Real Estate Services

San Diego Real Estate Tax Accountant to Develop Real Estate Investments

Real estate investing is a key component in any sound financial strategy to increase profitability and accumulate wealth. Many potential clients overlook the importance of working with a real estate accountant to provide tax planning and tax compliance services in dealing with the investment of real estate. As a real estate CPA, Gary M. Zweig has the distinct ability to first analyze the real estate deal, perform the related due diligence for the real estate, and recommend and implement sound tax strategies pertinent to your unique piece of real estate. I am a skilled, reliable tax advisor experienced with representing many types of real estate clients such as, residential and commercial property owners, real estate brokers, agents, investors and developers.

♦ Real Estate Development Accounting and Analysis

It is critical to assess the potential for any type of real estate transaction and quickly determine whether it is worth pursuing. A certified public accountant can advise as to the initial financial criteria and qualification procedures, as well as assist you in evaluating the potential for a particular piece of real estate unique to your goals. Once a brief analysis is complete, only then will you be advised as to whether you should submit a letter of intent or offer. This type of preliminary analysis of your real estate investment allows for significant value in many ways such as processing your deals faster with peace of mind while freeing up your time to pursue other investments.

♦ Due Diligence for Real Estate Investment

Once a preliminary analysis is complete and the real estate deal looks promising, due diligence of the real estate investment is performed. As a certified public accountant with many years of real estate investing experience, I have developed rigorous financial standards that provide new and existing clients with reliable information about various real estate investments. This allows my clients to make well-informed decisions and provides advantageous negotiation leverage with regard to a real estate transaction’s price and other real estate contract terms.

My financial due diligence services will assist you with the following tax solutions:

  • Development of customized financial testing procedures for each unique client and property.
  • Analysis and comparisons of income statement items, balance sheet assets and potential liabilities, federal and state tax returns and financial statements.
  • Provide concise real estate investment report detailing profitability, negotiation and renegotiation points.

♦ Real Estate Tax Strategies

One of the undeniable benefits of investing in real estate are the multitude of tax benefits allowed by the IRS. As a knowledgeable accountant, I have extensive experience with the tax laws, regulations, and many relevant exceptions. Investment property strategies I have implemented to maximize tax benefits of real estate investing while still protecting your investment and accelerating your wealth include:

  • Tax-deferral strategies, avoiding capital gains tax on real estate and Section 1031 tax-deferred like-kind exchange of property
  • Creation and structure of business entity for all types of real estate investments (i.e., LLC taxes and LLC tax benefits)
  • Tax credit planning
  • Tax deduction strategies

♦ Real Estate Exit Strategy

Before and after buying a property, it is critical to know your exit strategy for your real estate investment. This will better prepare you for the many unexpected situations and unintended tax problems. I am a San Diego certified public accountant well-versed in the many exit strategies availableto every unique real estate investor. I can assist you in analyzing your potential tax burden and implement the most effective tax saving strategies at both acquisition and disposition of your real estate investment. Some of the more common exit strategies for real estate investors are:

  • Forced appreciation (i.e., property improvements, development/ redevelopment,  change of asset class)
  • 1031 exchange
  • Installment sale
  • Gifting real estate interests

Gary M. Zweig, an Accountancy Corporation offers many unique approaches to reduce tax liabilities while developing customized tax strategies to meet every client’s financial goals. Gary M. Zweig, an experienced San Diego CPA, prides himself on his dedication to every client with exceptional client service and a career-long commitment to providing cost effective tax and accounting solutions. To obtain more information, please contact my CPA firm to discuss your confidential tax issues at (858) 646-0681. Gary M. Zweig, CPA is conveniently located in San Diego at 5080 Shoreham Place, Suite 201, San Diego, California 92122.

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