease
Claim all eligible expenses
Avoid CRA penalties
Plan for taxes, not panic at year-end

Services Designed for Realtors & Agents
Commission Tracking & Income Recording
We simplify your bookkeeping by:
- Recording **gross commissions and brokerage splits**
- Managing **referral payments & bonuses**
- Reconciling deposits from platforms like **REALTOR.ca, MLS, Stratus, etc.**
- Matching deals with closing statements
Vehicle, Fuel & Home Office Deductions
As a real estate agent, many of your day-to-day costs are deductible—but only if tracked properly.
We help you:
- Track **vehicle use, gas, insurance, maintenance**
- Maximize your **home office deduction**
- Deduct **advertising, staging, client gifts, meals, tech, signage**, and more
- Keep compliant records for CRA audits
Quarterly Tax Estimates & CRA Remittances
Avoid the shock of a large year-end tax bill with proactive tax planning. We provide:
- Accurate **quarterly tax installment estimates**
- CRA **instalment reminders**
- Optional **monthly or quarterly profit reports**
- Year-end preparation with **T2125 (Self-Employment Statement)**
Bookkeeping Services Made Easy
- Cloud bookkeeping with **QuickBooks Online or Xero**
- Bank feed integration & expense categorization
- Monthly or quarterly reporting
- Year-end tax-ready financials
Who We Work With
- Licensed Real Estate Sales Representatives
- Brokers & Brokerages
- Commercial Real Estate Agents
- New agents & top producers
- Self-employed Realtors (T2125)
- PREC (Personal Real Estate Corporations)
Testimonials
See what people say about us
EXCELLENT Based on 83 reviews Jennifer Ly2024-09-12Trustindex verifies that the original source of the review is Google. Sanjeev and his team are so helpful and responsive. Def highly recommend working with them. DOWN 2 EARTH Network2024-07-09Trustindex verifies that the original source of the review is Google. BBS Accounting CPA is a great firm! Highly professional and always reliable. They handle our finances with expertise. Highly recommend! Nate TLR2024-07-08Trustindex verifies that the original source of the review is Google. For more than ten years BBS Accounting has provided our luxury real estate sales and property management business in Toronto with professional, friendly and prompt accounting services. BBS has provided us with complete support including responses to bookkeeping questions, support with customer inquiries, direction when dealing with the CRA and more. No question was too big or small for the BBS team. I have no hesitation in recommending BBS Accounting for your accounting needs. Sam Fazzina2024-06-13Trustindex verifies that the original source of the review is Google. BBS ACCOUNTING is knowledgable and competent. I've been using them for almost 2 years and I'm very happy. My services include business accounting, personal accounting, as well as my business payroll. Sanjeev and his team are patient with me and always goes out of their way to educate me and answer my questions. They help me make informed decisions when it comes to my personal or business taxes. Thanks to BBS for everything so far and looking forward to a long and healthy relationship. Sam Fazzina Toronto Light Therapy / Toronto Light and Body Andres Sanchez-Pillot2024-06-12Trustindex verifies that the original source of the review is Google. Deals with all of the Taxes and is always quick to answer any questions. Vikas Palan (Vik)2024-06-11Trustindex verifies that the original source of the review is Google. Sanjeev and Team are great. Knowledgeable and very professional. vivek chandra2024-06-06Trustindex verifies that the original source of the review is Google. BBS Accounting Ltd is a reputable accounting firm that provides exceptional services to small businesses. Their expertise in financial management and tax planning is invaluable, offering valuable advice tailored to each client's unique needs. One of the standout features of BBS Accounting is their convenient monthly billing plan, which allows businesses to budget effectively and avoid unexpected lump-sum payments. The firm's commitment to prompt follow-ups and timely tax filing is commendable, ensuring that clients remain compliant and avoid penalties. Their team of knowledgeable professionals stays up-to-date with the latest tax regulations, providing peace of mind to business owners who can focus on growing their operations. Overall, BBS Accounting Ltd is a trusted partner for small businesses seeking comprehensive accounting solutions, valuable guidance, and a seamless experience Salman2024-05-12Trustindex verifies that the original source of the review is Google. Excellent team, that's highly responsive and smart. Ruru Baked2024-03-05Trustindex verifies that the original source of the review is Google. We've been customers of BBS for about 4 years now. They are always available to answer questions we have about our finances and taxes, and always on time with completing our books, year ends, payroll taxes, and more. Extremely valuable for any business owner and also affordable. Have recommended BBS to many of our friend's seeking accounting help.