A New Jersey real estate CPA firm that plans before you close.
You own rentals, flips, or syndication deals in New Jersey. Most CPAs file the return and stop there. They miss the cost segregation study, the 1031 window, and the New Jersey rules that quietly undo federal strategies.
Real estate tax and accounting services for investors and developers.
You need a real estate accountant who understands cost segregation, 1031 exchanges, passive activity rules, partnership K-1s, and clean property-level books. Someone who answers questions before the transaction closes, not after tax season. Every deduction found in March is one that could have improved cash flow the year before.
You also need an advisor who knows what this state does differently. It disallows bonus depreciation, caps Section 179 at $25,000, gives no break for long-term gains, and withholds from out-of-state sellers at the closing table. Firms outside the real estate industry here miss all of it, and so do most national ones.
Simon Klein has helped more than 250 investors navigate exactly these problems. He works with real estate developers, syndicators, property managers, fix-and-flip operators, brokers and rental owners, on residential and commercial real estate alike. Whether the holdings sit in one LLC or a dozen, accounting for real estate starts with knowing what each asset earns and what each one expenses.
Financial statements your lender will accept, depreciation tracked so it survives a sale, and passive activity deductions you can actually use. That is the real estate business side of the work, and it runs all year rather than in April.
Real estate accounting services from a NJ CPA firm.
Cost Segregation
Accelerate depreciation with engineering studies and bonus depreciation, handled cleanly against NJ non-conformity.
1031 Exchange Planning
Defer federal capital gains and navigate NJ GIT/REP withholding before the property goes under contract.
Real Estate Professional Status
Unlock passive losses against W-2 or active income with defensible material-participation documentation.
Syndication & Partnership Tax
Clean, on-time K-1s, accurate capital accounts, and defensible allocations your LPs actually trust.
Property Accounting & Acquisition Support
True property-by-property books, acquisition due diligence, and reporting your bank and partners can read.
Not sure where to start?
Tell Simon about your portfolio. He'll point you to the highest-leverage move first.
Where federal depreciation strategies stop working for NJ real estate holdings.
A plain-English guide to the state rules that change the arithmetic on New Jersey property, written by the CPA who files the forms.
Read the NJ tax guide
A real estate CPA firm built on trust, not a call center.
Simon Klein, CPA is the founder of Simon Klein & Co., a boutique CPA firm based in Howell, New Jersey. Simon is a member of the AICPA and the New Jersey Society of CPAs, and holds credentials in tax representation and QuickBooks.
You'll work with Simon directly, not passed from junior to junior. That's how proactive planning actually happens.
"The real value is having someone I can call before making a major business decision."
For years, our accountant filed the returns and that was the end of the conversation. Simon took a completely different approach. He reviewed our year-to-date numbers, identified planning opportunities we had never discussed, and helped us make decisions throughout the year.
"I can't stress how much we have benefited from their incredible client service and quick turnaround time."
We're a medium-sized real estate investment and syndication firm. Prompt responses, proactive guidance, and utmost professionalism throughout every engagement.
"I feel like I have someone in my corner year-round."
My previous CPA filed the returns and that was about it. With Simon, he answers my questions quickly, keeps me informed, and brings ideas to the table instead of waiting for me to ask.
Ready for clarity on your next move?
Book a focused conversation. Simon will review your situation and lay out the path forward, clearly, in plain English.