Real Estate Advisory Services

Proactive tax planning that helps you minimize your taxes.

Individualized tax planning for real estate investors and business owners ready to scale.

Did you know taxes are often your largest expense?

Sadly for most taxpayers like yourself, this is true. Taxes can often represent 30-50%+ of your annual income.

What’s worse is many real estate investors never receive adequate tax advice or planning from their CPAs on how to reduce their tax bills. 

In fact, most real estate investors are leaving thousands of tax dollars on the table. We review 1,000s of real estate investor tax returns each year as part of our sales process and over 80% of them have errors or missed opportunities.

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Unbelievable, we know. But here’s why...

If you’re like many taxpayers, you meet with your CPA once per year to file your tax returns.

The problem with this is your tax return is just a report card of the previous year’s activities and the tax moves you made (or didn't make).

And while there are few things that we can correct retroactively, it's the actions

you take and strategies you implement throughout the year, and sometimes years in advance, that will impact the results of your tax return.

And that's where our structured Advisory and support plans come in.

Reduced by:

$130,000+

Tax Liability

Dropped to:

5.56%

Effective Tax rate

Generated over:

$315,000

In Rental Losses

IRA distribution

$50,000+

to fund acquisions

Reduced their tax liability

$62,000+

the following year

Reduced by:

$124,000+

Tax Liability

“With our guidance he acquired two short-term rentals and he was able to reduce his federal tax liability...”

“Before engaging our firm for tax planning, Joe, a successful Dentist had federal tax liability of $174,000 and an effective tax rate of 24.4%. Through our advisory service we identified that Joe could significantly reduce his tax bills by strategically acquiring short-term rental properties. With our guidance he acquired two short-term rentals and was able to reduce his federal tax liability to only $43,000 and effective rate to only 5.56% the following year. Joe plans to continue using this strategy to minimize his tax liability each year.”

Joe - Short-Term Rental Investor

“Ross gained confidence and clarity that qualifying as a real estate professional was in reach and tranisitioned into a successful full-time investor and agent.”

“Rachael was a successful doctor and Ross was transitioning into full-time investor when they started working with us. Through our guidance, Ross gained confidence and clarity that qualifying as a real estate professional was in reach and transitioned into a successful full-time investor and agent. After acquiring and managing several rental properties they were about to generate over $315,000 in rental losses from there properties, take an IRA distribution of over $50,000 to fund acquisitions, and still reduce their tax liability by over $62,000 from the following year.”

Rachael & Ross - REPS

“Larry acquired a luxury short-term rental property and was abe to reduce his tax liability by over $124,000.”

“Larry, a successful sales representive earned several million dollars in the year he engaged our firm for tax planning. With our guidance, Larry acquired a luxury short-term rental property and was able to reduce his tax liability by over $124,000. ”

Larry - Short-Term Rental Investor

What You Can Expect From Our Advisory Services

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Kick-Off Call

Meet your Accounting Advisor to discuss your business, engagement expectations, timeline, and transfer of the information required to complete your engagement.

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Planning Calls

Educate you on tax strategies we recommend so that you understand the strategy and the resulting tax benefits. Learn how to take advantage of the Tax Code and get your questions answered.

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Tax Plan

Your personalized plan on tax reduction strategies. Our recommendations and action steps for implementation will be documented here so that you can reflect back on them at any time to keep your plan on course.

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Minimized Tax Bills

You can count on Tax Strategy Foundation to provide you with a plan to minimize tax bills and ensure you're not missing out on major opportunities for tax savings. Our clients generally recoup their investment in 1-3 years.

Now you’ve got a Real Estate Tax Advisor:

The Planning Process

Our proven tax planning process provides you with a roadmap of the tax strategies and the actions you need to take to minimize your taxes based on your current situation and goals for the future.

Step 1 1

Onboarding & Discovery

We start by collecting baseline information and you'll hold a Kick-Off Call to meet your Advisor to review your current situation and goals for the future.

From there, you'll work closely with your Advisor over a 30-45 day window to identify opportunities and develop a tax plan to minimize your tax bills.

This includes...

  • Client Onboarding Questionnaire 
  • Review of Prior Year Tax Return & Accounting System 
  • Kick-Off Call with your dedicated Advisor 
Step 2 2

The Planning Phase

During the planning phase, you'll work closely with your Advisor over a 30-45 day window to identify opportunities and develop a tax plan to minimize your tax bills.

At the end of the planning phase, your Advisor will provide a written tax plan that summarizes each strategy, how it applies to you, and the action steps you need to take to capture the benefits of each strategy.

 

Our Process Includes

  • Two advisory calls  
  • Answering your most pressing questions 
  • Walkthrough of the strategies that will help minimize your tax liability 
  • Delivery of your written tax plan
Step 3 3

Ongoing Support

While the initial planning phase ends with the delivery of your tax plan, your Advisor will be available throughout the year to support you as your real estate venture grows.  

Ongoing Support includes:

  • Email support
  • Semi-annual or quarterly check-in calls
  • Review of financial performance and accounting

Real Estate Advisory Plans

Your secret weapon for minimizing taxes!

 
Advisory
Advisory Plus
Advisory Pro
Initial Planning Phase
Day 1 - 45
Kick-Off Call
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yes
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Review Prior Tax Return
yes
yes
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Accounting System Review
yes
yes
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Two Advisory Calls
yes
yes
yes
Strategy Blueprint
yes
yes
yes
Ongoing Support Phase
Day 46 - 365
Check-in Calls
Semi-Annually
Semi-Annually
Quarterly
Email Support

Email support is provided at no additional charges incurred within your engagement term. We strive to reply to all emails within 48 business hours. 

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yes
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Real Estate Tax Research

Although our team has significant real estate tax expertise and experience with a wide array of real estate situations, we have subscriptions to professional grade research software and publications that  provide access to tax court cases, case studies, and advice from other practitioners to help navigate uncommon or complex situations that you may encounter.

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On-demand calls

On-Demand Calls are generally brief calls between you and your Advisor to discuss an issue that might be better discussed via phone rather than a back and forth conversation via email.

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yes
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Calls w/ 3rd parties

These include calls and meetings we need to attend with attorneys, insurance brokers, financial planners, cost segregation professionals, and 1031 exchange qualified intermediaries.

no
yes
yes
Document Review

This includes time we spend reviewing loan agreements, operating agreements, subscription agreements, option agreements, lease agreements, and proformas.

Hourly
yes
yes
IRS Letter Support

IRS support means that we’ll review and prepare a written response to letters received from the IRS or state related to your income tax position. If you are being audited by the IRS or state, or if you need us to call the IRS on your behalf to work through a notice you’ve received we can provide assistance at an hourly rate.

Hourly
Hourly - 25% off
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Quarterly Tax Estimates

If our firm is preparing your personal tax return we’ll provide you with vouchers that include quarterly estimated tax payments for the following year based on the IRS safe harbor to help you avoid underpayment penalties and interest. However if you run a business or are liquidating real estate for a substantial gain, tax estimates can provide a more accurate estimate of the taxes you’ll actually owe in April of each year.

Hourly
Hourly - 25% off
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Tax Projections

While tax estimates determine the tax you’ll owe based on your actual facts and circumstances, tax projections estimate the potential tax consequences of various hypothetical scenarios including engaging in business activities, using a certain strategy to minimize taxes on active income to determine potential ROI, or determine the ideal exit strategy for a property.

Hourly
Hourly - 25% off
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All Packages Receive
Included For All Our Clients
Tax & Legal Summit Recordings

Each February we bring together experienced attorneys and tax professionals for a live 2-day event to present on the most cutting edge tax and legal strategies available for real estate investors.

While the live event is free, we charge the public for a copy of the recordings after the event. However, as an advisory client you’ll receive access to the recordings free of charge. 

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Monthly Workshop Access

Each month The Real Estate CPA Team conducts workshops on topics including but not limited to tax strategies, accounting, wealth building strategies, personal finance, real estate investing and more.

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Tax Smart Insiders Facebook Group

The Tax Smart Insider’s Facebook group is an exclusive community of like-minded investors looking to build tax-efficient wealth through real estate. 

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Tax Planning Toolbox
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Billing and Hourly Rates

Payments must be made up-front for all tax planning engagements. Hourly rates for on-going support range from $130-$450/hr. Plus and Pro plans include 25% the hourly rate when applicable. 

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no
no
Call Cancellation Policy

We understand things happen and scheduled calls may need to be rescheduled on short notice. As a courtesy, there is no cancellation fee the first instance a meeting (phone or video) needs to be rescheduled with less than 24 hours notice. However, for any subsequent meeting (phone or video) that is cancelled or rescheduled with less than 24 hours notice, or for any subsequent meeting in which you do not arrive at the scheduled time (i.e. a "no show"), we will apply a $150 cancellation fee to your account.

no
no
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Tax Preparation

Tax preparation is a separate service with a minimum annual investment of $1,500/year

no
no
no

Plans starting at $3,750

Schedule A Call Today!

Not ready? - Learn about other ways we can help your business:

If you're just getting started or aren't ready to scale your business or portfolio, check out our Tax Smart InvestorsTM Subscription Service where you can get professional tax advice at a fraction of the cost of one-on-one tax planning!

If you’re a high-net-worth individual with a large portfolio, syndicate, fund, or real estate investment company with specialized needs, check out our customized services.

Meet Your Experienced Advisors

Thomas-Castelli, CPA

Thomas Castelli, CPA Partner

Blake Lessard, CPA

Blake Lessard, CPA Senior Advisor

Naitik Patel, CPA

Naitik Patel, CPA Senior Advisor

Justin photo - tie

Justin Shore, EA Senior Advisor

FAQs

If you've never received quality real estate tax planning or advice, it can make sense regardless of where you are in your real estate journey.

We've helped brand new investors just starting out, investors with a handful of properties, as well as investors with large portfolios and sprawling empires.

We work with real estate investors and business owners of virtually all types. This includes single-family, multifamily, and commercial investors.

We’ve worked with clients who are just getting started to clients with dozens of properties. We also work with wholesalers, flippers, real estate agents/brokers, syndicates, and funds.

We live, breathe, and eat real estate tax!

We understand we may not be the lowest priced option around.

However, unlike most CPAs who simply prepare and file tax returns and never give any advice on how to improve your tax situation, we will be providing you with advice on how you can best take advantage of the tax code to minimize your tax bills and have the peace of mind that you’re not missing out on major tax-saving opportunities.

Additionally, most CPAs are generalists and aren’t even aware of all the opportunities, and in some cases, we’ve found they may actually be costing you money - making them not so cheap after all!

Our core focus is helping real estate investors and business owners minimize their tax bills. This is where we thrive and add the most value to our clients. 

We are also general business experts and can advise on general tax issues for most businesses, but may not be a specialist in your specific business or industry.

Yes, with the exception of our administration staff, all members of the firm are required to take at least 40 hours of continuing education (CPE) per year.

Recognizing this is a major pain point for our clients, we generally respond to emails 24-48 hours.

We've found that this policy has led to a better overall experience for our clients.

Yes, as part of our planning process our Advisors will generally review the prior year of tax return, if available, for errors and opportunities.

Should errors and opportunities be found, your Advisor will make you aware of them, their impact, and what your options are to fix them and/or make sure they don’t occur again in the future.

★★★★★

After working with multiple CPAs, we didn't think we'd ever find the right one. However, working with The Real Estate CPA was easy, quick, and efficient. They answered all our questions till we understood, this is exactly the kind of relationship we were looking to build with our CPA so that we can grow our tax knowledge.

Dominic and Jessica Franco - Business Owners