GGold Star Accounting

Real Estate & Construction

Bookkeeping and tax support for real estate professionals and construction businesses, from commission-based realtors to contractors managing multiple jobs and subcontractors.

Common challenges

What makes this industry different

  • Commission income with significant business expenses to track
  • Project-based costing across multiple jobs or properties
  • Subcontractor payments and related reporting
  • GST/HST and PST treatment on materials, labour, and services

What we watch for

Key accounting & tax concerns

  • Vehicle and job-site expense tracking
  • Holdback and progress billing considerations
  • Payroll and subcontractor reporting obligations
  • Capital gains considerations on property transactions

Workflow

What working together looks like

  1. 01

    Setup & structure review

    We review whether a sole proprietorship or corporation fits your current stage, and confirm your GST/HST and PST accounts.

  2. 02

    Job-level bookkeeping

    Income and expenses are tracked with enough detail to understand profitability by project where useful.

  3. 03

    Recurring compliance

    GST/HST, PST, and payroll obligations are kept current.

  4. 04

    Year-end & planning

    Financial statements, tax filing, and forward planning wrap up the year.

FAQ

Common questions

Yes, including the interaction between federal GST/HST and BC PST that often applies to construction and trades businesses.

Ready when you are

Ready to talk about your real estate & construction accounting?

Book a consultation and we'll discuss what your business needs.

CallBook a Consultation