Keep More of Your Rental Income — Real Estate CPAs in Dallas, TX
Cornerstone does tax and accounting for real estate investors — and only investors. Cost segregation, 1031s, and depreciation strategy that turn your properties into a tax advantage, not a headache.
Tax Strategy Built for Investors
🏢 Investors Only ✓ Cost Seg · 1031 · REPS 📉 Accelerated Depreciation
We Only Do Real Estate
Cornerstone Property CPAs was founded in 2012 for a specific person: the real estate investor whose generalist accountant files a return but leaves real money on the table. Cost segregation, bonus depreciation, 1031 exchanges, Real Estate Professional Status — these are the tools that make real estate the most tax-advantaged asset there is, and most CPAs simply don't use them well.
We do real estate tax and nothing else. That focus means we've run the numbers on 2,000+ properties, accelerated more than $60M in depreciation for our clients, and know exactly how to structure a portfolio so it works for you at tax time. From your first duplex to a multi-state portfolio, we're the CPAs who treat your real estate like the wealth engine it is.
- ✓Real estate investors only
- ✓Cost seg, 1031, REPS & depreciation
- ✓Single properties to multi-state portfolios
- ✓2,000+ properties · $60M+ accelerated
Why Investors Switch to Us
Because a generalist CPA and a real estate specialist produce very different tax bills.
Real Estate Is All We Do
Deep specialization means we use the strategies generalists miss — and that difference shows up in your refund.
We Find the Depreciation
Cost seg and bonus depreciation, done right, routinely create deductions that dwarf our fee. It's our signature move.
We Speak Investor
1031s, REPS, STR rules, K-1s, multi-state — we live in this world every day, so nothing about your portfolio surprises us.
Built to Scale With You
Whether you own one rental or a hundred doors, our structuring and strategy grow right alongside your portfolio.
Trusted by DFW Investors
A single cost segregation study on my apartment building created a $210K first-year deduction. Cornerstone paid for itself a hundred times over. They know real estate tax cold.
They structured my 1031 exchange perfectly and I rolled every dollar of gain into a bigger property, tax-deferred. My old CPA never even mentioned it was possible.
Qualifying for Real Estate Professional Status changed my whole tax picture — my rental losses now offset my other income. Cornerstone got the documentation right so it holds up.
I own properties in three states and a dozen LLCs. Cornerstone untangled the whole portfolio, structured it right, and now tax time is calm instead of chaos.
A Six-Figure Deduction Hiding in Your Property
When you buy a rental, the IRS makes you depreciate it slowly — 27.5 or 39 years. But a cost segregation study reclassifies the parts of your property that actually wear out faster (fixtures, flooring, land improvements) into 5-, 7-, and 15-year buckets, letting you take much of that depreciation now instead of decades from now. On many properties that's a six-figure first-year deduction — cash back in your pocket this year. It's the single highest-impact move most investors have never made.
- ✓Engineering-based cost seg studies
- ✓Six-figure first-year deductions common
- ✓Bonus depreciation stacked on top
Frequently Asked Questions
What is cost segregation and is it worth it?
Cost segregation is an engineering-based study that reclassifies parts of your property into shorter depreciation schedules, letting you take far more depreciation in the early years. For most properties above roughly $200K in basis, the first-year deduction dwarfs the cost of the study — often by 10x or more. We'll run a free estimate so you know your numbers before committing.
Can you handle my 1031 exchange?
Yes. We plan the exchange, coordinate with your qualified intermediary and closing, and make sure it meets the strict timelines and rules so your gain defers cleanly. Good planning before you sell is the key — talk to us before you list, not after.
What is Real Estate Professional Status (REPS)?
REPS is a tax status that, when you qualify, lets you use rental losses to offset your other income — a powerful benefit normally limited for rentals. Qualifying requires meeting specific hour and material-participation tests, and the documentation has to be right. We help you qualify and keep the records that hold up under scrutiny.
Do you work with short-term rental (Airbnb) owners?
Absolutely. Short-term rentals have their own powerful tax treatment — the so-called 'STR loophole' — that can let active owners deduct losses against W-2 income without REPS. We know the material-participation rules cold and structure your STR to capture the benefit.
I own properties in multiple states and LLCs. Can you help?
That's our wheelhouse. We handle multi-state filings, K-1s, and complex entity structures, and we'll advise on the cleanest holding structure for asset protection and tax simplicity as your portfolio grows.
How are your fees structured?
Ongoing tax and accounting is a flat annual or monthly fee based on your portfolio, and projects like a cost seg study are quoted per property. Everything's transparent up front — and for most investors, the tax savings far exceed what we charge.
How We Start
From first call to a real tax strategy for your portfolio.
Portfolio Review
We look at your properties, entities, and last return, and pinpoint the depreciation and strategy you're missing.
Build the Strategy
Cost seg, 1031 planning, entity structuring — we build the plan that lowers your tax bill this year and next.
Execute & Grow
We handle your ongoing tax and accounting and keep the strategy sharp as your portfolio scales.
Turn Your Properties Into a Tax Advantage
Book a consultation and find the depreciation and strategy your last CPA left on the table.
Book Your Investor Consultation
Tell us about your portfolio and we'll show you what you're missing. Response within one business day.
- Visit us2001 Ross Ave, Suite 700, Dallas, TX 75201
- Call us(214) 555-0176
- Email usinvest@cornerstonepropertycpas.com