Real Estate Tax Accountant — Rental Property CPA
Catalyst CPA prepares taxes, plans strategy, and keeps per-property books for rental owners, real estate investors, and agents across the Inland Empire and Orange County — led by Adham Abadier, CPA (California License #158599), QuickBooks Online ProAdvisor.
Licensed California CPA · QuickBooks Online ProAdvisor · Rentals, flips, STRs & agent commissions
Own Rental Property? Your Tax Return Is Where Money Leaks.
Depreciation set up wrong, losses suspended without a plan, a surprise bill the year you sell — real estate taxation rewards owners who plan ahead and quietly punishes everyone else. We work on rental and investor returns all year, not just in April.
Real Estate Tax Problems We Fix
Depreciation Never Set Up (or Set Up Wrong)
Missed depreciation doesn't just cost you now — the IRS recaptures it as if you had taken it. We repair it with a Form 3115 catch-up instead of amending years of returns.
Schedule E Losses You Can't Deduct
Passive-loss limits, the $25,000 allowance phase-out, and real-estate-professional status decide whether losses help you this year or sit suspended. We map which applies to you.
Sold a Rental — Gains & Recapture Surprise
Capital gain plus depreciation recapture can turn a "profitable sale" into a painful April. We project the bill before you list, and plan around it.
Short-Term Rental (Airbnb/VRBO) Confusion
Schedule C or E? Does the 7-day rule apply? Are you materially participating? STR classification changes both your tax and your self-employment exposure.
Multi-Property Books in a Shoebox
One bank account, five properties, zero per-property P&Ls. We rebuild investor bookkeeping so every property shows its real return.
IRS Notice on Rental Income
CP2000s and rental-income mismatches need a documented response, not panic. We handle IRS problem resolution for property owners.
Real Estate Accounting Services We Provide
Real Estate Tax Preparation
Schedule E rentals, Form 8825 for partnerships and S-corps, K-1s, agent and broker Schedule C returns — federal and California.
Rental Property Bookkeeping
Per-property income and expense tracking in QuickBooks Online, security-deposit handling, and clean year-end packages your return is built from.
1031 Exchange Tax Planning & Reporting
Timeline planning before you sell, basis tracking through the exchange, and Form 8824 reporting after it closes.
Depreciation & Cost Segregation Planning
Correct land/building splits, bonus-eligible components, and coordination with cost-segregation studies when the numbers justify one.
Real Estate Professional Status Analysis
The 750-hour and majority-time tests, contemporaneous logs that survive exams, and whether REPS actually saves you money.
Entity Structure for Investors
LLC vs S-corp for rentals, flips, and agent commissions — liability, self-employment tax, and California franchise-fee realities, decided on numbers.
Real Estate Tax Accountant — Frequently Asked Questions
Do I need a real estate tax accountant or a regular CPA?
Can you fix depreciation that was never set up, or set up wrong?
Do you work with Airbnb and VRBO owners?
Do you serve investors outside the Inland Empire?
Keep More of Every Rental Dollar. Legally.
Free 30-minute consult with Adham — bring last year's Schedule E and we'll tell you what we'd look at first. No sales script.
Book Your Free Consult 📞 (951) 223-1826