Accounting That Works as Hard as Your Properties Do
From rental income tracking to depreciation schedules, SouthEast Alaska Tax Service helps real estate owners and investors stay organized, compliant, and ready for tax season.
Real Estate Has Its Own Set of Rules — We Know Them
Rental income, property depreciation, passive loss limitations, 1031 exchanges — real estate accounting isn't like any other industry. SouthEast Alaska Tax Service understands the specific tax code provisions that apply to property owners and investors, so you capture every deduction you're entitled to without running into costly mistakes.
Services Tailored to Real Estate
Rental Income Tax Prep
We prepare your federal and state returns with a close eye on rental income, allowable expenses, and depreciation — so you're not leaving money on the table.
Depreciation Schedules
We build and maintain accurate depreciation schedules for your properties, ensuring you claim the right deductions each year without triggering IRS scrutiny.
Bookkeeping for Property Owners
Clean, monthly books that separate income and expenses by property — so you always know your numbers and closing the year is stress-free.
Tax Planning & Strategy
Whether you're buying, selling, or holding, we help you plan around capital gains, passive loss rules, and key real estate tax provisions before decisions are made.
IRS Resolution
Received an IRS notice about rental income or an audit? We represent you through the process so you don't have to navigate it alone.
Payroll for Property Managers
If you employ property managers or maintenance staff, we handle your payroll filings so you stay compliant and focused on your portfolio.
Real Estate Tax Questions, Answered
Can I deduct expenses on my rental property?+
Yes — mortgage interest, property taxes, insurance, repairs, management fees, and depreciation are among the deductions available to rental property owners. We make sure none of them are missed.
What is depreciation and why does it matter?+
Depreciation lets you deduct the cost of your property over time, reducing your taxable income each year. Accurate schedules are essential — errors can cause problems when you sell.
What are passive loss rules and how do they affect me?+
The IRS generally treats rental income as passive, which limits how losses can offset other income. We help you understand how these rules apply to your situation and plan accordingly.
I'm thinking about a 1031 exchange. What do I need to know?+
A 1031 exchange lets you defer capital gains taxes when you sell and reinvest in a like-kind property, but strict timelines apply. We can help you stay organized and work alongside your qualified intermediary.
Do I need to pay estimated taxes on rental income?+
Likely yes — if you expect to owe tax on rental income, the IRS generally requires quarterly estimated payments. We help you figure out the right amounts so you avoid underpayment penalties.
What if I received an IRS notice about my rental income?+
Don't ignore it. SouthEast Alaska Tax Service can review the notice, respond on your behalf, and work toward a resolution — whether it's a simple clarification or a more involved audit.
Ready to Get Your Real Estate Finances in Order?
Whether you own one rental property or a growing portfolio, SouthEast Alaska Tax Service is here to help you stay organized and confident year-round. Reach out today and let's find a time to talk through what you need.