Avoid paying excess cash taxes to the IRS, especially if you’re based in Indianapolis, IN. Real estate investors would benefit from an adept Real Estate CPA who can fine-tune their tax strategies, minimize cash tax outflows, and craft future tax plans around their unique income circumstances. This expert should be well-versed in the most recent tax legislation to maximize your after-tax income and cut down your cash tax obligations for the present and future.

Looking to hire a Real Estate CPA? Look for one experienced in:

Grasp Your Specific Tax Obligations in Real Estate

• Distinguishing Between Passive and Non-Passive Real Estate Activities.
• Elective Methods to Lower Real Estate Taxes.
• Securing Real Estate Professional Status (REPS) for Tax Advantages.
• Short-term vs Long-term Rental Tax Approaches.
• Choosing Bonus Depreciation for Asset Taxation.
• Cost Segregation Studies for Enhanced Tax Depreciation.

Now more than ever with the news below.

The IRS announced that is increasing its scrutiny of "high-income earners & partnerships". Targeting those with Real Estate activities & complex partnership structures. Also, they will rely on the help of AI for their examinations of these. New world for the IRS & taxpayers😅

— Johan G. (@aftertaxcash) September 11, 2023

Varied Tax Schemes in Real Estate Investments

• Activity-based tax structuring for legal entities.
• Tax strategy for General and Limited Partners in property investment.
• Managing taxes at the entity level.
• Consolidated tax planning for multiple real estate operations.

Optimizing Tax Strategies for Real Estate Sales

• Anticipate future tax implications and formulate plans to mitigate them.
• Advocate for tax deferral options like 1031 (like-kind) and Opportunity Zone (OZ) investments.
• Conclude your real estate investment in a tax-advantageous manner.

If your present tax accountant or CPA hasn’t mentioned these essential tax approaches, it’s likely they’re not experts in real estate tax planning and aren’t optimizing your tax benefits.

Again, do not overpay income taxes. Find an experienced Real Estate CPA that can help you minimize cash taxes.

My firm, JG CPA & Advisory, where we specialize in real estate taxes is currently accepting new clients for tax year 2023. If you would be interested in consultation or our services, complete the webform here. Or our short form on our website. We will contact you and set-up a meeting with you shortly after submission.