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Accounting Firms for Real Estate  in Illinois

Need to outsource something else? Search for proactivefinancial advisorsandfractional CFOson Sam’s List too. Make sure to check the reviews, it’s one of the most important parts of your vetting process!

Featured Accountants

Steady Co - Accounting, Tax & Fractional CFO | Advisory Services, Bookkeeping, Payroll Services
Steady Co - Accounting, Tax & Fractional CFO
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13 Client Reviews

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"Everything has been easy, professional, and straight forward."
YOLO Numbers | Advisory Services, Bookkeeping, Mergers and Acquisitions
YOLO Numbers
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4 Client Reviews

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"Great! They took some really messy books, cleaned them up, did much better tax planning than my former accountant.
Before I was really stressed about my accounting. My I have a solid team and a system backing me up!"
CPA on Fire - Concierge Tax Strategy & Advisory | Bookkeeping, Mergers and Acquisitions, Tax Preparation
CPA on Fire - Concierge Tax Strategy & Advisory
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4 Client Reviews

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"My experience has been outstanding. They are organized, proactive, and genuinely invested in helping my business thrive. Their support has not only improved my financial systems but has also given me the freedom to focus on the areas of my work where I’m most needed. I feel informed, supported, and confident knowing they’re managing such an important part of my business."

Accountants

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Nimbl
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Iota Finance
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Steady Co - Accounting, Tax & Fractional CFO | Advisory Services, Bookkeeping, Payroll Services
Steady Co - Accounting, Tax & Fractional CFO

13 Client Reviews

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"Everything has been easy, professional, and straight forward."
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Pilot Management Group
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Solopreneur Tax | Advisory Services, Bookkeeping, Payroll Services
Solopreneur Tax
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Ever Ledger
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YOLO Numbers | Advisory Services, Bookkeeping, Mergers and Acquisitions
YOLO Numbers

4 Client Reviews

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"Great! They took some really messy books, cleaned them up, did much better tax planning than my former accountant.
Before I was really stressed about my accounting. My I have a solid team and a system backing me up!"
CPA on Fire - Concierge Tax Strategy & Advisory | Bookkeeping, Mergers and Acquisitions, Tax Preparation
CPA on Fire - Concierge Tax Strategy & Advisory

4 Client Reviews

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"My experience has been outstanding. They are organized, proactive, and genuinely invested in helping my business thrive. Their support has not only improved my financial systems but has also given me the freedom to focus on the areas of my work where I’m most needed. I feel informed, supported, and confident knowing they’re managing such an important part of my business."
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Blackbird Tax Services
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Anomaly CPA | Advisory Services, Bookkeeping, Mergers and Acquisitions
Anomaly CPA
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FrequentlyAsked Questions

How much does a real estate accountant cost?

Rates vary, but expect to pay $150–$450/hour for most CPAs. Complex planning (like 1031 exchanges or audit representation) can go up to $1,000/hour. Monthly services often range from $500–$2,000/month.

What does a real estate accountant actually do?

They track income and expenses, structure tax-efficient deals, assist with depreciation and cost segregation, and help with capital gains planning. Many also advise on audits and long-term investment strategies.

What should I expect to pay annually?

Depending on your activity level, real estate-focused accounting can range from $1,000/year for basic tax prep to $10,000+ for ongoing advisory and complex filings.

Can a real estate CPA help with 1031 exchanges?

Yes—many specialize in this and can help structure the transaction, file proper forms, and time it correctly to defer capital gains.

What’s the difference between a general accountant and a real estate CPA?

Real estate CPAs understand passive activity rules, cost segregation, debt basis, depreciation recapture, and deal structuring. A generalist likely won’t catch opportunities specific to your industry.

What Does a Real Estate Accountant Do?

From maximizing depreciation to structuring deals tax-efficiently, real estate accountants handle more than just books. They guide investors, brokers, and developers through cost segregation, passive activity rules, and capital gains strategy.

Not sure who’s right for your real estate business? Answer a few quick questions, and we’ll introduce you to someone who fits.

Sam’s List is a directory for exploring accountants, bookkeepers, fractional CFOs, financial advisors, and wealth managers. We do not provide financial, investment, tax, or legal advice, nor do we recommend or endorse any specific professional. Some professionals participate in paid programs for additional visibility or leads. Users should independently verify any professional before engaging their services. Learn more in ourTerms of Service.
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