Refrain from paying the IRS more in cash taxes than is required if you’re situated in Seattle, WA. Real estate investors should enlist the services of an experienced Real Estate CPA who excels in formulating tax strategies, minimizing cash tax, and planning for future tax implications based on your specific income landscape. This expert should be knowledgeable about the latest tax law revisions to increase your after-tax profits and lessen your cash tax obligations now and in the future.

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

Discern Your Taxable Activities in Real Estate

• Passive and Non-Passive Activity Tax Implications.
• Strategies for Efficient Real Estate Tax Management.
• Attaining Real Estate Professional Status (REPS) for Tax Perks.
• Effective Tax Approaches for Short-term and Long-term Rentals.
• Options for Bonus Depreciation on Taxable Assets.
• Cost Segregation for Enhanced Tax Depreciation Benefits.

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

Various Tax Setups in Property Capital Investment

• Activity-focused tax structuring for legal entities.
• Strategic tax considerations for General and Limited Partners in real estate.
• Entity-level tax cost management.
• Comprehensive tax planning for multiple real estate engagements.

Strategic Tax Framework for Real Estate Sales

• Assess potential tax outcomes and create plans to lessen them.
• Advise on tax deferral strategies like 1031 (like-kind) and QOF (OZ) investment.
• Orchestrate a tax-effective exit for your real estate assets.

If your current tax professional or CPA has never initiated a conversation about these important tax strategies, it’s likely they don’t specialize in real estate tax and aren’t maximizing your tax advantages.

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.