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Gondaliya CPA

Real Estate Agents, Realtors & Brokerages in Toronto & across Ontario

Specialized accounting, bookkeeping, and tax planning for real estate agents.

Corporate Tax Filing Experts

1000+

Satisfied Clients & Partners

AFFORDABLE Tax Accountant for Real Estate Agents, Realtors & Brokerages

We provide cost-effective tax and accounting services tailored specifically for real estate agents, realtors, and brokerages. Our approach is designed to support commission-based income, fluctuating cash flow, and industry-specific deductions—without unnecessary complexity or high fees.

From accurate bookkeeping to proactive tax planning and CRA compliance, our affordable solutions help real estate professionals stay organized, reduce tax liability, and focus on closing deals while we manage the numbers.

Official Partner

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CPA Ontario
QuickBooks Advisor in Ontario
Wagepoint Advisor in Ontario
Xero Advisor in Ontario
Stripe Partner in Ontario
Rotessa Partner in Ontario
Hubdoc
ADP

Accounting That Understands Real Estate Professionals

We understand the unique financial and tax challenges faced by real estate agents, realtors, and brokerages. From commission-based income to fluctuating cash flow and industry-specific deductions, our accounting solutions are tailored to keep your finances organized and compliant, so you can focus on growing your business.

Commission-Focused Accounting

Track commissions, splits, and transactions accurately for reliable financial reporting.

Expense Management

Organize business expenses, home office costs, and vehicle deductions efficiently.

Proactive Tax Planning

Identify tax-saving opportunities year-round to minimize liability and maximize deductions.

Audit-Ready Compliance

Ensure CRA compliance and maintain clean records for peace of mind and audit preparedness.

Stay Compliant with Real Estate Tax Regulations

Timely Tax Filing

Meet all CRA deadlines for T1, T2, and GST/HST returns without stress.

Organized Record-Keeping

Maintain accurate records of commissions, expenses, and client transactions for audits.

Deduction & Credit Compliance

Apply eligible deductions and credits correctly while staying within CRA rules.

Why Real Estate Agents Work with Gondaliya CPA

Tax Planning

Industry Expertise

Decades of experience working with real estate agents, brokerages, and property managers.

Consulting

Maximize Earnings

Strategic tax planning to reduce liabilities and optimize commission-based income.

CRA Representation

Save Time

Streamlined bookkeeping, payroll, and reporting so you can focus on selling properties.

Bookkeeping

Peace of Mind

Accurate records and compliance checks to avoid penalties and CRA issues.

Fully Licensed CPA Ontario

500+ ★★★★★ Google Reviews

30-Day Money-Back Guarantee

60-Day Fees-Matching Policy

Accounting Services for Real Estate Agents, Realtors & Brokerages

Free Resource: 50 Deductible Expenses for Real Estate Agents, Realtors & Brokerages

Comprehensive checklist of tax-deductible costs unique to Real Estate Agents, Realtors & Brokerages. PDF delivered instantly.

Case Studies

Toronto Real Estate Agent Optimizes Tax Deductions

Problem: A top-performing agent struggled to track commissions, home office, and vehicle expenses accurately, missing out on significant deductions.
Solution: Gondaliya CPA implemented a tailored bookkeeping system, categorized all business expenses, and applied tax-saving strategies.
Results: The agent reduced taxable income by $12,000 and avoided penalties, while gaining clear monthly financial reports.

Mississauga Brokerage Streamlines Payroll & GST Compliance

Problem: A growing brokerage faced issues managing payroll for multiple agents and filing GST/HST on time, risking CRA penalties.
Solution: Gondaliya CPA integrated payroll services with bookkeeping and set up automated GST/HST filing reminders.
Results: Payroll errors were eliminated, GST/HST filings were on time, and the brokerage saved 10+ hours monthly on administrative tasks.

Real Estate Investor Protects Income & Reduces Audit Risk

Problem: A real estate investor owning multiple properties lacked proper financial organization, increasing audit risk and missed deductions.
Solution: Gondaliya CPA reviewed past filings, implemented a record-keeping system, and optimized allowable deductions.
Results: Audit readiness improved, tax liability was reduced by $18,000, and investor confidence in financial reporting increased.

OUR SIMPLE PROCESS

How Our Real Estate Accounting Process Works

We make managing your finances simple and stress-free. Our transparent process keeps you informed and investor-ready at every stage.

Here’s a simplified process approach:

Step 1

Simple Onboarding & Review

We quickly assess your income, expenses, and structure to set up efficient, compliant accounting.

Step 2

Commission-Focused Bookkeeping

Income, splits, expenses, and GST/HST are tracked accurately with no guesswork.

Step 3

Proactive Tax Planning

We identify deductions and tax-saving opportunities throughout the year—not just at filing time.

Step 4

Ongoing Support Without High Fees

Clear advice, timely responses, and affordable pricing designed for real estate professionals.

Get personalized advice for your taxes.

Transparent Pricing 


Affordable Pricing for Real Estate Accounting

We believe in clear, upfront pricing so you know exactly what to expect.

    • Tax Preparation (Corporation): From $400

    • Tax Return Filing (Corporation): From $400

    • Tax Compliance Audit – FREE CRA audit support for our clients

    • Tax Strategy: FREE for our clients
    • Accounting Base Plan – From $100 / month
    • Bookkeeping Management (Free for our Accounting clients)
    • Financial Reporting (Free for our Accounting clients)
    • Business Formation: Flat $35
    • Incorporation Process: Flat $35
    • Entity Setup Assistance: Flat $35
    • Full-Service Payroll: From $125 per month

Meet Your Real Estate Tax Accountants

Sharad Gondaliya, CPA
Vandana Goel, CPA

Vandana Goel, CPA

LinkedIn LinkedIn Icon Accounting Specialist 📞 647-250-0242 vandana@gondaliyacpa.ca

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Serving Real Estate Professionals Across Ontario

We support real estate professionals s across TorontoMississaugaBramptonNorth YorkEtobicokeScarboroughVaughanMarkhamRichmond Hill, and Ottawa. Whether you manage residential or commercial properties locally or remotely, our tailored systems and industry expertise ensure your finances are accurate, CRA-compliant, and easy to understand. Our mission is to help real estate agents, brokers, and brokerages maximize wealth, reduce tax stress, and achieve better financial outcomes.

Toronto (ON)

168 Simcoe St Unit 1118, Toronto, ON M5H 4C9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Mississauga (ON)

5373 Bullrush Dr, Mississauga, ON, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Brampton (ON)

4 Starhill Crescent, Brampton, ON L6R 2P9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Scarborough (ON)

24 Clementine Square, Scarborough, ON M1G 2V7, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Vaughan (ON)

19 Cabinet Crescent, Woodbridge, ON L4L 6H9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Oshawa (ON)

210 Durham St, Oshawa, ON L1J 5R3, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Ottawa (ON)

2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Etobicoke (ON)

60 Stevenson Rd #1601, Etobicoke, ON M9V 2B4, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Hamilton (ON)

70 Starling Dr, Hamilton, ON L9A 0C5, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Guelph (ON)

1155 Gordon St, Guelph, ON N1L 1S8, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Windsor (ON)

4387 Guppy Ct, Windsor, ON N9G 2N8, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

North York (ON)

150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Real Estate Professionals FAQs

What expenses can real estate professionals deduct on their taxes?
Real estate professionals can deduct business-related expenses such as advertising, office rent, vehicle costs, and professional memberships. Accurate record-keeping ensures all deductions are claimed correctly. Gondaliya CPA helps identify eligible expenses to maximize tax savings and reduce audit risk.
Commissions and bonuses are considered business income and must be accurately reported on your T2125 or corporate filings. Proper accounting ensures you pay the correct amount of tax while avoiding penalties. We set up systems to track income efficiently throughout the year.
GST/HST registration is required if your taxable supplies exceed $30,000 annually. Registered agents must charge, collect, and remit GST/HST correctly. Gondaliya CPA guides you through registration, compliance, and reporting to ensure you stay fully compliant.
Strategies like income splitting, corporate incorporation, and claiming eligible expenses can reduce personal tax liability. Each situation is unique, so professional guidance is essential. We provide tailored planning to optimize your tax position while remaining CRA-compliant.
Keep all receipts, invoices, bank statements, commission reports, and expense documentation for a minimum of six years. Accurate and organized records reduce audit stress and support your claims. Gondaliya CPA implements streamlined systems to maintain audit-ready records.
Sole proprietorships are simpler, but corporations can offer tax deferral and liability protection. The decision depends on income level, long-term goals, and risk tolerance. We analyze your situation to recommend the most tax-efficient business structure.
Real estate professionals should review financial statements monthly or quarterly. Regular reviews help track profits, monitor cash flow, and identify tax-saving opportunities. Gondaliya CPA provides insights to make informed business decisions based on these statements.
Yes, vehicle expenses related to business use, including fuel, maintenance, and insurance, can be claimed. Accurate mileage logs and receipts are required for CRA compliance. We guide agents in tracking and maximizing these deductions efficiently.
Depending on your business type, you may be eligible for SR&ED credits, capital cost allowance, or investment tax credits. Claiming these requires precise accounting and proper documentation. We help identify applicable credits to reduce overall tax liability.

Schedule a consultation to discuss your real estate business needs. We’ll create a tailored plan including bookkeeping, payroll, tax planning, financial reporting, and incorporation services.

Stay Compliant and Maximize Savings on Your Real Estate Taxes

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