Don’t let the IRS take more in cash taxes than necessary if you’re a Nashville, TN resident. Real estate investors should engage an accomplished Real Estate CPA who specializes in optimizing tax strategies, reducing cash tax burdens, and planning for future tax scenarios based on your specific income profile. This professional should be current on all new tax laws to optimize your after-tax cash flow and minimize your cash tax for both this year and those to come.
Looking to hire a Real Estate CPA? Look for one experienced in:
Strategic Tax Planning for Real Estate Transactions
- Project upcoming tax obligations and strategize to lower your tax bill.
- Endorse tax deferral techniques such as 1031 and QOF (OZ) investments.
- Facilitate a tax-smart exit from your real estate investment.
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
Understand Your Unique Tax Liabilities in Real Estate
- Passive vs Non-Passive Activity Distinctions.
- Elective Tax Minimization Strategies in Real Estate.
- Obtaining Real Estate Professional Status (REPS) for Tax Relief.
- Strategic Tax Planning for Short-term and Long-term Rentals.
- Asset Bonus Depreciation Election Options.
- Maximizing Tax Benefits through Cost Segregation.
Multiple Taxation Models in Real Estate Investing
- Legal entity structuring per activity for tax optimization.
- Strategic tax planning for General and Limited Partners.
- Entity-level tax payment administration.
- Unified tax strategy for diverse real estate activities.
If your current CPA or tax consultant has never touched upon these vital tax strategies, chances are they’re not well-versed in real estate tax and aren’t leveraging optimal tax strategies for you.
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.