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Tax strategy · Real estate
Real estate offers more tax planning opportunities than almost any other investment, from depreciation to tax-deferred exchanges. Each works only when the rules and records line up. We plan the whole life of the property.
Serving United States, Virginia, Washington, DC, Maryland.
What we handle
On purchase, a cost segregation study and 100% bonus depreciation can create large early deductions. Whether you can use them depends on the passive activity rules: real estate professional status, active participation and the short-term rental rules each open different doors.
On sale, depreciation is recaptured, with unrecaptured section 1250 gain taxed up to 25%. A section 1031 exchange into new real property defers the gain, an installment sale spreads it, and qualified opportunity fund investments under section 1400Z-2 can defer and reduce it. We model these choices before you sign.
Speak with an advisorWhere we help
See our page on IRC section 168(k) and cost segregation case law.
The 750-hour test and the records courts expect.
The seven-day rule and material participation.
Deferral for exchanges of real property held for investment or business use.
Our approach
A senior advisor reviews your facts and documents.
Scope, fees and timeline in an engagement letter.
Returns, elections and forms prepared and reviewed.
IRS contact and planning all year.
Questions
If your question isn't here, call (703) 880-8412 and you'll reach a person.
Only if you qualify as a real estate professional, the property is a short-term rental where you materially participate, or your income is low enough for the $25,000 allowance.
You must identify replacement property within 45 days and close within 180 days of selling, using a qualified intermediary.
Yes. Depreciation on real property is generally recaptured as unrecaptured section 1250 gain taxed up to 25%, and personal property depreciation is taxed as ordinary income.
No. Virginia requires its own depreciation schedule, so state and federal results differ.
Latest updates
Authorized representatives can now make balance-due, amended return, extension, proposed assessment and federal tax deposit payments for business clients online. Appropriate authorization for the client and tax matter is required.
Source: IRS (IR-2026-134)
For 2027 the joint-return standard deduction rises to $33,200, the estate tax basic exclusion to $15,480,000, the annual gift exclusion to $20,000 and the Section 179 expensing limit to $2,640,000. Our advisors recommend revisiting year-end gifting and equipment purchase plans with these figures in mind.
Source: IRS (IR-2026-133)
All 6,576 nominated census tracts, including 2,594 rural tracts eligible for enhanced benefits, become Opportunity Zones on January 1, 2027 for ten years. Investors with capital gains should review the new map before committing funds.
Source: IRS (IR-2026-132)
Related
Tax strategies supported by the Internal Revenue Code and Tax Court decisions.
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