Real Estate Tax Services
Tax Planning and Preparation for Real Estate Investments or Rental Properties
Our team at Marlene Van Sickle CPA specializes in tax planning and preparation for rental property owners or real estate investors, including short-term rentals. Our firm is well-versed in real estate tax benefits and reporting requirements.
Whether part of your personal finances or business entity, we can help you make the most of your real estate investments. If you are buying, selling, leasing, or managing real estate, we can help you determine and achieve the maximum tax benefits.
Real estate tax preparation is complex. Incorrect or incomplete tax returns can cost you thousands of dollars over the years of ownership. In addition to preparing your business tax return, we recommend that our firm also prepare and file your personal 1040 return. This ensures you receive the most advantageous tax benefits.
We welcome new rental property owners or real estate investors with properties in Texas.
Real Estate Tax Package Features
Expense Analysis
Over 60% of the tax returns we review contain errors or missed opportunities. We will assess and analyze your real estate or rental property expenses to ensure you are receiving every legal opportunity to reduce your tax burden. We ask our clients to use QuickBooks Online.
Real Estate Tax Filing
We will prepare the appropriate tax return for you: 1040 return including the appropriate schedule (E or C). We also will do extension filing, as needed, and prepare estimated tax payment vouchers.
Quarterly Check-in
We provide ongoing tax consulting as part of our annual engagement with you. Each year, we will review your real estate financials every quarter to optimize your tax planning. We will contact you with any concerns or to let you know that everything is on track for the year, giving you peace of mind.
Access to Experts
In addition to quarterly reviews, we also include year-round access to our tax team to help address surprises and changes that occasional happen. Simply send us an email or schedule a quick phone call and we will discuss whatever tax concerns you have.
Customized your Package with Additional Services
Based on the needs of your real estate investments or rental properties, we offer additional services that can be added to your business tax preparation package. These services include LLC setup, S-corp election analysis and filing, 1031 exchange consulting, and Quickbooks Online setup. Any additional service will be priced upfront and can be included within a payment plan.
We are here to help you, so ask us about other tax-related services you may need. There’s a good chance we can complete your request or we know someone qualified who can.
Tax Insights for Real Estate Investments
