Real Estate Investors
Tax and accounting guidance for long-term rentals, short-term rentals, commercial properties, and multifamily portfolios. Connect depreciation, rental activity, and ownership decisions to your broader goals.
Phaenix Advisory · Real estate tax & accounting
A Clearer Plan for
Your Real Estate
Tax & Accounting.
Proactive tax and accounting for real estate investors, operators, and developers who think long term.
What we do
Tax & Accounting Built Around Real Estate Investors.
Tax Advisory
Strategic tax planning built around your properties and long-term goals.
Learn MoreAccounting
Clear books and reporting for more informed real estate decisions.
Learn MoreTax Preparation
Real estate tax returns handled with care and a proactive approach.
Learn MoreDecision Analysis
Compare real estate options with a clear view of cash flow, tax implications, and long-term goals.
Learn MoreBuilt around your world
Who we work with
Small Business Owners
Bring your books, business structure, and tax planning into focus. We help owners understand cash flow and coordinate business decisions with their real estate investments.
High-Income Earners
Plan around the relationship between professional income and real estate ownership. Understand how rental activity, participation, and investment structure may affect your tax position.
Real Estate Syndicators & Sponsors
Coordinate accounting and tax planning across partnerships and investment entities. Build a clearer view of reporting, allocations, and the decisions that affect your investors.
Agents and Brokers
Align commission-based income, business expenses, and entity planning with your goals. Consistent accounting and proactive tax planning help you prepare for what comes next.
Real Estate Developers
Bring tax and accounting considerations into acquisition, construction, and disposition decisions. Evaluate project costs, ownership structure, and cash flow across the development lifecycle.
Client stories
Client Testimonies
and Case Studies
$114,000First-year tax savings2025 · Filed returnReal estate tax advisoryFirst-year tax savings from switching to STRBay Area couple · High-income W-2 earners
Real estate investorsRead their story
The challenge
The Bay Area couple had strong W-2 incomes and several long-term rentals, but their real estate wasn’t reducing their tax bill.
Our approach
We guided them to convert one property to a short-term rental (STR) and structure their involvement to meet material participation requirements. They then paired the strategy with a cost segregation study.
The result
Their filed 2025 return reflected $114,000 in tax savings in year one.
What’s next
The Bay Area couple is now exploring Real Estate Professional Status (REPS). We’re analyzing their material participation across the portfolio and gave her a custom hour-tracking tool, so her time is documented contemporaneously and stands up to IRS scrutiny.
$63,000Year-two tax savings2025 · Filed returnBusiness & real estate tax advisoryFrom overwhelmed to a multi-year tax planRichard · California property management business ownerRead his story
The challenge
Richard’s LLC was generating significant taxable income, and the rules felt overwhelming. He needed a clear plan for his business and his family.
2024 · Building the foundation
We restructured his business as an S corporation, set reasonable compensation, added his children to payroll, and built a retirement strategy. Together, these changes reduced his taxable income by $87,000, reflected in his filed 2024 return.
2025 · Taking the next step
Richard reinvested the savings from his first-year planning into a short-term rental managed by his spouse. Combined with a cost segregation study, this lowered his tax bill by $63,000, reflected in his filed 2025 return.
Planning ahead
Richard and his wife continue to work with Phænix on multi-year planning, connecting business decisions with their real estate investments.
$100,000+Tax deferred over two years2024–2025Real estate tax advisoryCoordinating sales, purchases, and tax planningLynn · California real estate investor and agent
Multiple rental propertiesRead her story
The challenge
Selling rental properties was creating substantial tax bills for Lynn. She wanted to understand her options before another sale—and how future purchases could fit into a more effective tax strategy.
Our approach
Phænix helped Lynn understand how a 1031 exchange could fit her situation, analyze exchange opportunities, and assess the tax benefits of potential replacement properties.
We developed a coordinated strategy spanning 2024 and 2025, connecting her sales, purchases, and tax planning.
The result
The combined planning strategy helped Lynn defer more than $100,000 in taxes over two years.
Planning ahead
Lynn continues working with Phænix to map out when to buy and sell, evaluate new opportunities, and align transaction timing with her long-term investment and tax goals.
Results reflect each client’s circumstances. They are not a promise of similar outcomes.
Client reviews
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Allen FongTrust beneficiaryView full review
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John HitchSmall business ownerView full review
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AshleyReal estate investorView full review
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ModulusSmall business ownerView full review
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