Strategies to optimize your finances

The IRS treats repairs as immediately deductible expenses that restore property to its original condition, while capital improvements must be capitalized and depreciated over 27.5-39 years. 

An IRS 1031 exchange (named for Internal Revenue Code Section 1031) allows real estate investors to defer capital gains taxes when selling investment property by reinvesting proceeds into like-kind replacement property.

The IRS treats regular house flippers as "dealers" who pay ordinary income tax (10%-37% based on 2025 tax brackets) plus 15.3% self-employment tax on profits.

A Miami property CPA firm provides specialized accounting and tax services for real estate investors, developers, property managers, and foreign property owners.

A virtual accountant for landlords is a remote accounting professional who manages your rental property finances using cloud-based software.

Phoenix real estate bookkeeping services handle property-specific accounting including rental income tracking, 1031 exchange documentation, depreciation schedules, and multi-property cash flow management.