Tax for Real Estate
Tax for real estate-related matters can take on virtually unlimited forms. Below, we summarize a few common types of client requests:
Tax Returns for Individuals with Rental Properties
We specialize in handling tax returns for rental properties, whether they are in your state of residence, out-of-state, or outside the country. These are all common situations for us. If you are new to investing in rental properties and want to learn the tax and operational basics related to this exciting type of investment, you can schedule a call with our team to learn the pros and cons of real estate investing.
1031 Exchanges
As a 1031 exchange intermediary, we can guide you through the entire 1031 exchange process. If you are unsure whether a 1031 exchange makes sense for you, contact us to schedule an appointment to understand how the process works.
House Flips
We have numerous clients who either flip homes full-time or have several projects as side ventures. Our team specializes in tax optimization and strategy for these situations and will ensure you are maximizing all possible deductions and exclusions.
Sale of Primary Residence
We frequently consult with clients regarding the sale of their homes. Common questions include: Will I pay taxes on the capital gains? If so, how much can I expect to pay?
Real Estate Agents
With countless leading real estate agents as clients, we have extensive experience with tax planning and strategy for this type of taxpayer. The opportunities for tax strategy here are endless, from structuring as an S-corp, C-corp, or LLC to SEP/Solo 401(k) plans and other tax deferral strategies. Whether you need annual tax preparation or a consulting call to determine a tax optimization strategy, reach out to us below.
Services for HOAs, HDFCs, Condos, Co-ops, Cond-ops, or Condo-Tels
We perform the full range of services for these clients, including monthly bookkeeping, annual financial statement audits, reviews or compilations, 1120-H or annual tax filings, quarterly taxes, payroll, and 1099 issuance. We also offer outsourcing for self-managed buildings. Just reach out through our web form below.
Property Management
We offer streamlined financial services for property managers and owners. Our services include bookkeeping, financial reporting, budgeting, rent roll management, expense tracking, tax planning, and financial analysis. Trust us to handle your property’s financial operations while you focus on core business activities.
Private Equity Funds that Invest in Real Estate
We are a full-service for PE funds focusing on real estate, providing fund administration, partners’ capital statement issuance, K-1s, annual returns, 1099s, monthly/quarterly/annual statements, and annual audits, reviews, and compilations.
Reach out to our team today to discuss your specific needs and learn how we can assist with your real estate tax requirements.