RENTAL ACTIVITY
Income and deductible expenses
We organize rent, repairs, insurance, taxes, management costs and other property records for the appropriate tax schedules.
Port Washington, New York
Real estate investor tax preparation.
Tax returns for rental property owners and real estate investors, including depreciation, property sales and 1031 like-kind exchange reporting.
Rental property & real estate tax returns
Connect each property to the complete tax picture.
We prepare the federal and applicable state filings for individual real estate investors and review the records behind each property.
BASIS & DEPRECIATION
Purchase costs and improvements
We review closing documents, prior depreciation schedules and capital improvements so property basis and depreciation records stay connected.
PROPERTY SALES
Sale and disposition reporting
We calculate the tax reporting from purchase and improvement records, depreciation history, selling costs and closing statements.
SECTION 1031
Form 8824 like-kind exchange reporting
For qualifying exchanges, we prepare the tax-return reporting from the exchange documents and coordinate questions with your qualified intermediary or attorney.
1031 like-kind exchange reporting
The tax return is one part of the exchange.
Section 1031 generally applies to a like-kind exchange of real property held for business or investment, not property held primarily for sale. A qualifying exchange is reported on Form 8824.
Exchange structure, eligibility and deadlines need attention before and during the transaction. We provide tax preparation and reporting support; we do not serve as the qualified intermediary or replace legal advice.
Before the return
Share the relinquished and replacement property closing statements, exchange agreement and qualified intermediary statements.
Basis and deferred gain
We use the transaction records to calculate the tax basis and deferred gain reported with the return.
Related filings
We review depreciation, rental activity, state reporting and later property sales so the exchange records remain usable after filing.
Clear pricing
A quote before we start.
Fees depend on the number of properties, condition of the records, depreciation history, states and whether a sale or exchange occurred.
More about our pricing →Real estate investor returns
Quoted after review
Property schedules, sales and 1031 reporting are scoped separately.
Discuss your propertiesGetting ready
Start with the property records.
You can book a consultation even if every document is not ready yet.
Prior returns and depreciation
Last year’s return, depreciation schedules and records of suspended losses or carryovers.
Income and expenses
Rental statements, income, expense summaries, property taxes, insurance, repairs and management records.
Purchases, sales and exchanges
Closing statements, improvement records, sale documents and all qualified intermediary or exchange statements.
Keep your information private.
Use our secure client portal to share tax and property documents.
Client Portal →Simple process
From property records to filing.
Book a consultation
Schedule a phone or office consultation. Upload relevant documents through our secure client portal before we meet.
Get a clear quote
During your consultation, we’ll review your needs and explain the services and price. You decide whether to proceed.
Review the return
We explain the property reporting and applicable filings before you authorize filing.
Can you prepare returns with more than one rental property?
Yes. We review each property’s activity and records, then quote the return based on the number of properties and overall complexity.
Do you handle 1031 like-kind exchange tax reporting?
We review the exchange documents during the consultation and prepare Form 8824 and related return reporting when the work falls within the agreed engagement. Complex transactions may require coordination with your attorney or qualified intermediary.
Can any property sale qualify for Section 1031?
No. Section 1031 generally applies to exchanges of real property held for business or investment. Personal-use property and property held primarily for sale follow different rules.
What if old depreciation records are missing?
Bring the prior returns, closing documents and improvement records you have. We will review the available history and explain what additional records may be needed.
Do you prepare partnership or corporate returns that own real estate?
Yes. Entity returns are separate from an individual return and are quoted separately.
Business tax preparation →Let’s talk about your real estate portfolio.
Tax preparation for rental property owners and real estate investors in Port Washington and nearby communities.