If you own a rental property, you understand that reporting income and expenses on your taxes can be a headache.
Let’s take the time to talk and understand your income-producing property, then develop a strategy such that you get the most out of your investment, with the most advantageous tax treatment possible.
Get a free consult.
When you have rental property, you already know the day to day management can sometimes be a headache.
Reporting income and expenses on your tax return can also create problems if you do not take time to document things during the year.
Most of the time rental property operates smoothly. But then something comes up that requires you to be at the property to oversee repairs or interview prospective tenants.
Many of your expenses may be deductible on your tax return. ABC tax service has a comprehensive system to help you document your rental property for tax purposes.
Get a free consult.
We recommend taking care of little problems at your rental before they become big problems. Little problems are seen as repairs by the IRS.
If you make any material improvements to the property you must depreciate that expense over a number years. Taking a deduction over several years often times creates cash flow problems.
When we meet with you, we will take time to talk with you about your income producing property. We help you develop strategies to get the most out of your investment with the most advantageous tax treatment.
Please send us an email or call us at (619) 260-1955 to arrange a complimentary initial consultation.
Get a free consult.
You get you a larger refund when we find the legitimate business deductions that are often overlooked… Unless you like giving your extra money to the government.
Understand your tax return with a tax preparation specialist that will explain the process in a thorough, easy-to-understand way.
If you are not happy with our work and you decide not to file the return we prepared for you, we will not charge you.
Historically I have always done my own taxes, but each year they are getting slightly more complex and require a more in depth interpretation of tax code aside from a TurboTax interview. The experience with Randy will ensure that I never do my own taxes again.
My wife and I have been using ABC Tax Service for nearly 20 years. Randy is the only person I will trust to do my personal taxes.
I was referred to Randy by a colleague who said nothing but positive things about her years of experience with him. I have to say I was very impressed. He was organized, knowledgable, professional and provided sound consultation on financial goals I have for the next year.
work, save, and plan for retirement.
We have complex tax returns every year, and every year, since moving to San Diego, we have trusted this tax preparation service with our complicated returns. Very personable/professional staff and phenomenal knowledge of tax law.
Randy is always available to assist with any questions or troubles that may be encountered with the IRS or California Franchise Tax Board. He has resolved matters and concerns we have encountered in the past, without delay.
Randy Ames, owner of ABC Tax Service, San Diego
Reporting income and expenses on your tax return can also create problems if you do not take time to document things during the year.
Little problems are seen as repairs by the IRS.
If you make any material improvements to the property you must depreciate that expense over a number years. Taking a deduction over several years often times creates cash flow problems.
Tax specialists help you develop strategies to get the most out of your investment with the most advantageous tax treatment.