Real estate investing is one of the best ways to build wealth, but if you’re not leveraging the right tax strategies, you’re leaving money on the table. The tax code is full of opportunities for real estate investors but only if you know how to use them.
That’s where a CPA in Austin, Texas comes in. Beyond just filing your taxes, an experienced CPA helps you structure deals, optimize deductions, and protect your bottom line. If you’re serious about maximizing profits, here’s how a small business CPA in Austin can help you keep more of your hard-earned money.
1. Maximizing Deductions and Depreciation Strategies
You already know about mortgage interest and repair deductions, but are you taking full advantage of depreciation? Depreciation is one of the biggest tax benefits in real estate, yet many investors don’t use it properly. A CPA firm in Austin, Texas ensures you’re deducting everything you qualify for—including accelerated depreciation techniques that can significantly reduce your taxable income.
2. Cost Segregation Studies for Bigger Tax Savings
Why spread your deductions over 27.5 years when you can claim many of them sooner? A cost segregation study breaks your property into components that depreciate faster, meaning you get bigger tax write-offs now instead of waiting decades. If you own rental properties or commercial real estate, an Austin tax accountant can help you determine if a cost segregation study makes sense for your portfolio.
3. Structuring LLCs for Tax Efficiency and Asset Protection
Owning real estate in your personal name is risky and can cost you in unnecessary taxes. The right legal structure—whether an LLC, partnership, or S Corp—can protect your assets while optimizing your tax benefits. A tax advisor in Austin helps you choose the best structure based on your long-term goals, ensuring you minimize liability while maximizing deductions.
4. Payroll Compliance to Avoid IRS Penalties
If you’re paying property managers, maintenance teams, or contractors, payroll compliance is a must. Misclassifying workers or missing tax filings can lead to penalties that eat into your profits. A CPA firm in Austin, Texas ensures payroll taxes, 1099s, and W-2s are handled correctly so you stay on the right side of the IRS.
5. Year-Round Tax Planning for Long-Term Growth
Real estate is a long game, and your tax strategy should be too. A CPA in Austin, Texas doesn’t just prepare your return. They help you plan for 1031 exchanges, capital gains tax reduction, and tax-efficient retirement strategies. Working with an Austin small business accountant means you’re making strategic moves throughout the year, not just reacting at tax time.
Want to Keep More of Your Real Estate Profits? Let’s Talk.
The difference between an average investor and a highly profitable one often comes down to tax strategy. Insogna CPA is one of the top CPA firms in Austin, Texas, helping real estate investors optimize tax savings, structure their businesses, and plan for long-term financial success. Let’s discuss how we can help you build wealth while keeping more of what you earn.