SD Mayer Client Testimonials

Real Estate Investment

How Our Tax Professionals Can Help

Tax preparation in the real estate industry is complex, and any small error or missed opportunity can cost investors and agencies thousands in taxes each year. At SD Mayer, we enable you to transfer the responsibility of tax filing from your shoulders to ours so you’ll never make another tax mistake again. Our team of knowledgeable and experienced advisors can help you achieve greater savings and reduce tax liabilities with our property tax accounting services.

Our certified professionals can help you fulfill your tax needs by assisting you in any of the following areas:

  • Property taxes
  • Tax audits
  • Payroll taxes
  • Expatriation taxes
  • International taxes
  • Rental income
  • Tax liabilities
  • Tax compliance
  • Business consulting
  • Tax advice

Benefits of Working With SD Mayer for Accounting Services

We take an inclusive, holistic approach to finances. That means we believe each part of your business is connected, and we understand that making a change in one area can impact many others. This holistic approach gives us a great overview of your situation and allows us to aid you in other areas as well, including:

  • Increasing efficiency. We train our accountants to understand real estate issues thoroughly. Our consulting group can provide insights you may not have considered before.
  • Saving time. Take care of your to-do list without worrying about your financial issues. We reduce the number of things you have to monitor and free you to focus on your job.
  • Lowering costs. Outsourcing costs less than hiring an accountant on your staff and may help boost your profits.
  • Providing lifetime value. When we understand your big-picture needs, we can offer all the services you require and become a one-stop shop for your financial well-being.

As a small real estate CPA firm, we also provide more personalized service and attention to our clients, including outstanding communication.

Common Tax Issues for Real Estate Agents and Investor

Individuals in the real estate business have many complex tasks and responsibilities to undertake in their daily work. Among these obligations, handling taxes is a common area in which agents, brokerages and investors often face challenges due to the complicated nature of tax rules and processes. As a result, they may incur additional tax liabilities and miss opportunities to save money.

Some of the most prominent tax issues for real estate companies include:

Overlooking deductions

Many tax breaks are available to real estate agents that often get overlooked, causing businesses to miss out on cost savings. 

Poor expense tracking

The main reason real estate professionals forfeit tax deductions is because of poor expense tracking. It’s crucial to keep all receipts, invoices and other proof of expenses over time to support deductions in case of tax audits. 

Keeping up with tax codes

Federal tax codes are constantly changing, making it challenging for agents to keep up. These codes impact your income taxes considerably, affecting how you budget for your business.

Missing due dates

Self-employed individuals like real estate agents, investors and brokerages must pay quarterly estimated payments on time or risk being hit with penalties and interest. 

Gauging estimated taxes

Real estate professionals experience significant income fluctuations over time, creating challenges in calculating estimated taxes.

Mixing personal and professional finances

Many agents and investors handle their personal and business expenses through a single account, making tax filing a challenge.

You can overcome your most pressing tax challenges with the help of the certified public accountants (CPAs) at SD Mayer. As your trusted real estate tax consultants, we offer a wide range of tax preparation services to help you achieve financial security. 

What CPA Services Do We Offer For Real Estate Agents and Investors?

We act as a financial advisor for property investment and property sales. Our services are focused on companies with 1,000 employees or fewer. They include:

  • Bookkeeping and accounting for real estate. We maintain day-to-day services, like accounts payable and receivable or payroll. We can work remotely or in-house based on your needs.
  • Real estate auditing services. Do you face a tax audit? Using our audit services, we can help you prepare as well as run risk assessments that can decrease your chances of being flagged for a violation in the future.
  • Real estate tax services. You want to keep as much of your income as possible, and we can find ways to do that using our extensive knowledge of tax codes. We can also help you avoid costly noncompliance penalties through our tax services.
  • Real estate investment and agent consulting and advisory services. Real estate cash flow can ebb and flow based on market conditions and whether your properties are occupied seasonally. With our advisory services, we can assist you with achieving positive cash flow by obtaining a line of credit or securing financing that will give you a steadier source of income throughout the year.
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Working With SD Mayer as a Real Estate Agent or Investor

Calling on SD Mayer & Associates for property tax accounting saves you the hassle of having to learn new skills. We bring experience and expertise to the table and can hit the ground running as soon as we begin working for you. We understand the tax issues and other concerns you face because we have worked with other real estate investors and agents before, and we apply that knowledge to everything we do for you.

When you enlist our services, it can free you up to concentrate on the things that grow your business. Investors can enjoy more time to scout for new properties. Agents can gain time with their potential clients to research and find them the perfect property.

Your energy should go into growing your business, not performing payroll-related tasks that will take you much longer than it will take our experts. We provide the ability to get things done quickly and accurately, so you don’t have to worry anymore.

Our Real Estate CPA Firm Locations

If you’re looking to book tax preparation services for your California real estate business, SD Mayer can give you the help you need. We have four business locations positioned across the state, so we’re always close by, whether you live in San Diego, Los Angeles, San Jose or anywhere in between.

You can meet with a team member from our real estate CPA firm in the following office locations:

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Learn More About Our Tax Preparation Services

No matter which side of the real estate industry you’re on, you’ll almost certainly benefit from gaining more time to devote to your primary focus. We take care of the things you don’t have the time or expertise to handle, so you can work more closely with clients or engineer your next deal.

We can help with a range of needs, from taxes to accounting and bookkeeping. We can also aid you with wealth management and investment property financial advisor services. If you need a real estate CPA in the Bay Area and beyond, get in touch with us today to discuss how we can help you.