IRS Tax Resolution & Specialized Accounting for Real Estate Investors in Austin
Protecting your investment portfolio from costly IRS challenges. Expert guidance on cost segregation, 1031 exchanges, and real estate professional status.
Trusted by Austin-area real estate investors, landlords, and property management companies
The Real Estate Tax Nightmare
These are the industry-specific tax problems that catch real estate & property management businesses off guard:
Real Estate Professional Status Audits
Claiming REP status to deduct rental losses against other income is a major IRS audit trigger. Without meticulous time logs and documentation, your deductions are denied.
The Consequence: Denied REP status means suspended losses for years, plus accuracy penalties. The IRS may also look at prior years, creating a cascade of amended returns and additional tax.
1031 Exchange Gone Wrong
Strict 1031 exchange deadlines and like-kind requirements trip up many investors. One wrong move—a missed 45-day ID deadline or boot received—and the entire exchange fails.
The Consequence: A failed 1031 exchange triggers immediate capital gains tax on the entire sale, often $50,000-$200,000+ in unexpected tax liability, plus penalties if not reported correctly.
Cost Segregation Audit Defense
Cost segregation studies accelerate depreciation, but aggressive studies or improper asset classifications attract IRS scrutiny. Poor documentation means recaptured depreciation.
The Consequence: Depreciation recapture at ordinary income rates plus interest. The IRS may also challenge the study's methodology, creating additional exposure.
How We Defend Real Estate & Property Management Owners
Austin's booming real estate market creates incredible opportunities—and significant tax complexity. Whether you own 2 rental properties or 200, we help structure your investments for maximum tax efficiency while maintaining documentation that stands up to IRS scrutiny. Our focus is protecting both your current deductions and your long-term wealth-building strategy.
REP Status Documentation System
We implement time tracking and activity logs that satisfy IRS requirements, protecting your real estate professional status from audit challenges.
1031 Exchange Guidance & Review
Pre-exchange planning, deadline tracking, and coordination with qualified intermediaries to ensure compliant, successful tax-deferred exchanges.
Cost Segregation Audit Support
Defense of cost segregation studies and depreciation schedules. We work with engineering firms and represent you before the IRS.
Multi-Property Bookkeeping
Entity structuring, property-level accounting, and investor reporting that maximizes deductions while maintaining audit-ready documentation.
Common Real Estate Audit Triggers
- Real Estate Professional status claimed
- Large 1031 exchange transactions
- Significant passive loss deductions
- High depreciation deductions
- Multiple property dispositions
Our Real Estate Services
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Helping Austin & Leander Real Estate & Property Management Businesses
From Cedar Park contractors to Round Rock medical practices, we serve real estate & property management businesses across Central Texas with specialized tax resolution and accounting services.
