--- title: | Real Estate description: Real Estate | Chandler & Knowles CPAs is dedicated to serving our clients with an integrated approach to financial success for businesses, families and individuals. --- [![Chandler & Knowles, CPA](https://blog.chandlerknowlescpa.com/hubfs/Chandlerknowlescpa_January2018%20Theme/Images/chandler-knowles-logo-updated.png)](https://www.chandlerknowlescpa.com) - [Home](https://www.chandlerknowlescpa.com/) - [About](https://www.chandlerknowlescpa.com/about/) - [Case Studies](https://www.chandlerknowlescpa.com/case-studies/) - [Testimonials](https://www.chandlerknowlescpa.com/client-testimonials/) - [Services](https://www.chandlerknowlescpa.com/services/) - [Individual Tax Preparation](https://www.chandlerknowlescpa.com/services/tax-preparation/) - [Advanced Tax Planning](https://www.chandlerknowlescpa.com/services/advanced-tax-planning/) - [Financial Planning](https://www.chandlerknowlescpa.com/services/financial-planning/) - [Risk Assessment](https://www.chandlerknowlescpa.com/services/insurance-risk-assessment/) - [Business Structure & Entity Selection](https://www.chandlerknowlescpa.com/services/business-structure-and-entity-selection/) - [Business Accounting](https://www.chandlerknowlescpa.com/services/business-accounting/) - [Business Consulting](https://www.chandlerknowlescpa.com/services/business-consulting/) - [Business Tax Planning](https://www.chandlerknowlescpa.com/services/business-tax-planning/) - [Payroll Administration](https://www.chandlerknowlescpa.com/services/payroll-administration/) - [Tax Return Review](https://www.chandlerknowlescpa.com/services/tax-return-review-services/) - [Industries](https://www.chandlerknowlescpa.com/industries/) - [Physicians](https://www.chandlerknowlescpa.com/industries/physicians/) - [Dentists](https://www.chandlerknowlescpa.com/industries/dentists/) - [Small Business](https://www.chandlerknowlescpa.com/industries/small-business/) - [Real Estate](https://www.chandlerknowlescpa.com/industries/real-estate/) - [Veterinarians](https://www.chandlerknowlescpa.com/industries/veterinarians/) - [Attorneys](https://www.chandlerknowlescpa.com/industries/attorney-and-law-firms/) - [High Net Worth Individuals](https://www.chandlerknowlescpa.com/industries/high-net-worth-individuals/) - [Clients](https://www.chandlerknowlescpa.com/clients/) - [Make a Payment](https://www.chandlerknowlescpa.com/clients/payments/) - [Recommend Us](https://www.chandlerknowlescpa.com/clients/client-recommendation-program/) - [Submit Review](https://www.chandlerknowlescpa.com/clients/submit-a-review/) - [View Our Newsletter](https://www.chandlerknowlescpa.com/clients/view-our-newsletter/) - [Send Us Your Documents](https://www.chandlerknowlescpa.com/clients/client-secure-document-portal-2/) - [Resources](https://www.chandlerknowlescpa.com/resources/) - [Client Resources](https://www.chandlerknowlescpa.com/resources/client-resources/) - [Retirement Resources](https://www.chandlerknowlescpa.com/resources/retirement-resources/) - [Video Library](https://www.chandlerknowlescpa.com/video-library/) - [Blog](https://www.blog.chandlerknowlescpa.com) - [Locations](https://www.chandlerknowlescpa.com/locations/) - [Flower Mound, TX](https://www.chandlerknowlescpa.com/locations/flower-mound-tx-cpa/) - [Areas Served](https://www.chandlerknowlescpa.com/areas-served/) - [Dallas, TX](https://www.chandlerknowlescpa.com/areas-served/dallas-tx/) - [Plano, TX](https://www.chandlerknowlescpa.com/areas-served/plano-tx/) - [Nationwide](https://www.chandlerknowlescpa.com/areas-served/nationwide-cpa-services/) - [Contact](https://www.chandlerknowlescpa.com/contact-us/) [![Chandler & Knowles, CPA](https://blog.chandlerknowlescpa.com/hubfs/Chandlerknowlescpa_January2018%20Theme/Images/chandler-knowles-logo-updated.png)](https://www.chandlerknowlescpa.com) [![Client Portal Login](https://blog.chandlerknowlescpa.com/hubfs/Chandlerknowlescpa_January2018%20Theme/Images/client-portal-login-2.png)](https://chandlerknowlescpa.smartvault.com) Knowledge, Experience, Commitment **Give Us a Call Today: (817) 369-3681** - [Home](https://www.chandlerknowlescpa.com/) - [About](https://www.chandlerknowlescpa.com/about/) - [Case Studies](https://www.chandlerknowlescpa.com/case-studies/) - [Testimonials](https://www.chandlerknowlescpa.com/client-testimonials/) - [Services](https://www.chandlerknowlescpa.com/services/) - [Individual Tax Preparation](https://www.chandlerknowlescpa.com/services/tax-preparation/) - [Advanced Tax Planning](https://www.chandlerknowlescpa.com/services/advanced-tax-planning/) - [Financial Planning](https://www.chandlerknowlescpa.com/services/financial-planning/) - [Risk Assessment](https://www.chandlerknowlescpa.com/services/insurance-risk-assessment/) - [Business Structure & Entity Selection](https://www.chandlerknowlescpa.com/services/business-structure-and-entity-selection/) - [Business Accounting](https://www.chandlerknowlescpa.com/services/business-accounting/) - [Business Consulting](https://www.chandlerknowlescpa.com/services/business-consulting/) - [Business Tax Planning](https://www.chandlerknowlescpa.com/services/business-tax-planning/) - [Payroll Administration](https://www.chandlerknowlescpa.com/services/payroll-administration/) - [Tax Return Review](https://www.chandlerknowlescpa.com/services/tax-return-review-services/) - [Industries](https://www.chandlerknowlescpa.com/industries/) - [Physicians](https://www.chandlerknowlescpa.com/industries/physicians/) - [Dentists](https://www.chandlerknowlescpa.com/industries/dentists/) - [Small Business](https://www.chandlerknowlescpa.com/industries/small-business/) - [Real Estate](https://www.chandlerknowlescpa.com/industries/real-estate/) - [Veterinarians](https://www.chandlerknowlescpa.com/industries/veterinarians/) - [Attorneys](https://www.chandlerknowlescpa.com/industries/attorney-and-law-firms/) - [High Net Worth Individuals](https://www.chandlerknowlescpa.com/industries/high-net-worth-individuals/) - [Clients](https://www.chandlerknowlescpa.com/clients/) - [Make a Payment](https://www.chandlerknowlescpa.com/clients/payments/) - [Recommend Us](https://www.chandlerknowlescpa.com/clients/client-recommendation-program/) - [Submit Review](https://www.chandlerknowlescpa.com/clients/submit-a-review/) - [View Our Newsletter](https://www.chandlerknowlescpa.com/clients/view-our-newsletter/) - [Send Us Your Documents](https://www.chandlerknowlescpa.com/clients/client-secure-document-portal-2/) - [Resources](https://www.chandlerknowlescpa.com/resources/) - [Client Resources](https://www.chandlerknowlescpa.com/resources/client-resources/) - [Retirement Resources](https://www.chandlerknowlescpa.com/resources/retirement-resources/) - [Video Library](https://www.chandlerknowlescpa.com/video-library/) - [Blog](https://www.blog.chandlerknowlescpa.com) - [Locations](https://www.chandlerknowlescpa.com/locations/) - [Flower Mound, TX](https://www.chandlerknowlescpa.com/locations/flower-mound-tx-cpa/) - [Areas Served](https://www.chandlerknowlescpa.com/areas-served/) - [Dallas, TX](https://www.chandlerknowlescpa.com/areas-served/dallas-tx/) - [Plano, TX](https://www.chandlerknowlescpa.com/areas-served/plano-tx/) - [Nationwide](https://www.chandlerknowlescpa.com/areas-served/nationwide-cpa-services/) - [Contact](https://www.chandlerknowlescpa.com/contact-us/) # Financial Planning Insights ## [What Is The 1031 Exchange?](https://blog.chandlerknowlescpa.com/what-is-the-1031-exchange) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | December 17, 2020 | [0](https://blog.chandlerknowlescpa.com/what-is-the-1031-exchange#comments-listing) [![1031 exchange ](https://blog.chandlerknowlescpa.com/hubfs/Inline%20Blog%20Images%20-%202020-11-24T165835.859.png)](https://blog.chandlerknowlescpa.com/what-is-the-1031-exchange) The 1031 Exchange is a valuable tool that [real estate](https://www.chandlerknowlescpa.com/industries/real-estate/) investors can use to defer capital gains taxes. It takes its name from the section of the IRS Code where it is defined, Section 1031. The basic concept is that of "like-kind" exchange of investment or business property. At its heart, a 1031 Exchange is a trade, but it can be a very complicated.. [Read More](https://blog.chandlerknowlescpa.com/what-is-the-1031-exchange) ## [How Real Estate Rental Income is Taxed](https://blog.chandlerknowlescpa.com/how-real-estate-rental-income-is-taxed) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | March 18, 2020 | [0](https://blog.chandlerknowlescpa.com/how-real-estate-rental-income-is-taxed#comments-listing) [![](https://blog.chandlerknowlescpa.com/hubfs/houses-rent-sign-GI.width-1200.jpg)](https://blog.chandlerknowlescpa.com/how-real-estate-rental-income-is-taxed) Buying real estate for investment reasons can be a lucrative business. However, it is vital to make certain your accounting is in order and taxes are paid accordingly. Understanding the income and expense requirements the IRS dictates will protect you from paying unnecessary taxes or making a costly mistake on your tax return. A [tax return with..](https://www.chandlerknowlescpa.com/services/tax-return-review-services/) [Read More](https://blog.chandlerknowlescpa.com/how-real-estate-rental-income-is-taxed) ## [Tax Planning For Landlords](https://blog.chandlerknowlescpa.com/tax-planning-for-landlords) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | March 04, 2020 | [0](https://blog.chandlerknowlescpa.com/tax-planning-for-landlords#comments-listing) [![](https://blog.chandlerknowlescpa.com/hubfs/house_payment_valuation_shutterstock_576697966-5bfd8c0b46e0fb0026d2bf10.jfif)](https://blog.chandlerknowlescpa.com/tax-planning-for-landlords) Owning real estate rental property can be a profitable business, but it also comes with a lot of work. In addition to maintaining the property, managing repairs, advertising and more, rental property owners must prepare all year for the tax return filing. Having a [tax plan](https://www.chandlerknowlescpa.com/services/advanced-tax-planning/) in place throughout the year will help to make the end of the year filing.. [Read More](https://blog.chandlerknowlescpa.com/tax-planning-for-landlords) ## [3 Ways Real Estate Investors Can Maximize Their Tax Return](https://blog.chandlerknowlescpa.com/3-ways-real-estate-investors-can-maximize-their-tax-return) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | January 27, 2020 | [0](https://blog.chandlerknowlescpa.com/3-ways-real-estate-investors-can-maximize-their-tax-return#comments-listing) [![](https://blog.chandlerknowlescpa.com/hubfs/1903-investing-in-real-estate-600-399x399.jpg)](https://blog.chandlerknowlescpa.com/3-ways-real-estate-investors-can-maximize-their-tax-return) [Real Estate investing](https://www.chandlerknowlescpa.com/industries/real-estate/) can be a lucrative business. If an investor makes wise decisions in terms of the type and condition of a property, the financial benefits can be multi-faceted. Not only is real estate investment a good source of income, it has tax benefits as well. These benefits can assist in taking advantage of tax strategies to avoid.. [Read More](https://blog.chandlerknowlescpa.com/3-ways-real-estate-investors-can-maximize-their-tax-return) ### Recent Posts ### Subscribe to Our Blog #### About Chandler & Knowles CPAs: Chandler & Knowles CPAs is dedicated to serving our clients with an integrated approach to financial success for businesses, families and individuals. Our knowledgable team is committed to providing you with the most detailed information to answer your biggest financial questions and to help make your life less taxing. Learn more about achieving financial success by reading our blog! ### Recent Posts Chandler & Knowles CPAs 7370 Hawk Rd Flower Mound, TX 75022 (817) 369-3681 Hours of Operation: Monday - Friday 8:30 a.m. – 4:00 p.m. Saturday & Sunday: Closed Other times Available by Appointment ![](https://px.ads.linkedin.com/collect/?pid=3265964&fmt=gif) ![](https://px.ads.linkedin.com/collect/?pid=3265964&fmt=gif)