Tax & Accounting Built for Landlords and Rental Property Owners
Whether you own one rental down the street or a portfolio spread across the country and abroad, Portfolio Tax Triage handles the numbers so you can focus on your properties.
- Rental IncomeSpecialist Focus
- Domestic & InternationalRental Owners Served
- Year-RoundTax Planning Support
- Orlando, FLProudly Based
Rental Property Accounting Is a Different Animal & We Speak the Language
From depreciation schedules and passive activity rules to FIRPTA obligations for foreign rental income, the tax code treats real estate investors differently. Portfolio Tax Triage specializes in rental income for private landlords and property owners here in the U.S. and overseas, so you get advice that actually fits your situation not a generic return.
Every Service Your Rental Portfolio Needs
Tax Preparation & Planning
We prepare returns that capture every deduction your rental properties qualify for — mortgage interest, depreciation, repairs, travel, and more — and plan ahead so April never catches you off guard.
Bookkeeping
Clean, property-by-property books every month so you always know your net operating income, expenses, and cash position across your entire portfolio.
Advisory & CFO
Thinking about adding a property, restructuring your LLCs, or managing cash flow between closings? We provide CFO-level guidance tailored to real estate growth.
Payroll
If you employ property managers, maintenance staff, or administrative help, we handle payroll filing and compliance so you stay focused on your properties.
IRS Resolution
Rental income discrepancies and passive loss audits are more common than people think. If you receive an IRS notice, we step in and represent you every step of the way.
Real Estate Tax FAQs
Can I deduct repairs and improvements on my rental property?+
Generally yes — routine repairs are deductible in the year they occur, while improvements must be depreciated over time. We help you classify expenses correctly so you maximize deductions without triggering IRS scrutiny.
How does depreciation work for rental properties?+
Residential rental property is typically depreciated over 27.5 years using the straight-line method. A cost segregation study can sometimes accelerate deductions — we'll help you decide if that makes sense for your portfolio.
I own a rental property outside the U.S. — do I still owe U.S. taxes?+
Yes. U.S. citizens and residents must report worldwide income, including foreign rental income. There are credits and treaties that may reduce double taxation, and we're experienced in navigating those rules.
What is FIRPTA and does it affect me?+
FIRPTA (Foreign Investment in Real Property Tax Act) applies when foreign persons sell U.S. real estate, requiring withholding at closing. If you're a foreign landlord or buying from one, we'll make sure obligations are handled correctly.
How do passive activity loss rules affect landlords?+
Rental losses are usually considered passive and can only offset passive income — unless you qualify as a real estate professional or meet the active participation exception. We analyze your situation to make the most of available losses.
What records should I keep for my rental properties?+
Lease agreements, rent receipts, bank statements, invoices for repairs and improvements, mortgage statements, and mileage logs are all important. Good bookkeeping year-round makes tax season far less stressful — and we can handle that for you.
Let's Put Your Rental Portfolio on Solid Financial Footing
Whether you're a first-time landlord or managing properties across multiple states and countries, Portfolio Tax Triage is here to make the tax and accounting side simple and stress-free. Reach out today and let's see how we can help.