Real Estate Tax · Dallas–Fort Worth
Real Estate Tax Planning Services in Dallas-Fort Worth
Specialized tax strategies for DFW real estate investors. Cost segregation studies, 1031 exchanges, depreciation optimization, and entity structuring to maximize your after-tax returns.
The difference
How we approach the work.
Real estate offers some of the most powerful tax advantages in the entire tax code—but only if you know how to leverage them properly. From depreciation deductions that create tax losses on profitable properties to 1031 exchanges that defer gains indefinitely, real estate taxation is complex and opportunities are easily missed.
We work with landlords, flippers, Airbnb hosts, and commercial property owners on depreciation, entity structure, and exit timing, so each property's tax treatment is planned rather than discovered at filing time.
Whether you own one rental property or a portfolio of dozens, we provide the strategic guidance you need to keep more of what you earn.
How it works
Five steps, start to finish.
Portfolio Analysis
We review your entire real estate portfolio, current tax treatment, and identify optimization opportunities.Strategy Development
We create a comprehensive plan covering depreciation, entity structure, and exit strategies for each property.Implementation
We help execute strategies—cost segregation studies, entity formations, 1031 exchange coordination.Ongoing Management
We track property-level P&L, ensure proper depreciation, and adjust strategies as your portfolio evolves.Exit Planning
When you're ready to sell, we optimize the transaction structure to minimize capital gains and recapture taxes.
Who it’s for
Who this fits.
- Buy-and-Hold Investors: Landlords building long-term rental portfolios seeking to maximize depreciation and minimize annual taxes.
- House Flippers: Active investors flipping properties who need to manage ordinary income treatment and self-employment taxes.
- Short-Term Rental Hosts: Airbnb, VRBO, and vacation rental owners navigating the unique tax rules for STRs.
- Commercial Property Owners: Owners of office, retail, and industrial properties with more complex depreciation and tenant improvements.
- Real Estate Professionals: Agents, brokers, and developers who may qualify for real estate professional status and unlimited loss deductions.
- Syndication Investors: LP investors in real estate syndications needing K-1 interpretation and passive activity management.
Pricing
Pricing explained before work begins.
Every engagement is scoped on the discovery call, then priced in writing before anything starts. What sets the scope:
- Number of properties
- Property types (residential, commercial, short-term rental)
- Cost segregation study needs
- Entity restructuring complexity
- 1031 exchange coordination
Already a client? A one-hour Tax Strategy session is $275, invoiced separately after booking. Book it here.
Questions
Common questions.
What is a cost segregation study?
Cost segregation reclassifies components of your property (carpet, appliances, fixtures, landscaping) from 27.5/39-year depreciation to 5-15 year depreciation. Combined with bonus depreciation, this can move a large share of depreciation into the early years. Property acquired after January 19, 2025 can qualify for 100% bonus depreciation. Whether it’s worth it depends on the property, the study’s cost, the passive loss rules and recapture when you sell.
How does a 1031 exchange work?
You sell investment property but defer capital gains by reinvesting proceeds into "like-kind" replacement property. Rules: proceeds go to a qualified intermediary (not you), identify replacement property within 45 days, and close within 180 days or by your return’s due date including extensions, whichever is earlier. We coordinate with intermediaries and ensure compliance.
Can I deduct rental losses against my W-2 income?
It depends on your income and participation. With active participation, up to $25,000 of rental losses can offset other income when modified AGI is $100,000 or less, phasing out between $100,000 and $150,000. Above that, losses generally offset only passive income unless you qualify as a real estate professional: more than half of your working hours and over 750 hours in real property trades or businesses in which you materially participate.
Should I hold rental properties in an LLC?
Generally yes, for liability protection. Single-member LLCs are "disregarded" for tax purposes, so no additional complexity. Multi-member LLCs require partnership returns. We can advise on the right structure for your situation.
How are Airbnb/VRBO rentals taxed differently?
If the average guest stay is 7 days or less, the activity isn’t treated as a rental activity under the passive loss rules, so losses can offset other income if you materially participate. Self-employment tax generally applies only if you provide substantial services, like a hotel. Krystal works through which rules fit your property.
From a client.
Krystal is highly knowledgeable when it comes to complex tax matters. As a newly formed LLC, we encountered several challenges with bookkeeping and tax compliance. Krystal guided us through every step with patience and clarity, helping us stay organized and confident in our filings.
Talk it through with Krystal.
Fifteen minutes on what you need and whether LeCPA fits. Krystal calls you.