Client guide
The Phænix Decision Memo
Understand the engagement, the questions we explore, and what a written recommendation includes.
Resources
A little more clarity.
A clearer next move.
Reference documents
Inside a Phænix Decision Memo.
Explore the client guide and an example report to see the depth, clarity, and quality of our work.
Illustrative report
Can rental losses offset W-2 income?
See an example of the executive recommendation, supporting analysis, evidence review, and next steps.
These materials are illustrative. They show our approach and report quality; your analysis and recommendation depend on your facts, documents, and scope.
Frequently asked questions
Clarity starts
with a question.
What is a 1031 exchange?
A 1031 exchange is a way to defer eligible gains when exchanging investment or business real estate. Planning ahead with your tax advisor and a qualified intermediary is essential. Learn more →
How does cost segregation work?
A cost segregation study identifies property components that may qualify for shorter depreciation periods. We help you evaluate how a study fits your property, tax position, and long-term plans. Learn more →
Who can benefit from Phænix services?
Real estate investors, business owners, law firm owners, high-income earners, syndicators, agents, and developers can benefit from coordinated tax and accounting guidance. Learn more →
How long does the process take?
Timing depends on the scope of your engagement, the complexity of your situation, and the records available. Typical ranges are:
- Decision memo and tax advisory: Usually about 5 to 7 days after we receive all required documents.
- Tax preparation: About 1 to 2 weeks, depending on the timing of the taxes.
- Book cleanup and bookkeeping: About 3 weeks or longer, depending on how much cleanup is required.
We outline the next steps and expected timeline during your initial conversation. Learn more →
Do you work with out-of-state investors?
Yes. Our virtual approach allows us to work with investors remotely through meetings and secure document sharing. We discuss your locations and service needs before an engagement begins. Learn more →
What types of properties are eligible?
We work with investors in long-term and short-term rentals, multifamily, and commercial real estate. Eligibility for a particular tax strategy depends on the property and your circumstances. Learn more →
Who do you work with?
We work with law firm owners and real estate investors across long-term rentals, short-term rentals, multifamily, and commercial properties. Find your fit
Can we work together remotely?
Yes. Phænix is a virtual CPA firm, with remote meetings and secure digital sharing to keep your work organized wherever you are. Explore our services
Do I need to replace my current CPA to work with you?
No. A focused engagement can work alongside your current CPA. We coordinate with them only with your authorization. A transition to a broader year-round relationship is your choice.
What are the costs of your services?
Following a free introductory call, we charge a $750 fee for an initial financial assessment. If you move forward with our tax planning services, this is followed by a $3,500 fee for a comprehensive tax planning review, which is credited toward your engagement if applicable. We also offer ongoing annual or quarterly tax planning, with pricing based on the complexity and scope of your situation; we'll provide a specific quote after your assessment.
Have a question specific to your situation?
Let’s talk