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Ledgerline clients Brazos Rental Communities
Brazos Rental Communities
Partnership · TX · tax year 2026 · Austin, TX · contact Ana Villarreal, Controller
What to do next
Approve: Faster depreciation (cost segregation) for Cypress Bend BTR (60 homes)
Estimated $411,081 after the $4,950 study fee. Nothing is charged until you approve.
Estimated value after our fee
$847,044
Middle case in today's dollars (7% a year), after our fixed fees · 3 properties · 4 studies waiting on you
Your projects
where each one stands
- $669,646
Cypress Bend BTR (60 homes)
Build-to-rent · started Mar 1, 2025
- Step
- 1 of 6: Screened
- Who has it
- You (the builder)
Faster depreciation (cost segregation)Energy-efficient home creditApprove: Faster depreciation (cost segregation) for Cypress Bend BTR (60 homes)
- $349,193
Pecan Grove BTR phase 2 (40 homes)
Build-to-rent · started Aug 1, 2025
- Step
- 1 of 6: Screened
- Who has it
- You (the builder)
Faster depreciation (cost segregation)Approve: Faster depreciation (cost segregation) for Pecan Grove BTR phase 2 (40 homes)
- $6,978
Hays County spec inventory (5 homes)
Homes for sale · started Feb 1, 2026
- Step
- 1 of 6: Screened
- Who has it
- You (the builder)
Property tax appealApprove: Property tax appeal for Hays County spec inventory (5 homes)
Getting started
no sales call needed
Dates coming up
- 67 daysNext lien date (TX) (Jan 1, 2027)
- 201 daysProperty tax appeal deadline (TX) (May 15, 2027)
What we still need from you
- Pecan Grove: job cost ledger not connected (Buildertrend sync pending), so cost seg is a benchmark estimate
- State rate not entered (Texas has no income tax; confirm 0%)
- state marginal rate 0% is a PLACEHOLDER: enter the builder's rate in Settings
- 2025 is before the plan years, so no 1-year carryback of 2026 general business credit is modeled (39(a)(1)): CPA checks the 2025 return's room
- 38(c) tentative minimum tax: for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053, 2054 the credit limit takes TMT = 0 (an upper bound on credits used) because owner AMT inputs (net capital gain and qualified dividends; optional ISO bargain element, private activity bond interest, 56(a)(3) contract and other adjustments) is missing or not coded, and energy-efficient home credit is not a specified credit (38(c)(4)(B)), so AMT could cut the credit used each year: CPA review on Form 6251 / 3800 at the owner level