Property Developers & Builders Accountant
1000+
Satisfied Clients & Partners
AFFORDABLE Accountant for Property Developers & Builders
Toronto property developers and builders face complex accounting challenges – from land development cost capitalization to HST new housing rebate deadlines to joint venture profit waterfalls. Many lose 8-12% of project margins due to missed rebates, poor cost certifications, and tax allocation disputes between partners.
Our affordable accountants for property developers & builders handle everything: cost certification from land purchase to certificate of occupancy, HST rebate administration (36-month windows), profit participation calculations, and CRA-ready records. Fixed pricing – significantly less than Big 4 rates with specialized GTA development expertise.
Official Partner
Accounting Built for Property Developers & Builders
Toronto-area developers and builders often lose 8–12% of project margins due to inaccurate cost certifications, missed HST new housing rebates, and poor tracking of land and construction costs.
We provide development-focused accounting that covers land acquisition and allocation, HST rebate optimization, joint venture waterfall accounting, and lender-ready cost certifications, so your projects stay compliant, financeable, and profitable from land purchase to occupancy.
HST Rebates
Missed or incorrectly filed new housing rebates can cost $100K+ per project.
Cost Certifications
Accurate land-to-construction cost tracking prepared to meet lender and investor requirements.
JV Waterfalls
Clear profit-sharing and waterfall calculations to prevent partner disputes and audit issues.
Land Cost Allocation
Proper separation of capital vs. current costs under CRA rules to protect deductions and margins.
Stay Compliant While You Scale
CRA & HST Compliance
Accurate filings and documentation to avoid audits, penalties, and delayed rebates as projects expand.
Lender-Ready Financials
Clear, well-structured reporting that meets bank, investor, and construction financing standards.
Scalable Accounting Systems
Processes built to handle multiple projects, entities, and joint ventures without losing visibility or control.
Why Property Developers & Builders work with Gondaliya CPA?
Construction-Focused Expertise
We understand land acquisition, development phases, cost certifications, and construction-specific tax rules.
HST & Rebate Accuracy
Proper handling of HST, new housing rebates, and input tax credits to prevent costly overpayments or clawbacks.
Lender & Investor-Ready Reporting
Financials structured to meet bank draw schedules, JV reporting, and investor transparency requirements.
Risk & Compliance Protection
Proactive compliance with CRA, corporate tax, and audit standards to reduce exposure as projects scale.
Fully Licensed CPA Ontario
500+ ★★★★★ Google Reviews
30-Day Money-Back Guarantee
60-Day Fees-Matching Policy
Accounting Services Tailored for Property Developers & Builders
Free Resource: 50 Deductible Expense for Property Developers & Builders
Comprehensive checklist of tax-deductible costs unique to Property Developers & Builders. PDF delivered instantly.
Case Studies
Liberty Village Condo Development
Problem: The developer was at risk of losing significant HST New Housing Rebates due to incorrect unit classifications and incomplete rebate documentation.
Solution: Gondaliya CPA reviewed unit allocations, corrected HST filings, and coordinated rebate submissions aligned with CRA requirements.
Results: $285,000 in HST rebates recovered, protecting project margins and improving cash flow.
Etobicoke Townhome Project
Problem: Joint venture partners disputed profit splits due to unclear waterfall calculations and inconsistent cost allocations.
Solution: We rebuilt the JV accounting structure, validated capital contributions, and clarified waterfall distributions for all stakeholders.
Results: JV dispute resolved, partners aligned, and project financing moved forward without delays.
Mississauga Commercial Plaza
Problem:
Rising construction costs and poor cost tracking were reducing profitability and creating lender concerns.
Solution:
Gondaliya CPA implemented detailed cost certification, separated capital vs current costs, and tightened expense controls.
Results:
9% total project cost savings, plus lender-ready financials that supported refinancing.
We make managing your company’s finances simple and stress-free. Our transparent process keeps you informed and investor-ready at every stage.
Here’s a simplified process approach:
- Assess Financial Needs
- Develop Strategic Goals
- Tailor Financial Solutions
- Implement & Monitor
- Provide Ongoing Support
- Ensure Compliance and Risk
Step 1
Free Consulatation
We start with a no-obligation consultation to understand your business, financial needs, and growth goals.
Step 2
Accounting Setup
From bookkeeping systems to cloud-based tools, we set up your accounting infrastructure for accuracy, efficiency, and scalability.
Step 3
Monthly Bookkeeping & Reporting
We handle day-to-day bookkeeping, reconcile accounts, and deliver clear, easy-to-read reports so you always know your financial position.
Step 4
Tax Compliance & Filing
Stay compliant with CRA requirements—GST/HST, payroll, and corporate taxes—while avoiding penalties and surprises.
Get personalized advice for Tax 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 Lead Property Developers & Builders Tax Accountants
Google Reviews
See all on Google
Google Reviews
See all on GoogleSupporting Property Developers & Builders Across Ontario
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)
Property Developers & Builders Accounting FAQs
Do property developers need a specialized accountant in Ontario?
Yes. Development projects involve HST, cost certifications, holdbacks, joint ventures, and lender reporting that general accountants often miss.
A specialist helps prevent costly compliance gaps and financing delays.
How is HST handled on new residential construction projects?
HST must be tracked by project, including eligibility for New Housing Rebates and proper timing of self-assessments and filings.
Errors can result in denied rebates or unexpected CRA reassessments.
What are cost certifications and why do lenders require them?
Cost certifications confirm actual project costs versus budgets and are required by lenders before releasing construction draws. They provide lenders with confidence that funds are being used appropriately.
How should land acquisition and soft costs be recorded for tax purposes?
Land costs are capitalized, while soft costs may be capitalized or expensed depending on CRA rules and project stage.
Incorrect classification can distort profits and trigger tax issues.
Can accounting errors delay construction financing?
Yes. Inaccurate cost tracking, missing documentation, or incorrect HST treatment can delay or block lender funding. This can slow construction timelines and increase carrying costs.
How are joint venture (JV) profits split and reported for tax?
JV profit splits follow agreed waterfall structures and must be correctly allocated to avoid disputes and CRA issues. Clear reporting protects relationships between partners.
Do passive income or holding companies affect development tax planning?
Yes. Holding structures impact HST flow, small business deduction access, and overall tax efficiency.
Proper structuring can significantly improve after-tax returns.
When should developers register separate corporations for projects?
Separate entities are often used for risk management, financing requirements, and cleaner accounting for each project. This also simplifies audits and potential project exits.
What records does CRA commonly review for developers and builders?
CRA often reviews HST rebates, construction costs, subcontractor payments, and shareholder loans.
Strong documentation reduces audit risk and penalties.
How can proper accounting improve project profitability?
Accurate cost tracking, HST recovery, and tax planning protect margins and support better financing and exit outcomes. This allows developers to scale with confidence and control.
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