Tax Advisory

Don’t pay more tax than you need to. Working with a specialized tax advisor is the best way to receive guidance on developing a long-term tax strategy. Here’s why.

What Is Tax Advisory?

While every real estate investor files tax returns, not everyone has the advantages of a tax advisor. Tax advisors go beyond complying with tax laws and extend into proactive tax strategy. This means providing guidance on how to structure your investments and entities in the most tax-efficient way, maximize tax deductions and credits available to you, and plan for reaching both your short- and long-term goals, all while ensuring compliance with tax laws.

Tax laws are constantly evolving, and tax advisors prioritize continuing education to ensure we are up to date and that our clients always benefit from new updates. Real estate investors can also benefit by preparing for future transactions. Tax implications of future acquisitions or exit strategies can be discussed and planned in advance to better manage your investments and overall tax liability.

Real estate is an extremely tax-advantaged investment strategy. Utilizing tax benefits such as depreciation, cost segregation, 1031 exchanges, and navigating passive activity loss rules can help keep more money in your pocket. A tax advisor understands these benefits and can help you build your strategy for limiting tax liability and building generational wealth.

Common Challenges Real Estate Investors Face Without a Qualified Tax Advisor

Real estate investors who hire CPAs who aren’t equipped to be tax advisors and do not specialize in real estate face issues that can be easily avoided by partnering with the right professional.. Here are some typical challenges:

• Paying too much in taxes: This is a direct result of not understanding every aspect of the tax code as it pertains to real estate, as well as not taking the time to understand an investor’s specific and unique goals and proactively plan to achieve them.
• Lack of communication: Without a responsive and available CPA, an investor won’t be able to act quickly and confidently when instances arise throughout the year. Uncommunicative CPAs also can’t provide timely guidance. 
• Not providing advice and insight regularly: This may result from a CPA lacking experience, specifically with real estate. Without that expertise, they won’t be as effective at optimizing your tax situation.

Aiola CPA Tax Advisory Solutions

Having recognized common challenges investors face with other CPAs, we aim to be the solution. Here is what we offer:

• Specialization in real estate: We’re experts in the real estate space and can guide you through strategies to grow your portfolio in a tax-friendly way.
• Encouraging consistent communication: Our advisory packages are structured to ensure consistent communication at various touchpoints throughout the year. Constant communication allows us to create goals together and meet them throughout the year.
• Planning proactively: Set you up for success by understanding your tax situation from the start. This minimizes surprises and allows you to focus on your next move with confidence in us as your tax partner.

About Aiola CPA

What makes Aiola CPA the right choice? We’re experts in real estate with a track record of leveraging tax laws for the benefit of our clients. Although tax laws and strategies are complicated, we simplify it for you. We communicate and provide information in an easy-to-understand way, and all through our user-friendly technology. Contact us today to learn more about our tax advisory services.