Real Estate

Real Estate CPA and Tax Services in Miami

Specialized CPA services for Miami real estate investors, developers, brokers, and property owners.

Real estate in Miami runs on a different tax code than most industries. Depreciation, 1031 exchanges, cost segregation, passive activity rules, short-term rental day tracking, and FIRPTA for foreign owners all shape the outcome more than the tax return itself. Levine CPA and Advisors has served Miami real estate clients since 1984, working with investors, developers, brokers, and property managers to turn strategy into after-tax dollars saved.

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Our Experience
Our principals have advised Miami real estate owners through changing tax laws, interest rate cycles, market expansions, and downturns since 1984. That long-term experience lets us identify planning opportunities before they become filing deadlines, from the 1986 Tax Reform Act's passive activity rules through TCJA's bonus depreciation, Opportunity Zones, and the current post-pandemic Miami real estate cycle.
What Miami Real Estate Clients Need from a CPA
Depreciation & Cost Segregation
Optimize depreciation on residential and commercial holdings.
1031 Exchange Coordination
Structure exchanges with your QI and attorney to defer gain.
Rental Property Accounting
 Schedule E, expense tracking, and multi-property reporting.
Short-Term Rental Tax
Day-count tracking, material participation, and STR-specific rules.
FIRPTA Compliance
Withholding, exemptions, and Form 8288 for foreign sellers and buyers.
Real Estate Professional Status
REPS eligibility review and documentation.
Entity Structuring
 LLC, LP, and holding company setup for real estate portfolios.
Why Levine CPA and Advisors for Real Estate
40 years advising Miami owners through market cycles

Since 1984, from single-property owners to multi-entity portfolios.

Coordinated with attorneys, QIs & cost-seg engineers

We work as part of your legal, 1031, and cost-segregation team.

FIRPTA fluency for the LATAM and European investor base

Foreign investor structuring is a core part of our practice.

Principal-level involvement on every file

Jack Levine and Steven Levine directly involved, not a rotating junior team.

Schedule a consultation with your Miami Real Estate CPA.

Call (305) 912-0085 or schedule a consultation with Levine CPA and Advisors.

Schedule a Consultation
1. Property & Portfolio Discovery
Review holdings, entities, financing, prior returns, and any 1031 or cost-seg opportunities on the table.
2. Depreciation Schedule Rebuild
Optimize existing depreciation schedules and, when the math justifies it, coordinate a cost-segregation study.
3. Entity & FIRPTA Structuring
Set LLC, LP, or holding-company structure and put FIRPTA protocols in place for foreign owners.
4. Filings, 1031 & FIRPTA Execution
Prepare returns, coordinate with your QI on exchanges, and file Forms 8288 and 8824 as needed.
5. Portfolio-Level Advisory
Quarterly reviews on acquisitions, dispositions, refinancing, and long-term hold strategy.
Common Real Estate Client
Situations We Handle
Buy-and-hold investors with growing portfolios
Developers structuring project entities and profit distribution
Short-term rental owners across Miami Beach and South Florida
Foreign nationals investing in Miami condos and rental property
Who We Work With in Real Estate
Levine CPA and Advisors supports a wide range of real estate clients across Miami and South Florida:
  • Real estate investors across Miami, Brickell, Coral Gables, and South Florida
  • Multifamily owners in Miami-Dade and Broward
  • Commercial property owners in Brickell, Downtown Miami, and Coral Gables
  • Residential landlords across Miami-Dade
  • Real estate developers building in Edgewater, Wynwood, and Brickell
  • Short-term rental owners running Airbnb and VRBO properties in Miami Beach and Sunny Isles
  • Short-term rental owners running Airbnb and VRBO properties in Miami Beach and Sunny Isles
  • Real estate agents and brokers licensed in Florida
Tax Strategies We Frequently Help Miami Real Estate Clients Implement
  • Cost segregation studies on residential and commercial holdings
  • Bonus depreciation on qualifying property
  • Section 179 planning on equipment and improvements
  • 1031 like-kind exchanges
  • Installment sales for tax deferral
  • Opportunity Zone (QOZ) investments
  • Real Estate Professional Status (REPS) qualification
  • Passive activity loss optimization
  • Entity restructuring for tax efficiency
  • Capital gains planning around dispositions
Common Tax Mistakes We Help Miami Real Estate Clients Avoid
  • Missing cost segregation opportunities on eligible properties
  • Incorrect depreciation schedules carried over from prior CPAs
  • Losing REPS eligibility due to poor time-log documentation
  • Mishandling the 45-day and 180-day 1031 exchange deadlines
  • FIRPTA withholding mistakes on foreign-owner sales
  • Poor entity structure that limits deductions or triggers phantom income
  • Mixing personal and rental property expenses
  • Inadequate documentation for material participation on rental activities

What Our Clients Are Saying

Trusted by 500+ clients
5/5
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Isaac Orzechowitz

I have been using this firm since 2005 as my accountants and advisors on complex businesses and tax matters. Jack has also successfully represented me at a complicated IRS matter. Professional, Extremely knowledgeable, straight forward, and personalized attention is what you can expect. I continue to recommend them highly.

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Nathan Katz

Jack Levine has handled our taxes for 10+ years. We are very happy with the work he does. Our taxes are a bit complicated, but he handles everything easily, promptly, smoothly.

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Nick Dubow

I have been a client since 2004. There are too many things to write in the little space allocated. The attention to detail and his knowledge of the tax law which changes often is comforting and one less thing to worry about. The best thing about my experience with Jack is his quick response to my email or call.

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Jeff Marcus

Jack Levine and his incredible staff provided highly professional service in preparation of my 2024 tax return. They were extremely efficient and very pleasant through the process.

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Michael Pereira

I have to tell everyone. Dont go anywhere else. I have done the shopping for you!. Jack and the entire organization did such a amazing job and truly went above and beyond!. He is extremely insightful and such a professional. From the initial phone call to our meeting in person, the pricing and the entire process was phenomenal. We operate a private bank and need only the top of the line infrastructures. I was in a time crunch and very stressed and they quickly were able to do such an amazing job.

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Yisroel Biberfeld

I am very happy with the work that Steven and his team produces. The service was quick, but completely thorough, and they were always available to answer any questions I had, and give guidance I needed in a very timely manner. I would definitely recommend them to anyone looking for tax services!
Jack Levine and his incredible staff provided highly professional service in preparation of my 2024 tax return. They were extremely efficient and very pleasant through the process.
Jack Levine has handled our taxes for 10+ years. We are very happy with the work he does. Our taxes are a bit complicated, but he handles everything easily, promptly, smoothly.

FAQS

Frequently Asked Questions Answered

Do you handle 1031 exchanges?
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Can you help with cost segregation?
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Do you work with foreign real estate investors?
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How do I get started?
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What is Real Estate Professional Status (REPS) and do I qualify?
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Can you amend prior returns to capture missed depreciation?
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Do you handle Opportunity Zone investments?
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Can you help with installment sales structuring?
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Schedule a Consultation with Your Miami Real Estate CPA

Levine CPA and Advisors has supported South Florida individuals, businesses, and organizations for more than 40 years. Call (305) 912-0085 or submit our contact form to schedule a consultation with a Miami real estate CPA today.

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