A KMM CPA Group company

Tax and accounting for real estate owners and investors

Klein Real Estate does the returns and accounting for entities that own and operate property. For owners and investors, depreciation, basis, and structure carry as much weight as the return itself.

Klein Real Estate is the real estate practice of KMM CPA Group. The practice prepares returns and keeps the books for the entities that own and operate real estate. It also advises on the decisions that shape those returns: how a purchase is structured, how it is depreciated, and how a sale or exchange is timed.

Investors and sponsors rely on the practice for clean K-1s delivered on time, and on the coordination with Klein Muskat and Klein Mirsky when the same family owns the operating business and the building it sits in.

What Klein Real Estate handles

01

Real estate entity and partnership returns

Returns for LLCs, partnerships, and holding entities that own and operate property.

02

1031 like-kind exchanges

Tax treatment and reporting for deferred-gain exchanges of investment property, and the 45-day and 180-day clocks.

03

Cost segregation coordination

Working with engineering studies to accelerate depreciation where it makes sense.

04

Rental and property accounting

Books for rental portfolios and operating properties, kept by property and by entity.

05

Depreciation and basis strategy

Depreciation schedules and basis records kept from acquisition through sale, so the gain on exit is right.

06

Investor and syndication reporting

Partnership K-1s and the investor statements that go with them.

Who we serve

Individual investorsFrom the first rental to a portfolio.
Partnerships and syndicationsSponsors and their investors.
Owner-occupied propertyCoordinated with Klein Mirsky for the operating company.

Speak with Klein Real Estate

Tax strategy for property, from acquisition to exchange.