Passive loss limitations
Losses you cannot currently use are worth far less than losses you can. Grouping and participation status decide which you have.
Real Estate & Property
Real Estate & Property — tax and accounting that fits how you actually operate
Depreciation, basis and participation status decide the after-tax return — long before the tenant pays rent.
What goes wrong
The five things that cost real estate & property businesses money
Repair versus improvement
The same $12,000 of work can be a deduction this year or depreciated over 27.5. The distinction is technical and worth real money.
Basis tracking
Basis errors accumulate silently for a decade and then surface in the gain calculation on sale.
Exchange timing
Forty-five days to identify, one hundred and eighty to close. There is no extension and no sympathy.
Agent income volatility
Commission income arrives unevenly. Quarterly estimates and entity structure need to account for that.
What we do about it
How we work with you
- Per-property books and a portfolio-level consolidation
- Depreciation schedules maintained through improvements and dispositions
- Honest cost-segregation modelling before you commission a study
- 1031 exchange timelines tracked with your qualified intermediary
- Agent and broker entity structuring and estimated payment planning
Services
What this usually involves
Real Estate & Investor Accounting
Depreciation, cost segregation, material participation and exchange planning decide the return as much as the purchase price does.
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Proactive Tax Planning & Strategy
Planning is the part of the work that actually moves the number. We model your year while there is still time to change it — and show you, in dollars, what each decision is worth.
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Bookkeeping & Monthly Close
Reconciled every month, closed on a schedule, and delivered with a short note explaining what changed. Not a shoebox reconstructed in March.
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Let’s look at your real estate & property numbers.
Bring last year’s return and a month of books. Thirty minutes, no charge, and a straight answer about what we would change.