The guidelines are simple: 

• - if you received an official document with some numbers - we probably need to see it
• - we need to see all pages, not just the front page
• - it is better to send us too many documents and pages than too few
• - if in doubt - send it

This can be tricky, especially in our first year if working together.

There are at least three ways to provide this data to us:

• - (most reliable) complete our custom Business tax organizers - please scroll below for details
• - provide reports from your bookkeeping system: QuickBooks, Quicken, Xero, TaxBot, Expensify, etc. Warning: your bookkeeping may not be ready for tax preparation, even if done by professional bookkeepers! We will have to see it first.
• - provide your own spreadsheets or other summaries. Warning: just like with bookkeeping systems, your worksheets may not be ready for tax preparation. Let us have a look, and we will tell you.

Closing statements (aka HUD-1 statements or closing disclosures) are several pages with numbers, often on legal size paper. You sign them at the title company when you buy, refinance or sell real property. We need to see these statements.

If your closing was informal - then we need your alternative documents: contracts, auction documents, etc. Whichever documents have the financial numbers.

Why do we need your 2021 tax return? Because it often contains numbers that affect your 2021 return: 

• - carry-forward losses and deductions that will otherwise be wasted
• - setup of depreciation that will otherwise require double work, for us and for you
• - patterns that may need to be followed, to avoid IRS audit flags

Why do we also ask for your 2019 and 2020 tax returns?

• - they may have additional helpful numbers
• - we may be able to find missed opportunities that are not too late to take

Short story: we will not insist, but it is absolutely to your advantage to provide prior tax returns!

This questionnaire covers basic personal information such as addresses, social security and phone numbers, etc., as well your IRS history and various preferences as to how you want us to handle your tax preparation. Only 2 pages.

The first page of this organizer, Annual update, is required for all clients, new and returning. It asks some simple questions that are essential for tax preparation and that often change from year to year.

The remaining 6 pages cover almost every deduction, credit, and tax saving opportunity that are available to US taxpayers. For example: interest and taxes on your personal residence, medical expenses and health insurance, childcare and college education, charitable donations, and a lot more.

Just three pages – but they include every tax deduction that Realtors can benefit from. Advertising, home office, driving – we have them all, neatly arranged and explained.

Our first-time clients always comment on how thorough and convenient this organizer is.

Note: this organizer is for Realtors without investment properties. If you are a Realtor and also an investor – then ignore this organizer and use the next one, RE Investor organizer,  instead!

This organizer is your best friend – if you want to minimize your taxes! It is where you describe your REI business, list your investment properties, and report all your business income and expenses that are NOT tied to a specific property. 

In addition to this organizer, each investment property - rental, flip or owner-financed - needs its own special organizer. These organizers are described below.

For each rental property that you owned at any point during 2023, you need to complete this 2-page organizer. It is short but comprehensive. We made sure that you will not miss anything that can reduce your taxes.

For each flip property that you owned at any point during 2023, both sold and unsold, you need to complete this 1-page organizer. Tax reporting of flips can be confusing, so please closely follow our instructions on this carefully designed organizer.

Taxation of notes and owner-financed properties is very complicated – so make sure to complete this single-page organizer very accurately. Of course, each note or property needs a separate page completed.

Yes, we can help you with pretty much any kind of business – whether it is something small on the side, like network marketing, or a f​ull-time primary business, such as computer consulting or a retail store.

If you’re not sure whether we can handle your specific type of business – just ask.

The guidelines are simple: 

• - if you received an official document with some numbers - we probably need to see it
• - we need to see all pages, not just the front page
• - it is better to send us too many documents and pages than too few
• - if in doubt - send it

There are at least three ways to provide this data to us:

• - (most reliable) complete our custom Business tax organizers - please scroll below for details
• - provide reports from your bookkeeping system: QuickBooks, Quicken, Xero, TaxBot, Expensify, etc. Warning: your bookkeeping may not be ready for tax preparation, even if done by professional bookkeepers! We will have to see it first.
• - provide your own spreadsheets or other summaries. Warning: just like with bookkeeping systems, your worksheets may not be ready for tax preparation. Let us have a look, and we will tell you.

Closing statements (aka HUD-1 statements or closing disclosures) are several pages with numbers, often on legal size paper. You sign them at the title company when you buy, refinance or sell real property. We need to see these statements.

If your closing was informal - then we need your alternative documents: contracts, auction documents, etc. Whichever documents have the financial numbers.

Returning clients: if any of your information has changed since last year (a new child, new address or phone, new bank account etc.) – simply enter these changes on the New Client questionnaire. Do not re-enter information that has not changed from last year.

The first page of this organizer, Annual update, is required for all clients, new and returning. It asks some simple questions that are essential for tax preparation and that often change from year to year.

The remaining 6 pages cover almost every deduction, credit, and tax saving opportunity that are available to US taxpayers. For example: interest and taxes on your personal residence, medical expenses and health insurance, childcare and college education, charitable donations, and a lot more.

If you decide to skip these pages – we can still prepare your tax return, but you will probably miss important tax breaks and pay more taxes than necessary. We recommend you complete every applicable section of this organizer, for maximum tax savings.

Just three pages – but they include every tax deduction that Realtors can benefit from. Advertising, home office, driving – we have them all, neatly arranged and explained.

Note: this organizer is for Realtors without investment properties. If you are a Realtor and also an investor – then ignore this organizer and use the next one, RE Investor organizer,  instead!

This organizer is your best friend – if you want to minimize your taxes! It is where you describe your REI business, list your investment properties, and report all your business income and expenses that are NOT tied to a specific property. 

In addition to this organizer, each investment property - rental, flip or owner-financed - needs its own special organizer. These organizers are described below.

For each rental property that you owned at any point during 2023, you need to complete this 2-page organizer. It is short but comprehensive. We made sure that you will not miss anything that can reduce your taxes.

For each flip property that you owned at any point during 2023, both sold and unsold, you need to complete this 1-page organizer. Tax reporting of flips can be confusing, so please closely follow our instructions on this carefully designed organizer.

Taxation of notes and owner-financed properties is very complicated – so make sure to complete this single-page organizer very accurately. Of course, each note or property needs a separate page completed.

Yes, we can help you with pretty much any kind of business – whether it is something small on the side, like network marketing, or a f​ull-time primary business, such as computer consulting or a retail store.

If you’re not sure whether we can handle your specific type of business – just ask.