I am a french mathematician and programmer living in Hong Kong. I started to invest in real estate in the late 90's. As I work in Asia since 2006, I started to compare my european investments with Japan, Hong Kong, and invested there. As I saw the recovery after 2009 financial crisis, I came to the conclusion that the US real estate was one of the best investment given the high rental yields and affordability of housing in the US.
When it comes to finance, my role model is the french mathematician Blaise Pascal. He was the inventor of a mechanical calculator in the early 17th century. Pascal designed the machine in 1642. He was spurred to it when participating in the burden of arithmetical labor involved in his father's official work as supervisor of taxes at Rouen. (source: wikpedia)
I decided to create this service to enable me to review how my initial profitability forecast compare to the actual numbers that are filed with tax returns. Things should be made as simple as possible, but not simpler. As I did not have the time and resources to maintain two sets of accounts, being able to compare preliminary investment data and metrics with accurate tax data was very important to me.
I expect that most investors would gain by looking at the numbers they report and those they use to make investment decision in a different way. I hope that people with like needs will find it useful.
This is a new service and I am launching it early as I am keen to get feedback from early users. You can contact me on sebastien dot hitier at gmail dot com. Please specify "Real Estate Investor Accounts and Tax" in the title of the mail.