Lisa T. had a small portfolio of vacation rentals but struggled with the seasonal nature of the income and its tax implications. “I was getting killed on taxes during peak seasons, then struggling in the off-season,” she explains.
Barr Advanced Tax Solutions implemented a comprehensive strategy. “First, they helped me set up a management company, which allowed for more consistent income treatment,” Lisa says. “Then, they introduced me to advanced expense tracking and categorization, which maximized my deductions.”
The firm also guided Lisa on entity structuring. “By creating the right mix of LLCs and S-Corps, we were able to optimize both asset protection and tax treatment.”
The results were transformative. “Within two years, I tripled my portfolio size. More importantly, my net income quadrupled thanks to the tax strategies Barr put in place. I went from constantly worrying about taxes to using tax strategy as a growth tool.”
