Owning rental property offers significant financial benefits, but it also comes with unique tax and accounting challenges. At the Haigler CPA Group, LLC, we specialize in helping real estate investors and property owners maximize their rental income while staying compliant with ever-changing tax laws. Whether you own a single property or a large portfolio, our team of experienced CPAs can provide the expert advice and support you need to navigate the complexities of rental real estate ownership.
Rental real estate comes with a variety of tax considerations, from depreciation and deductions to passive activity rules. We provide proactive tax planning to ensure you’re taking advantage of all available tax-saving opportunities while remaining compliant with federal, state, and local tax laws.
Rental property income must be reported accurately to avoid penalties and ensure compliance. We handle the preparation and filing of your real estate tax returns, ensuring that all eligible deductions are claimed and that your returns are filed correctly.
If you’re selling a rental property and planning to reinvest in another, a 1031 exchange can help you defer capital gains taxes. We guide you through the 1031 exchange process to ensure compliance with IRS rules and to maximize the tax deferral benefits.
Entity Structuring for Real Estate The structure of your rental property ownership can have a significant impact on your tax liabilities and legal protections. We provide expert advice on entity selection and structuring, whether it’s more beneficial for you to hold properties as an individual, in an LLC, or through other entities.
Commitment to Compliance: We stay up-to-date with ever-changing tax laws and ensure that your business remains compliant.
