Clean K-1s and accurate partnership returns — on time.
The real cost of bad partnership accounting.
Wrong allocations. Confused capital accounts. Investors who stop trusting the numbers. The tax return isn't the deliverable — the K-1 an LP can hand to their CPA without questions is the deliverable.
How Simon runs syndication tax work.
He prepares the partnership returns and issues clean, timely K-1s that match your operating agreement. He tracks preferred returns, promotes, and capital accounts so the economics stay accurate through capital events.
Syndicators among his 250+ real estate clients stay with him because the reporting is reliable and the communication is fast. You always know where things stand.
Fund and multi-entity structures.
JV entities, holding companies, and GP/LP splits are standard for us. Simon works alongside your operating attorney so the tax structure reflects what the docs actually say — not a simplified approximation.
Questions Simon answers fast.
- How should we structure the next fund for tax efficiency?
- Simon reviews the intended waterfall, investor mix, and asset plan before you draft the PPM. Restructuring after formation is expensive.
- What happens when an LP transfers their interest?
- 753/754 elections, revaluations, and inside/outside basis adjustments are all part of the workflow.
- Can we do a 1031 inside the partnership?
- Yes — but the mechanics (drop-and-swap, TIC structures) need to be set up well before the sale. Ask early.
- When will LPs get their K-1s?
- Simon commits to a delivery window in your engagement letter and stands behind it.
These strategies compound.
If your current K-1 process feels stressful, talk to Simon.
Book a focused conversation. Simon will review your situation and lay out the path forward — clearly, in plain English.