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Real Estate Professionals

Real Estate Professional Tax Services in Windsor and Fort Collins, CO

Real Estate agents certainly see their share of ups and downs, similar to the oil & gas industry.  Due to the housing downturns, professional real estate brokers are known for surviving in famine or feast economic climates. At Grey CPAs, we enjoy working with real estate agents of Ft. Collins and Windsor and helping them sort out their tax and accounting in a way that keeps more money in their pockets.

If you are a real estate professional and are looking for clarification and a simple approach to investing, financial planning, tax planning and tax preparation, Grey CPAs is the best accounting firm in Windsor, Fort Collins and Northern Colorado for you! Call us today at 970-818-3055 to find out how we can help real estate professionals, like yourself, navigate the ever changing tax regulations for the real estate industry.

Northern Colorado Real Estate Business Planning

At Grey CPAs, our business planning services are equipped to provide real estate industry specific strategies of growth. As a real estate professional, your ambitions of success are for a reason. We will help you to come up with the precise business plan so that you can meet your income goals. With professional business planners by your side, even during a downturn, you can establish wealth today and sustain it into the future.

Tax Deductions for Fort Collins, Loveland, and Windsor Real Estate Professionals

Meeting with clients, paying for marketing flyers and much more are expenditures of a real estate professional. These items add up over the years. However, did you know most of these can be deducted during your annual tax return filing? That is right, keeping accurate records of all your real estate related expenses will help reduce your tax liability. Our experienced CPAs can provide you a robust tax deductions checklist for real estate professionals.

Real Estate Agent Tax Planning Services in Windsor, Colorado

As an independent contractor, tax withholding is not an option if you are a real estate professional. Therefore, tax planning is essential to avoid unforeseen tax payments during tax season. Taking advantage of all the tax deduction activities during the year is also a way to reduce tax liability.
Here is some tax deductions that you can plan for as a real estate agent:

  • Mileage – based on the standard mileage rate, all business-related traveling in your vehicle is deductible.
  • Meals – business related means whether with a client or another agent are deductible
  • Entertainment – any entertainment related expense spent on your clients is deductible
  • Home Expenses – deductions on the portion of your home you use for your real estate business may be deductible.

Do not make guess work out of your taxes and plan for taxes now to maximize deductions. Grey CPAs works with real estate agents and other industries to provide tax and accounting services. Our experience working with real estate agents and investors will give you the confidence you need to confirm your taxes are in good hands. As a result, you can focus on cultivating your real estate clientele and meeting your business goals.
For questions or to find out how we can help you with your real estate specific industry taxes, do not hesitate to contact us for a free consultation at 970-818-3055.