WHO WE SERVE
Real Estate
Tax and accounting for people who think in doors, units, and deals—not just line items. We provide real estate tax, accounting, and advisory services for investors, syndicators, landlords, and small developers across the U.S to keep portfolios structured, compliant, and cash‑flow aware.
Start Intake
We serve real estate investors, syndicators, landlords, and small developers throughout the United States
We’re a good fit if you:
Own one or more long‑term rental properties
Operate short‑term rentals or mixed‑use properties
Hold small to mid‑sized commercial or multifamily assets
Are an active investor or developer running value‑add or ground‑up projects
Participate in real estate funds or syndications and need K‑1 coordination
If you’re trying to understand how all of this fits together at tax time, we're here to help.
Common challenges we help with
Real estate creates opportunity, but also complexity. Typical issues we see:
Income and expenses scattered across multiple entities and accounts
Unsure when cost segregation is worth the effort
Confusion around 1031 exchanges, refinances, and dispositions
Short‑term rentals and mixed‑use properties that do not fit cleanly into one box
Prior returns that may not fully reflect improvements, basis, or elections
Clarity on whether you meet material or substantial participation tests, or qualify as a real estate professional for tax purposes
Our goal is to make the picture legible so you can make better decisions, not just file returns.
How we support real estate clients
Tax preparation for real estate portfolios
We handle returns for:
Individuals with rental schedules
Partnerships and LLCs that hold property (with or without 3rd party investors)
S‑Corps or management entities connected to your deals
We focus on getting depreciation, expenses, and allocations right, and on keeping a clean paper trail from year to year.
Cost segregation, when it makes sense
We help you:
Identify which properties and projects are good candidates
Estimate the potential tax savings before you commit
Execute studies and coordinate implementation on your returns
Generate enhanced yields for investors
Cost segregation can significantly accelerate depreciation on qualifying properties.
Entity structure and planning
As your portfolio grows, structure starts to matter more:
Choosing between single‑member LLCs, partnerships, and S‑Corps
Deciding how to group or separate assets and activities
Planning for new acquisitions, JV deals, or bringing in partners
We do not replace legal counsel, but we ensure tax and accounting implications are clear as you make structure decisions.
Start Intake
What working together looks like
Working with CalCPAGroup is simple, transparent, and efficient.
Intake
You give us a snapshot: number of properties, locations, entities, and current pain points.
Portfolio Review
We review prior‑year returns, current structures, and any major upcoming events (purchases, sales, refinances, renovations).
Plan the next 12-18 months
We agree on filing needs, potential Cost Seg opportunities, and any clean‑up work for prior years.
Ongoing Support
We stay in the loop on new deals so you understand tax and cash‑flow impact before you buy.
Want a CPA who understands cap rates, timelines, and lenders—not just forms?
Start Intake
Do you work with both long‑term and short‑term rentals?
Yes. We handle traditional long‑term rentals, short‑term rentals, and mixed‑use properties, and we’ll walk through how each is treated from a tax perspective.
When is cost segregation worth considering?
It typically makes sense for larger properties, short‑term rentals, or significant renovations where you have taxable income to offset. It can also be a strong fit for first‑time investment property buyers who want to front‑load deductions and improve early cash flow. During Intake, we’ll help you understand whether a study is likely to provide meaningful benefit.
How do you handle properties in different states?
Multi‑state ownership is common for our clients. We’ll help manage the additional state filings, handle required non‑resident withholding and composite returns where applicable, and keep track of how income and taxes are allocated.
Do you coordinate with my property manager or bookkeeper?
We can. Many clients have day‑to‑day bookkeeping or management handled elsewhere; we plug in at the tax and planning layer, reconcile property manager and bookkeeper records, and coordinate as needed.