Our Service Methodology and Pricing

The Real Estate CPA™ is the brand for our professional services company, Hall CPA PLLC. All professional services will be provided through Hall CPA PLLC.

We have found that our services are most valuable when we offer you uninterrupted access to us for tax, accounting, and finance questions and undergo tax planning with you in the fall. Our clients have expressed that an ongoing relationship with a CPA is what they really need.

For this full year service, we bill on a monthly basis. Billing monthly better aligns with the value we bring to the relationship, and it encourages both client and advisor to keep in touch on a consistent basis. We value being a part of your core team and a trusted advisor to your real estate endeavors.

BASIC

$200 per month

Tax Preparation for Individuals
Ongoing Email Support
Two Strategy Calls
Tax Return Walkthrough Phone Call
Premium Newsletter
Updates on Tax Changes
Rental Property Bookkeeping Tool
*Includes 5 properties or 20 units

PLUS

$400 per month

Everything in BASIC, plus:
Tax Planning & Strategy
Financial Coaching
QuickBooks/Xero Setup
Estimated Quarterly Taxes
IRS Correspondence Support
Two Strategy Calls (Four Total)
*Includes 10 properties or 40 units

PREMIUM

$700 per month

Everything In PLUS, plus:
Tax Preparation for Partnership or Corp
Business Coaching & Planning
Personal Financial Planning
Real Estate Portfolio Planning
Real Estate Deal Analysis
IRS Audit Support
Unlimited Strategy Calls
Priority Scheduling & Access
*Includes 15 properties or 60 units

ENTERPRISE

CUSTOM Plans and Pricing

Have a larger business?
Contact us for custom plans and pricing!
Custom plans generally include:
Accounting/Bookkeeping
CFO Outsourcing
Financial Reporting*
Investor Reporting*
Cash Flow Management
Payroll Processing
Systems Implementation
Tax Compliance
Tax Planning and Consulting
*We do not provide Audits, Reviews, or Compilation services

Service Package Details

BASIC

Best for: new to mid-sized investors who want a CPA on their team but don’t necessarily need a full range of services.

Overview: With a BASIC plan, you will have two scheduled phone calls with your CPA per year. Your CPA will be available via email to answer questions that may arise throughout the year and you will be updated on any federal tax changes.

Suggested Add-Ons: IRS Correspondence Support and Unlimited Phone Support.

PLUS

Best for: mid-sized investors or business owners who want a CPA on their team, desire more frequent and thorough support, and want to develop a tax plan and strategy.

Overview: With a PLUS plan, you will have quarterly scheduled phone calls with your CPA. Your CPA will be better ingrained in your venture allowing you to receive much more value from the ongoing advice and strategy over the BASIC plan. You will develop a comprehensive tax plan with your CPA encompassing your current financial position and your future personal and financial goals.

Your CPA will be available via email to answer questions that may arise throughout the year and you will be updated on any federal tax changes.

Suggested Add-Ons: Unlimited Phone Support and Bookkeeping.

PREMIUM

Best for:  investors or business owners who are established or have a rapid growth plan and want a CPA as a close advisor, desire frequent and thorough support, want to develop a comprehensive tax plan, and want help with business direction and strategy.

Overview: With the PREMIUM plan, you’ll build a close relationship with your CPA. Your CPA will have a thorough understanding of your personal, financial, and business goals and will help you develop and maintain a plan that allows you to meet your goals.

Your CPA will help you strategize on the investment and business side and help you determine where it is you want to take your growth and what your “number” is.

You’ll benefit from our knowledge of real estate deals. Before placing an offer on a property, we will walk you through financial projections and help you determine an internal rate of return.

Audit worries will be a thing of the past. We vow to support you during an audit and won’t charge you any additional fees.

Priority scheduling and unlimited phone support ensure that you get your questions answered when you need them answered.

Suggested Add-Ons: Bookkeeping, Monthly Reports, and Tax Preparation for Partnerships or Corporations.

Our Premium Newsletter

Our Premium Newsletter will feature content and advice solely for newsletter participants. The newsletter’s content will never be available on The Real Estate CPA’s website and will only be sent to our current clients.

The Premium Newsletter will feature special guest interviews and discounts for different types of services.

Frequently Asked Questions

Can you tell me more about your contracts?
Speaking of contracts, how do they work and if I join mid-year, what is my monthly price?
What if I buy more property during the middle of my contract?
Is there any tax or business planning included in the BASIC plan?
What is the difference between tax planning, business coaching and planning, and personal financial planning?
What does tax planning include?
What if I have more properties or units than the maximum per plan?

Can you tell me more about your contracts?

Our contracts are based on a 12 month calendar. The prices you see per plan are assuming the contract is a full 12 months.

For example, a 2016 contract begins 1/1/2016 and ends 12/31/2016. All services will stop being rendered on 12/31, with the exception of tax preparation as your 2016 returns will be included in the contract.

To illustrate, you could have a 2016 contract with us, not renew in 2017, and we’d still prepare and file your 2016 returns.

Speaking of contracts, how do they work and if I join mid-year, what is my monthly price?

Plans are billed monthly and will start when you sign an engagement letter and end in 12 months. Our contract will cover tax preparation for the calendar year in which we initiate the contract.

For example, if you join us in November 2016, your contract will start in November 2016, will include 2016 tax preparation, and will go through October 2017 but will not cover 2017 tax preparation. You will need to enter into a new contract in November 2017 to have 2017 taxes prepared.

What if I buy more property during the middle of my contract?

If you buy more property during the middle of your contract with us, and the new property or unit count increases above the maximum amount allowed per your plan, we will simply add an addendum to the contract and adjust the price from that point forward.

Is there any tax or business planning included in the BASIC plan?

No. The BASIC plan includes basic services intended to get you headed in the right direction. Your ongoing email access and semi-annual phone calls will allow you to get your questions answered and be provided guidance. While we don’t include tax planning in this plan, it doesn’t mean you won’t receive any tax planning or advice. It just means there won’t be a deliberate effort to develop a tailored plan.

We’re all about feasibility and have realized that most new investors don’t benefit from a full-blown tax plan. It will likely cost more than it may be worth. However, new investors will benefit from having ongoing access to a CPA of whom they can ask questions.

What is the difference between tax planning, business coaching and planning, and personal financial planning?

Tax planning is all about reducing tax liability, minimizing risks and really interpreting the tax laws as they apply to the individual business owner and/or company operations.  It is individualized and will be unique to your personal tax position. We will look at your current position and goals, identify tax inefficiencies, recommend tax strategies, and help you implement those strategies.

Business Coaching and overall planning is focused on achieving well-formed outcomes and specific goals of the management team or business owner that may or may not just affect professional aspirations – this requires a superlative consultative approach that includes recommendations outside the parameter of tax advice.

Personal financial planning is all about building wealth, identifying wealth goals and values, and overcoming hurdles keeping you from achieving your financial dreams. We will clarify the present situation by collecting your personal financial data (assets, liabilities, held securities, insurance policies, wills, trusts, etc). We will work with you to set personal financial goals and objectives for you and your family and clarify personal and financial values by looking at issues such as paying for children’s college, supporting aging parents, and relieving immediate financial pressures. We will then help you identify financial problems that create barriers to realizing your goals, provide you with a written plan, help you implement the agreed upon recommendations from your plan, and review and revise your plan on a quarterly basis.

What does tax planning include?

Our tax planning is for both individuals and businesses and will include an initial questionnaire to better understand your current financial position. We’ll analyze future expected income and asset growth and map out tax strategies that run parallel to that growth.

Once that initial phase is complete, we’ll develop strategies tailored to your unique situation. Such strategies may include:

  • Maximizing profitability to build wealth;
  • Developing an entity strategy and learning about business write-offs;
  • Determining how to pull money out of your business or investments in a tax-free manner;
  • Building multi-year strategies that allow you to maximize the return on your investments or businesses;
  • Estate and inheritance tax minimization;
  • Retirement planning and determining the best use of retirement vehicles; and
  • Location arbitrage – does a certain state or country provide tax shelters you can utilize?

After developing the tax plan, we’ll help you implement the strategies and we’ll have scheduled check-in calls to see how things are going and determine whether or not the plan needs to change.

What if I have more properties or units than the maximum per plan?

If you have more properties or units than the desired plan, we will simply increase the monthly price to accommodate the additional workload.

For example, if you have 11 single family homes and you are on the PLUS plan, we will increase the price per month to account for the additional property.

Another example: say you have 40 units and buy a duplex, increasing your total unit count to 42. We will increase the price per month to account for the additional two units.

And a third example: if you have nine single family rentals and buy a 31 unit apartment complex, this will put you at the max of 10 properties or 40 units which means we won’t increase your price. Crazy, I know. It’s a risk we’re taking.

For current pricing, view the Additional Services above for the additional unit cost per month.