Taxes don't have to be your largest expense
Taxes often represent 30-50%+ of your annual income and many real estate investors never receive proactive tax planning from their CPAs.
We review 1,000s of real estate investor tax returns each year from prospective clients and over 80% of them have errors or missed opportunities.
If you are serious about scaling your portfolio, it's time to upgrade your CPA team.
How Our Tax Strategy Service Works
Kick-Off Call
Meet your Accounting Advisor to discuss your business, engagement expectations, timeline, and transfer of the information required to complete your engagement.
Strategy Calls
We will educate you on tax strategies we recommend so you fully understand the tax benefits. Learn how to take advantage of the Tax Code and get your questions answered.
Tax Plan
Your personalized plan on tax reduction strategies. Our recommendations and action steps for implementation will be documented here so that you can reflect back on them at any time to keep your plan on course.
Minimized Tax Bills
You can count on our tax strategy service to provide you with a plan to minimize tax bills and ensure you're not missing out on major opportunities for tax savings. Our clients generally recoup their investment in 1-3 years.
Our Planning Process
Our proven tax planning process provides you with a roadmap of the tax strategies and the actions you need to take to minimize your taxes based on your current situation and goals for the future.
Step 1: Onboarding & Discovery
We start by collecting baseline information and you'll hold a Kick-Off Call to meet your Advisor to review your current situation and goals for the future.
From there, you'll work closely with your Advisor over a 30-45 day window to identify opportunities and develop a tax plan to minimize your tax bills.
This includes...
- Client Onboarding Questionnaire
- Review of Prior Year Tax Return & Accounting System
- Kick-Off Call with your dedicated Advisor
Step 2: The Planning Phase
During the planning phase, you'll work closely with your Advisor over a 30-45 day window to identify opportunities and develop a tax plan to minimize your tax bills.
At the end of the planning phase, your Advisor will provide a written tax plan that summarizes each strategy, how it applies to you, and the action steps you need to take to capture the benefits of each strategy.
Our Process Includes
- Multiple advisory calls
- Answering your most pressing questions
- Walkthrough of the strategies that will help minimize your tax liability
- Delivery of your written tax plan
Step 3: Ongoing Support
After the initial planning phase, your Advisor will continue to support you throughout the rest of the year as your real estate venture grows.
Ongoing Support includes:
- Email support
- Semi-annual or quarterly check-in calls
- Review of financial performance and accounting
We have a proven track record
Tax Liability Reduced by:
$62,000+
“I gained confidence and clarity that qualifying as a real estate professional was in reach which helped me transition into a successful full-time investor and agent.”
Rachel was a successful doctor and her husband was transitioning into real estate investing full-time when they started working with us. With our guidance, he gained confidence and clarity that qualifying as a real estate professional was in reach and transitioned into a successful full-time investor and agent. After acquiring and managing several rental properties they generated over $315,000 in rental losses from their properties and reduced their tax liability by over $62,000 (even after taking an IRA distribution of over $50,000 to fund acquisitions).”
Rachel - Real Estate Professional
Tax Liability Reduced by:
$130,000+
“With Hall CPA's guidance, I acquired two short-term rentals and reduced my tax liability by $174,000.”
Before engaging our firm for tax planning, Joe, a successful Dentist, had federal tax liability of $174,000 and an effective tax rate of 24.4%. Joe engaged us for tax strategy services and we identified that he could significantly reduce his tax bills by strategically acquiring short-term rental properties. With our guidance, he acquired two short-term rentals and was able to reduce his federal tax liability to only $43,000 and effective rate to only 5.56% the following year. Joe plans to continue using this strategy to minimize his tax liability each year.
Joe - Short-Term Rental Investor
Tax Liability Reduced by:
$124,000+
“With the knowledge gained from our tax strategy sessions, I was able to acquire a luxury short-term rental, self-manage it, cost segregate it, and reduce my tax liability by over $124,000.”
Larry, a successful sales representative earned several million dollars in the year he engaged our firm for tax planning. With our guidance, Larry acquired a luxury short-term rental property and self-managed it. He was able to reduce his tax liability by over $124,000.”
Larry - High Income Earner
Frequently Asked Questions
If you've never received quality real estate tax planning or advice, it can make sense regardless of where you are in your real estate journey.
We've helped brand new investors just starting out, investors with a handful of properties, as well as investors with large portfolios and sprawling empires.