The real estate industry can be complex, but it offers some very real tax-saving advantages to investors who know how to leverage them.
Whether you own income producing properties, you are a property management company, land developer, or a real estate investor, at Octagon Tax & Accounting Services we are ready to support you with your accounting needs.
From routine back office bookkeeping to tax strategies and financial reporting & analysis, we can help you to formulate and implement strategies to achieve maximum deferral or elimination of tax liabilities.
Our services include:
- Help you define the appropriate business structures from both legal and a financial/tax perspective.
- Help you make smart decisions with respect to your individual real estate investments
- Section 754 elections
- Section 1031 like-kind exchanges
- Depreciation methods and elections
- Back office bookkeeping and accounting
- Preparation of monthly and quarterly financials
- Computation of key performance indicators (IRR’s, total return, etc)
- Tax return preparation (1065s K-1s)