Rental Properties and Real Estate Returns
Real estate has its own rules, and most owners discover that too late. Whether you own one rental property or a portfolio held through a partnership, the tax result depends heavily on how the activity is classified, what elections are in place, and whether planning happened before the sale.
Common work includes:
- Schedule E on Form 1040 for individual rental property owners
- Form 1065 and Form 8825 for partnerships and multi-member LLCs
- Residential and commercial rental property reporting
- Short-term rental tax treatment and compliance
- Depreciation, cost segregation, and repair vs. capitalize decisions
- Passive loss planning and Real Estate Professional Status
- 1031 exchange coordination and gain modeling
- Partnership returns and K-1s for real estate LLCs
Depreciation, Passive Losses, and Exit Planning
Real estate tax planning covers a lot of ground: depreciation decisions, passive loss rules, REPS qualification, short-term rental treatment, and exit strategy. The resource hub below covers the most common planning areas in depth.
Full Suite
Rental property returns are only as good as the records behind them. For owners who want one firm handling both sides, we offer bookkeeping and back office support alongside the tax work.
Foreign Owners of U.S. Real Estate
Foreign nationals who own U.S. rental property or are selling U.S. real estate face a different set of rules.
Rental Owners and Investors We Work With
We work with individual landlords reporting on Schedule E, short-term rental operators, commercial property owners, and partnerships or LLCs that hold investment real estate and file Form 1065. It is also a good fit for owners who are behind on depreciation, planning a sale, or trying to understand whether their losses are actually deductible.