Hourly Consulting – Tax Planning and Strategies
Most clients coming from other tax preparers who don’t specialize in taxes for real estate investors have usually been missing out on tax benefits they didn’t even know existed. I can review your previous tax return and advise you on mistakes that may be putting you at risk of audit, or identify opportunities to reduce your taxes. These missed opportunities can include tax strategies such as the short-term rental loophole, cost segregation, real estate professional status, 1031 exchanges, bonus depreciation, and partial asset disposition. We can also discuss your future goals to identify opportunities to help you make the most informed decisions to maximize your future tax deductions. To get started, you can schedule an initial consultation on my online calendar.
Tax Return Review
If you have concerns or questions about your previously filed tax return, or a return you are getting ready to file, I can review your return for errors, missed deductions, and potential audit risk flags. This can be beneficial whether the return was prepared by a professional, or if you’re doing it yourself with TurboTax, TaxAct, or other software.
To get started, you the first step is you would upload a copy of your tax return and any related documents you want to send. And then I’ll let you know when I’ve had a chance to review it, and then you can schedule a consultation session to discuss any issues I found with the return. The cost of this service is billed the same hourly rate as consulting (see above), and would typically be billed at an hour or less for a typical tax return. Contact us if you have any questions about that service.
Tax Return Preparation Services
Unfortunately, I’m no longer taking new clients for tax prep services because I am now focusing on only consultation going forward.