Your tax bill could be a down payment.
Positioned the right way, investing in real estate could simultaneously lower your tax bill while building a portfolio you own.
Attorney-led. Agent-executed. A Utah team for W-2 couples and business owners earning $300K+ who want a lower tax bill.
Full-service, start to filing.
Built on the tax code, run by real estate professionals. A clear engagement path from your first call to a strategy that runs alongside your CPA at filing time.
Want the deeper cuts on each strategy? Watch the five strategy explainers →
Licensed professionals. One playbook.
Attorneys who architect the tax strategy, Utah agents who execute on the real estate. Real people, real credentials, based here in Utah.
High income, high taxes, and a strategy gap.
The tools that meaningfully lower a high earner's effective rate aren't on most accountants' menus. Here's where the money quietly leaks.
Your income can be taxed at the highest rates
Wages and active business income stack federal marginal brackets on top of Utah's flat state income tax. Without a deliberate structure, there is very little a high earner can do to bring that effective rate down.
Compliance without strategy leaves money on the table
Most accountants are built to report what already happened, which is critical work but reactive. Far fewer architect entity structures, REPS qualification, and cost segregation in advance. That up-front planning is where the real savings live.
You may be losing the $25k passive loss allowance
The special $25,000 allowance that lets some taxpayers deduct rental losses against ordinary income phases out between $100k and $150k of modified AGI. For most high earners, it's already gone, so passive real estate losses sit trapped and suspended.
One signature methodology, executed end to end.
Qualify a spouse under REPS, structure the entities, acquire the right Utah property, and cost-segregate the basis. Each step sequenced so the strategy holds up under examination.
Strategy and execution shouldn't live in three different offices.
Most people try to stitch together a random agent, a CPA, and a lawyer who have never spoken. We put the legal strategy and the real estate execution under one roof, working from the same plan.
"We don't sell tax tricks. We build defensible structures around real assets."
The Repsie team
What the play can look like in practice.
Household ordinary income
Utah rental acquired in Year 1
Year-1 deduction from cost seg + 100% bonus depreciation
Illustrative Year-1 tax savings at a combined ~37% federal + Utah rate
Show the math behind the deduction
Property basis: $750,000 purchase price, less roughly 20% land value → depreciable basis ≈ $600,000.
Cost segregation reclassification: Industry benchmarks for single-family rentals identify ~18% of building basis as 5/7/15-year personal property and land improvements (CostSegSmart 2026 benchmark, median 18.3% for SFRs) → ~$108,000 of accelerated depreciation.
100% bonus depreciation: Permanently restored under the One Big Beautiful Bill Act (signed July 2025) for property placed in service after Jan 19, 2025. The full $108,000 is deductible in Year 1.
Downstream tax impact: When the deduction is applied against a combined ~37% federal + Utah marginal rate (top MFJ federal brackets plus Utah's 4.55% flat rate), the $108,000 deduction translates to roughly $40,000 of reduced Year-1 tax. The actual amount depends on your bracket, other income, and REPS qualification.
Illustrative only. Hypothetical example, not a promise or projection. Actual outcomes depend on your specific facts, the cost segregation study results, REPS qualification, current law, and positions the IRS may take. Bonus depreciation requires the property to be placed in service in the relevant tax year.
A clear path from strategy to ongoing compliance.
Every engagement runs the same sequence. Six steps.
- 1
Savings Estimator
Two minutes, nine questions to see whether the strategy could fit your numbers before we get on the phone.
- 2
Strategy Call
Attorney + Utah agent align on your household's plan and confirm fit before you commit.
- 3
On-Ramp Package
REPS memo, entity blueprint, and property thesis delivered as one signed playbook.
- 4
Entity Setup
LLC formation, EIN, banking, bookkeeping, and insurance wired up before you close.
- 5
Property Acquisition
We source, underwrite, negotiate, and close the Utah property that fits the strategy.
- 6
Cost Seg, Tax Prep & Compliance
Third-party engineering cost seg study, investment-entity tax prep and filing, and year-over-year compliance, all coordinated under one roof.
Testimonials coming soon.
Repsie is newly launched. We'll publish real client stories here as our first engagements conclude, not stock quotes.
The questions high earners ask first.
Straight answers on REPS qualification, cost segregation, audit defense, pricing, and how we work alongside your existing CPA.
Find out whether the strategy fits your numbers.
Two minutes, nine questions, an honest read on whether a real-estate-based strategy could meaningfully cut your Utah tax bill.
REPS is our specialty. It's not the only door.
A few companion strategies have hard December 31 deadlines and may apply even if REPS doesn't.
Explore other strategiesHide other strategies
REPS is our specialty. It's not the only door.
A few companion strategies have hard December 31 deadlines and may apply even if REPS doesn't.
Want to offset ordinary income without qualifying for REPS?
Buy a property by year-end, list it with an average guest stay of 7 days or less, materially participate in managing it, and cost seg flows against your active income, no 750-hour test required. With 100% bonus depreciation permanent under OBBBA, a $750k STR can throw off $150k–$225k of Year-1 paper losses.
Fits if: you have ordinary income you want to shelter, you're willing to self-manage or co-host, and you can close and list before Dec 31.
Selling a property and staring down capital gains?
A like-kind exchange defers capital gains tax and depreciation recapture by rolling proceeds into a qualifying replacement property. We coordinate the qualified intermediary, the 45-day identification window, and the 180-day close, and we can line the next acquisition up for REPS or STR treatment.
Fits if: you're under contract to sell or recently closed on investment property and want to redeploy without triggering tax. Reverse 1031s (buy first, sell after) are also on the table.
Selling without a 1031 and staring at depreciation recapture?
If you've taken bonus depreciation on 5-, 7-, and 15-year property and you sell without a 1031, the IRS recaptures those losses at ordinary rates, up to 37%*. We partner with engineering firms to run a §1245 study that reallocates the sale price, shifting a big chunk from ordinary income back to capital gains rates.
Fits if: you're selling (or recently sold) a rental where cost seg previously accelerated depreciation, and a 1031 exchange isn't the right fit for your next move.
Already own rental property? Cost seg may still be worth it.
An engineering-based study reclassifies parts of your building into shorter depreciation lives, front-loading deductions. It's most powerful with REPS or STR, but can also offset other passive income, shelter a future sale through suspended losses, or set up next year's planning if your spouse is heading for REPS.
Fits if: you own one or more rentals, you have other passive income, or you're planning to sell a property in the next year or two. We'll tell you honestly if the timing doesn't matter for your situation.
Not sure which fits? We'll route you to the right strategy.
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