Our Latest Case Study

Turning a Rental Property from a Passive Money Loser into an Active Tax Offset Client name and identifying details have been changed to protect confidentiality. This case study is for general educational purposes and does not constitute tax advice for any specific taxpayer; see the closing note. Client Snapshot Ethan (not his real name) came

Executive Summary A Houston-based Fortune 500 executive earning a multi-seven-figure annual compensation package approached us after years of paying substantial federal income taxes. His compensation included a high W-2 salary, annual bonuses, Restricted Stock Units (RSUs), and stock option income. His spouse also earned a six-figure salary, placing the household among the highest tax brackets.

Executive Summary A Houston-based physician earning a high six-figure income contacted GavTax Advisory Services after accumulating several long-term rental properties. Although the portfolio generated depreciation and operating expenses, most of the losses remained suspended because they were considered passive under the tax rules. After reviewing the couple’s financial situation, GavTax evaluated whether the physician’s spouse