Business Details
30 Years
experience
Real Estate Tax Experts for Investors
REI Tax Firm has been dedicated to serving professional real estate investors since 1996, specializing in tax strategies tailored to the unique needs of the real estate industry. Our team understands complex real estate transactions, including hard money deals, subject-to agreements, and wholesaling, and has provided expert tax guidance to investors nationwide for over 25 years. We differentiate ourselves by offering year-round support rather than just seasonal tax preparation, actively reviewing financials and implementing tax planning strategies to improve client outcomes. Operating entirely remotely, we serve all 50 states through secure cloud technology, eliminating the need for in-person visits. Founded by Michael Plaks, a nationally recognized authority on real estate taxation known as the 'Black Belt' in this field, our firm combines deep technical expertise with personalized service. Our team includes experienced professionals like David Diaz, Eva Pecht, Nedra Hall, and Daniel Quiroz, who bring specialized skills in tax preparation, business development, and client relations.We prioritize transparency, direct communication, and practical solutions, as evidenced by client testimonials praising our accuracy, responsiveness, and industry-specific knowledge. Our proprietary tools and methodologies, developed through decades of working exclusively with real estate businesses, ensure clients receive actionable advice that aligns with IRS regulations. From initial consultations to comprehensive tax management programs, we cater to both new and established investors. Our commitment to the real estate community is reflected in our educational efforts, including presentations at REI clubs and publications that help investors navigate tax complexities while maximizing profitability.
Services
Tax Preparation
Tax Planning
IRS Representation
Bookkeeping Review
Real Estate Consulting
Details
- Year established: 1996
Highlights and features
- We specialize in real estate tax strategies with 25+ years of industry experience
- Our team includes Enrolled Agents with IRS representation rights
- We provide year-round tax advisory, not just annual filings
- Secure remote services available nationwide for all 50 states
- Proprietary tax planning tools developed through decades of real estate focus
What people say
TRUE expert in his field
Blown away by service quality
Year-round tax advisory value
Secure remote technology works well
Understands real estate complexities
Services
Tax Preparation
Our tax preparation service specializes in complex real estate transactions, including property flips, rental portfolios, and wholesaling deals. We handle IRS forms related to depreciation, 1031 exchanges, and business expense deductions while ensuring compliance with current tax codes. Clients receive detailed explanations of their tax positions and potential savings opportunities specific to real estate investing.
Tax Planning
We develop year-round tax planning strategies to minimize liabilities and maximize cash flow for real estate professionals. This includes quarterly estimated tax calculations, entity structure optimization, and deductible expense planning tailored to various investment models like BRRRR or buy-and-hold. Our approach integrates with clients' overall business operations and growth plans.
IRS Representation
Our Enrolled Agents represent clients during IRS audits, collection matters, and correspondence. We specialize in resolving tax issues related to real estate transactions, including unreported income disputes and documentation requirements for complex deals. Services include audit defense strategy development and direct communication with tax authorities on behalf of clients.
Bookkeeping Review
We review clients' financial records to ensure accurate tax reporting and identify business improvement opportunities. This includes categorizing real estate-specific expenses, optimizing accounting systems for property management, and providing recommendations to enhance financial reporting accuracy for investment portfolios.
Real Estate Consulting
Our consulting services cover entity formation, tax-efficient business structures, and compliance strategies for real estate entrepreneurs. We advise on tax implications of different investment strategies, help implement accounting systems tailored to real estate operations, and provide ongoing guidance for business growth and risk management.
People
Michael Plaks
Founder
Enrolled Agent with 25+ years of real estate tax expertise, recognized as 'Black Belt' in the field. Author and speaker who develops proprietary tax strategies while leading client consultations and training programs for the team.
David Diaz
Tax Services Manager
EA with 15+ years of experience managing technical operations. Specializes in IRS rules, business operations, and real estate tax compliance while handling client technical inquiries and implementing Michael Plaks' methodologies.
Eva Pecht
Business Development Manager
Manages client onboarding and process guidance with diverse industry experience spanning market research, logistics, and retail. Serves as primary client contact while applying sales and marketing expertise to client relationships.
Nedra Hall
Tax Specialist
Tax services team member with focus on process optimization and error prevention. Applies analytical skills to tax preparation while leveraging extensive experience in small business efficiency improvements and detail-oriented financial work.
Daniel Quiroz
Tax Specialist
Experienced tax preparer known for rapid learning and training capabilities. Focuses on precision tax work while supporting both client deliverables and internal quality control processes with meticulous attention to detail.
Questions
What real estate tax services do you offer?
We provide tax preparation, planning, IRS representation, bookkeeping reviews, and consulting specifically for real estate investors, covering transactions like flips, rentals, and wholesaling.
How do you work with remote clients?
We use secure cloud technology for document sharing and communication, serving all 50 states entirely virtually without requiring in-person meetings.
What experience do you have with real estate taxation?
Our team has 25+ years of combined experience focusing exclusively on real estate tax matters, including IRS representation and developing specialized tax strategies for investors.
Can you help with existing tax problems?
Yes, we resolve IRS audits, collection matters, and tax disputes related to real estate transactions, including unreported income claims and documentation issues.
What tax planning strategies do you use?
We implement year-round planning including entity optimization, deductible expense strategies, and cash flow management tailored to real estate business models and investment cycles.
How are you different from general accountants?
We specialize exclusively in real estate taxation, understanding industry-specific transactions and providing actionable advice from professionals with decades of real estate-focused tax experience.
Reviews (7)
Brandon Mason
Jan 04, 2022
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Michael, David, and team have taken the time on multiple occasions to thoroughly review, analyze, and strategize our yearly taxes and structure based off of our current business model and assets - with adaptability as our business expands. For real estate taxation and business advisory, REI Tax Firm is the choice. #smallgiant
Norma Garza Agent Norma
Dec 31, 2021
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Positive:Professionalism,Quality,Responsiveness,Value
Michael an his team always take their time to answer our questions and make sure we get every credit we qualify for. Highly recommend them to any and all Real Estate Professionals.
Michael an his team always take their time to answer our questions and make sure we get every credit we qualify for. Highly recommend them to any and all Real Estate Professionals.
James Loughlin
Dec 24, 2021
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I just had a very long conversation with Michael Plaks and am just amazed. I am part owner of an architectural firm, have owned two other businesses in the past, and have dealt with many professionals in the last 40 years. The conversation ranks in the top five as to quality. We discussed some very esoteric tax issues. Even though I have been around the block a couple of times I am not an expert in taxation. Michael was able to be clear and concise in his explanations. His ability to bring complex issues to a layperson's level is extraordinary. Maybe most impressive, however, was not only his knowledge
Kristyn Grimes
Jun 27, 2021
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My husband and I had our last few years personal and business taxes done with Michael and his team. We could not have asked for better service. They saved us $20k+ on our personal taxes regarding our special family dynamic. That alone was worth the money but the extremely professional and timely communication we also received during the process only added to the value. As our new business grows, we will always have REI Tax Firm along with us for the ride.
Oleg Malkin
May 14, 2021
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You will be hard-pressed to find a better expert in the real estate taxation area. If you do anything with real estate you really cant rely on your average tax preparer to know all the intricacies of RE taxes. There re just too many nuances. Michael Plaks is the go-to guy in the industry. He is nationally known just check biggerpockets forums. A real fun character to talk to as well. 5 stars!
Blake Yarborough
Mar 03, 2021
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Mike has done my taxes for several years. He understands not only the RE investing part of my business but also my lending and note businesses. I recommend him to any level of investor looking for tax preparation solutions for their growing business.
Adam Schachter
Mar 01, 2021
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I've been friends with Michael Plaks for around 15 years and a client for around 5 or 6. His firm is my fourth CPA firm--the previous three were fired because of poor customer service skills and an inability to explain anything about my tax situation in a way that I could understand. Their work was fine, but I hated spending thousands and feeling clueless. Michael's firm first did the accounting work for my law firm, and I now have a complicated inventory-based business. I happily pay my annual fee because I have complete faith that: (1) the work will be done properly and timely (2) they will take
