South Florida · Real Estate · Foreign Owners · Small Business
Tax problems in real estate and foreign ownership are rarely obvious at the start. They show up at closing, during refinancing, after an IRS notice — or when the books no longer support the return.
We help clients understand what actually happened, why it matters, and what needs to be done before it gets expensive — or before money gets unnecessarily tied up.
Who We Work With
You don't need to have a big portfolio. One rental property, one LLC, one foreign seller — any of these can create real tax exposure if the details aren't handled correctly.
Rental property owners and growing portfoliosFrom one rental condo to multiple properties across several LLCs or small multifamily buildings — income, expenses, loans, depreciation, and books that have not kept up with the growth.
Short-term rental ownersAirbnb, Vrbo, and similar platforms — platform income, cleaning fees, furnishings, mixed personal/business use, and 1099-K that nobody explained.
Foreign owners selling U.S. propertyFIRPTA withholding is unclear, closing is coming, and the transaction, tax exposure, or reduction options were never fully worked through.
Property being sold, refinanced, or convertedDepreciation recapture, adjusted basis, and capital gain exposure were never discussed — until now.
Partnerships, LLCs, and multi-entity investorsMultiple entities, foreign partners, intercompany activity, owner contributions, and reporting obligations that standard tax preparers often miss — or simply decline to handle.
Real estate agents and small business ownersCommission income, marketing costs, brokerage fees, mileage, entity structure, and books that have never been properly organized — expenses that exist but can't be supported on a return.
IRS notice with no clear answerAn IRS letter arrived. The prior filing may not have fully addressed the issue, and the notice has a deadline.
Foreign nationals with U.S. incomeFirst-time U.S. filer, rental income from U.S. property, or a prior return that didn't reflect what actually happened.
What We Work On
We focus on situations where the facts matter — not just the forms. Most work starts with a focused review of the tax return, financial records, closing statement, notice, or transaction so we can identify what is missing, what may be wrong, and what needs to be cleaned up before the next step.
Tax issues in real estate are usually created before the return is filed.
Rental properties, condos, duplexes, small multifamily buildings, multi-entity portfolios, and short-term rentals. Income and expense tracking, debt and interest, depreciation and basis, repairs vs. improvements, sale planning, 1031 exchanges, cost segregation, and investor entity structures.
FIRPTA withholding can lock up a significant portion of your proceeds — even when the actual tax is lower.
Foreign sellers, withholding exposure, reduced withholding certificate applications, nonresident U.S. filings, treaty questions, and FDAP/ECI income classification. We focus on understanding the transaction before the forms.
STR income is not just Schedule E with extra steps — and is often reported incorrectly.
Platform income from Airbnb, Vrbo, and others. Cleaning fees, supplies, furnishings, mixed-use property issues, 1099-K reporting, occupancy tax exposure, and correct classification of the activity — because it matters for deductions.
Small business tax problems often start before the return — with the entity structure, owner activity, and books that were never maintained properly.
LLCs, S corporations, partnerships, and owner-operated businesses. Tax elections, reasonable compensation, year-end planning, and cleanup of situations where the entity was set up but never properly maintained.
Most tax problems start with numbers that were never properly organized.
Bookkeeping cleanup for rental properties, short-term rentals, and small businesses. Rent, platform income, repairs, improvements, mortgage interest, loan balances, escrow activity, HOA fees, insurance, property taxes, owner contributions, and property-level expenses — organized to support the return, the sale, or the refinancing.
Ignoring an IRS notice doesn't make it go away — it usually makes it worse.
Review of IRS letters, issue diagnosis, document organization, and preparation of written responses and supporting schedules. We help you understand what the notice actually means before deciding how to respond.
Why Meridian
Most tax issues in real estate and foreign ownership are not discovered by reviewing the return. They are discovered by understanding what actually happened — the transaction, the basis, the books, the debt, and what was reported before.
Tax software can prepare forms. The harder part is knowing whether the facts, books, basis, and reporting behind those forms actually make sense.
Clients come to Meridian when they need focused, senior-level tax support without unnecessary layers — especially where real estate, foreign ownership, entities, or messy books are involved.
We work with property investors and owners — not as a side service, but as the core of the practice. That means understanding transactions, not just tax forms.
Foreign ownership, nonresident filings, FIRPTA transactions, and cross-border structures require more than running numbers through software. These situations need to be understood before they can be correctly reported.
We work directly with Russian-speaking clients across South Florida. Complex tax matters are easier to navigate in your own language — without losing anything in translation.
About
Meridian Tax Advisory works with real estate investors, foreign owners, short-term rental operators, and small businesses on U.S. tax matters — from compliance to cleanup to planning.
We focus on situations where tax and accounting mistakes actually cost money — real estate transactions, foreign ownership, messy books, entities, and filings that need more than routine preparation.
Meridian Tax Advisory was founded by Yuri Gusev, MS Taxation, an experienced tax professional focused on real estate investors, foreign owners, small businesses, and complex filing situations.
Работаем с русскоязычными инвесторами и предпринимателями по вопросам недвижимости, бизнеса и налоговой отчётности в США.
How We Start
We usually begin with a focused review of what already exists — a prior-year return, IRS notice, closing statement, transaction documents, QuickBooks file, or basic records.
The goal is to understand what actually happened — and where risk, exposure, or missed deductions may exist before anything is filed or decided.
In many cases, the return is only the starting point — the underlying problem is in the transaction, the books, the basis, or what was reported before.
Contact
You work directly with the person handling your situation — from the first conversation through the filing.
Most situations become clearer after one conversation — especially before a filing, closing, notice deadline, or major tax decision.
Send what you have — a notice, tax return, closing statement, QuickBooks file, or brief summary — and we’ll start with a focused review to identify what matters first.
Send a Message
Send what you have — a notice, return, closing statement, or brief summary — and we'll tell you what matters first.