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 
    
 
 
 
   
 
 
       Posted on Google  
   
   Jennifer Ly 
 
 
 
 Trustindex 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.
  
 
      Posted on Google  
   
   DOWN 2 EARTH Network 
 
 
 
 Trustindex 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!
  
 
      Posted on Google  
   
   Nate TLR 
 
 
 
 Trustindex 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.
  
 
      Posted on Google  
   
   Sam Fazzina 
 
 
 
 Trustindex 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
  
 
      Posted on Google  
   
   Andres Sanchez-Pillot 
 
 
 
 Trustindex verifies that the original source of the review is Google. Deals with all of the Taxes and is always quick to answer any questions.
  
 
      Posted on Google  
   
   Vikas Palan (Vik) 
 
 
 
 Trustindex verifies that the original source of the review is Google. Sanjeev and Team are great. Knowledgeable and very professional.
  
 
      Posted on Google  
   
   vivek chandra 
 
 
 
 Trustindex 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
  
 
      Posted on Google  
   
   Salman 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent team, that's highly responsive and smart.
  
 
      Posted on Google  
   
   Ruru Baked 
 
 
 
 Trustindex 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.