To serve the real estate investment community by providing value-added tax planning, tax preparation and associated services; to minimize our clients’ current income taxes; to eliminate their future estate taxes; and to maximize their return on investment from acquisition, ownership and disposition of real property assets.
RealTax provides more than just expert tax preparation service and advice. It offers its clients a one-stop-shop that addresses all of their real estate investment needs. Our clients know that our experienced associates have their best interest in mind and will work with our strategic partners to meet and exceed their objectives.
RealTax provides its clients with the highest-quality, personal service. We are acutely aware that each of our clients has unique concerns and long term needs with regard to their investment properties. Our tax professionals strive to exceed each client’s expectations and improve their bottom line. We must be satisfied that we have done the best job possible.
We specialize in sound advice that gets results in spite of the innumerable and constant changing tax codes. RealTax has extensive experience and a developed in-depth knowledge of specific issues concerning real estate taxation. This superior level of competence enables RealTax to deliver the most financially beneficial solutions to each real estate investor. RealTax takes a comprehensive and proactive approach to get the job done.
Located in Mahattan Beach, California, RealTax is an association of select independent real estate taxation specialists and related professionals.
RealTax was formed to take advantage of the financial rewards and long-term growth that a specialty in real estate taxation offers. Aggressive industry trends toward mergers and acquisitions of accounting firms influenced the RealTax concept of association.
Unique among accounting professionals, RealTax follows the emerging model for successful companies in the New Economy, where outsourcing non-income producing work and creating affiliations lead to reduced overhead, expanded revenues, and a stronger positioning in the marketplace.
RealTax offers a complete range of real estate taxation services and the highest quality of real estate taxation expertise.
Because RealTax Associates can tap into the knowledge and resources of their RealTax colleagues and affiliates, RealTax Associates can offer their real estate investor clients an unparalleled level of expertise and advice. And by being able to offer their clients “one stop shopping“ for all their real estate related needs, RealTax Associates can exceed each client's expectations while significantly improving their bottom line.
At RealTax, our objective is clear: We strive to minimize our clients' current income taxes and eliminate their future estate taxes while maximizing their return on investment when buying, owning, and selling real property assets.
As a RealTax Associate, specializing in Real Estate Taxation, you get the best of all worlds. You enjoy the benefits of an umbrella organization that handles all of your non-income producing tasks — from office management to information technology to advertising and beyond — so you can focus on what's important to your clients.
You join a strong network of Real Estate Tax and Real Estate industry professionals, who through RealTax are committed to sharing information and providing support, ensuring that your clients always get the best possible service.
And you surround yourself with an exceptional level of knowledge and experience as you build your own successful Real Estate Taxation practice.
Best of all, as a RealTax Associate, you retain your independence, whether you're a sole proprietor or a larger concern. Yet you're able to benefit from a business model devised and adopted by many of today's most successful and forward-thinking companies.
We invite you to take a closer look at the RealTax solution for building an exceptional Real Estate Taxation practice. Simply contact us today for more information.
Real Estate comprises over 35% of the net worth of all individuals in this country. High net worth individuals are constantly seeking solutions to reduce their current income tax liability in addition to planning for long-term estate tax savings.
Today's seniors, as a population, are the wealthiest generation in our nation's history. It is anticipated that over the next twenty years, more wealth than ever is likely to pass from one generation to the next. Because the IRS taxes these individuals heavily, demand will be high and growth will be steady for experts in the field of real estate taxation.
What's more, technology has opened the door to online tax preparation, instigating a growing trend toward “do-it-yourself“ tax preparation by the individual.
In looking to the future, it makes sense to take note of the current trends and then move away from obsolete fields, while getting into position to take advantage of those with strong growth dynamics.
At RealTax we have chosen not to compete with online trends and focus instead on the challenging and lucrative field of real estate taxation. The complex and constantly changing real estate tax codes, coupled with high growth potential makes Real Estate Taxation the place to be now, and in the future.
It's a recognized fact that in nearly any business, specialists can command higher fees and enjoy more satisfying clients. Furthermore, in most professions, specialists are in much greater demand than their counterpart generalists. And nowhere is this more obvious than in real estate taxation, where hiring a specialist can save an individual or business many thousands of dollars each year, or even on each “transaction.“
Nevertheless, most CPAs, EAs, PAs, and other tax professionals ask questions before changing the way they do business. Here are some of the most common questions we hear from prospective RealTax Associates:
Q.Won't specializing limit my client base?
A. On the contrary! There is a large market for real estate investment clients who have a desperate need for a deeper level of real estate taxation expertise. Additionally, these potential clients are easy to identify and attract.
Q. Will I become vulnerable to real estate market cycles?
A. Not at all. In spite of real estate market fluctuations, real estate owners must file a tax return on their income each year, just like everyone else. Plus, as they near retirement, complex estate planning issues are unavoidable.
Q. When I sell my practice, will there be fewer buyers?
A. With an abundance of work and higher average billings, you will increase the value of your practice. The value you add to your practice with Real Estate Taxation will most likely draw more buyers, and command a higher price.
Q. What happens to my existing clients who are not real estate investors?
A. As accountants, we know that client relationships are key to our long-term success. As an independent sole proprietor, only you can decide how to service your existing client base. At RealTax, all clients are important, and the client-accountant relationship is given the utmost consideration.
Q. Will I be able to learn enough to be an expert in this area?
A. RealTax Associates work together as a team for the benefit of the client. As a result, fellow Associates are available for collaboration concerning your questions, and to answer client questions when you are unavailable. Your RealTax alliances will accelerate your learning curve, and be an asset to your practice.
Everyone is hearing about the changes in the accounting industry. You read about it in trade publications and you hear it at the seminars. The trend for sole practitioners is to specialize and build alliances to stay competitive and deliver a more comprehensive array of services.
“In order to stay on top of all these changes and to stay competitive many sole practitioners are beginning to affiliate with other local practitioners or are merging with other firms.”
— Steven Weinstein, CPA
Author, Successful Mergers and Acquisitions of CPA Firms
“Some firms will choose to stay autonomous and compete from their strengths, while others believe that the current pace of consolidation would finally result in sixty percent of the accounting profession being consolidated.”
— CPA Journal
RealTax professionals are real estate taxation and planning specialists. This is our niche and expertise. Given the stability and growth of the real estate market, the outlook for our services is extremely favorable. A large segment of the wealth in this country is held in real estate investments. These investors, our clients, are looking for ways to protect and pass on their real property assets. RealTax knows the best strategies and solutions to deliver the results these clients expect.
“The fastest growing firms are the strongest niche businesses, as local firms with the strongest specialties can become national powerhouses.”
— U.S. Industry & Trade Outlook
“Successful firms cite industry specialization as their main growth area, and client surveys say that industry knowledge is one of the main reasons for selecting a CPA firm. The benefits of niche marketing are many, including increased profitability, ease of identifying prospects and work that is not seasonal.”
— Journal of Accountancy
As the financial quarterback for your clients, it is important that you maintain your independence and the integrity of your trusted client relationships. It is a given that we understand and count on at RealTax. We also have come to understand that by building alliances with related professionals, we secure our place in the competitive and changing world of financial services.
“Accounting firms are changing there is little doubt about that. The firms will become more dependent on each other, fueling growth and service opportunities in the coming decade.”
— William L. Reeb
Author, Start Consulting: How to Walk the Talk
RealTax is a one-stop-shop of real estate taxation solutions for real estate investors. We have been delivering superior results in our niche for over 20 years.
“The marketplace is demanding one-stop shopping and asking for a strategic quarterback to help them (clients) deal with a changing and complex world.”
— Practical Accountant
“Added services will obviously dwarf accounting income eventually and have considerably higher margins.”
— Practice Builders Association
What is your plan for the future? Are you poised for growth? Are you aligned for stability? Do you have a strategy? As independent business owners, often there is not a lot of time for us to plan our future or refine our business plan to the changing times.
At RealTax we have addressed the core concerns of the sole practitioners with whom we would like to be aligned. Our package of benefits for RealTax Associates is a turn-key solution for accountants who see the value of specializing in a niche and aligning with related professionals.