Tax Strategy for Real Estate Investors, From Your First Rental to Your Next Deal.
Real estate rewards people who plan before the transaction, not after it. I bring a Big 4 real estate tax background to the decisions individual investors actually face.
Help at Every Point in the Life of a Property.
Structure It Right Before You Close
Who should own it, whether an LLC makes sense, how to allocate the price between land and building and what records to keep from day one.
Keep More of Every Rent Check
Depreciation and cost segregation, repairs versus improvements, passive loss rules and clean year-round books that make tax time simple.
Know the Tax Bill Before You List
Gain and depreciation recapture projections, 1031 exchange planning and timing the sale around the rest of your income.
Real Estate Tax, Explained.
Straightforward guides to the topics investors ask about most.
Rental Property Taxes
How rental income is taxed, what you can deduct and how the passive loss rules work.
Read the Guide →Depreciation & Cost Segregation
The biggest deduction most landlords have, and how to accelerate it.
Read the Guide →1031 Exchanges
How to sell a property and defer the tax by buying another one.
Read the Guide →Short-Term Rentals
Why Airbnb-style rentals are taxed differently, and when that helps you.
Read the Guide →LLCs & Entity Setup
What an LLC does and doesn't do for your taxes, and when to form one.
Read the Guide →Individual Investors, Not Institutions.
- First-time landlords with one or two doors
- Investors building toward a larger portfolio
- Short-term rental owners
- Families who own property together
- Investors who also own a business
- People planning their first purchase
Do I need a CPA for one rental property?
You don't have to have one, but the first year sets up your depreciation, your records and possibly your entity for as long as you own the property. Getting those right once saves years of cleanup.
Can rental losses offset my W-2 income?
Usually only in limited cases. Rental losses are generally passive, but you may deduct up to $25,000 if you actively participate and your modified adjusted gross income is under $100,000, with the allowance phasing out by $150,000. Real estate professionals and certain short-term rentals can be treated differently.
When should I talk to a CPA about buying or selling?
Before you sign. Ownership structure, purchase price allocation and 1031 deadlines are much easier to plan than to fix.
Thinking About Your Next Property? Start With the Plan.
Tell me about your properties, business or goals. I'll tell you plainly whether Groundwork is a good fit.
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