Real Estate Advisory Services
Individualized tax planning for real estate investors and business owners ready to scale.
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.
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.
Effective Tax rate
In Rental Losses
to fund acquisions
Reduced their tax liability
the following year
“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.”
“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.”
“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. ”
Meet your Accounting Advisor to discuss your business, engagement expectations, timeline, and transfer of the information required to complete your engagement.
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.
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.
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.
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.
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.
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.
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.
Your secret weapon for minimizing taxes!
Email support is provided at no additional charges incurred within your engagement term. We strive to reply to all emails within 48 business hours.
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.
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.
These include calls and meetings we need to attend with attorneys, insurance brokers, financial planners, cost segregation professionals, and 1031 exchange qualified intermediaries.
This includes time we spend reviewing loan agreements, operating agreements, subscription agreements, option agreements, lease agreements, and proformas.
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.
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.
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.
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.
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.
The Tax Smart Insider’s Facebook group is an exclusive community of like-minded investors looking to build tax-efficient wealth through real estate.
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.
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.
Tax preparation is a separate service with a minimum annual investment of $1,500/year
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.
Naitik is a Senior Advisor here at the firm with prior Big 4 real estate tax experience and was the former President of his family's real estate investment business that owned and operated residential and commercial real estate assets. Today, Naitik helps real estate investors minimize their tax bills through proactive tax strategy and planning.
Justin is a Senior Advisor with nearly 10 years of accounting and tax experience.
Prior to joining The Real Estate CPA, Justin held a position as an Accounting Manager at a REIT where he was responsible for all areas of their accounting department. He then started his own firm providing accounting, tax preparation, and consulting services to real estate investors and small business owners.
Justin is a real estate investor himself and passionate about helping other investors minimize their taxes, streamline accounting, and grow their business.
Ryan is a Senior Advisor here at the firm who has a passion for helping his clients identify and implement tax strategies that will reduce their tax bills.
He is also an investor himself with several direct holdings as well an LP interest in a syndicate.
Gabriel is Senior Advisor here at the firm who loves to help client reduce their tax liability. He stays up to date with industry developments and is always looking for additional strategies to help clients save money.
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.
Hall CPA PLLC, real estate CPAs and advisors, helped me save $37,818 on taxes by recommending and assisting with a cost segregation study. With strategic multifamily rehab and the $2,500 de minimus safe harbor plus cost segregation, taxes on my real estate have been non-existent for a few years (and that includes offsetting large capital gains from the sale of property).