Strategic tax partner for CPAs and advisors
Help clients solve a problem you already see.
Elk Ridge complements the tax planning you already do. You identify the problem. We provide the solution and partner in operations, and you stay the client’s primary advisor.
Recommended CPA and tax advisors
How it works
Each property is a joint venture.
Your client joins as the capital partner and takes an active role, meeting the material participation rules. Elk Ridge is the operating partner and supports the work.
You
Primary advisor
You identify fit, keep the relationship and prepare the return.
Your client
Capital partner
Invests through a holding company and puts in 100+ hours a year of operational work, like building the guest guidebook and visiting the property.
Elk Ridge
Operating partner
- Property sourcing and underwriting
- Cost segregation coordination
- Design and furnishing
- Coordinating ongoing operations
- Participation hour tracking
- Records your firm needs at tax time
Who it’s for
Firms with high-income individual clients, from solo practices to larger teams.
Not a referral fee
We stay involved for the life of the property, with records and support at every tax season.
Partner FAQ
What firms ask first.
Common questions from firms.
How much work does this add for my firm?
You identify clients who fit and prepare the return. We handle sourcing, help coordinate operations and keep the records you need.
Do I need real estate expertise?
No. We bring the real estate and operating expertise. You bring the tax relationship.
Who tracks material participation?
Your client does the 100+ hours of operational work, and we help plan and log them throughout the year so the record is ready at tax time. Reviewing P&Ls and reports does not count.
Can clients outside Utah participate?
Yes. We source and operate properties in multiple states.
How does onboarding work?
We walk through fit, the joint venture structure and how we support your team.