Flagship Service
STR Tax Blueprint
The comprehensive STR tax strategy, built for your specific situation
Overview
A complete, implementation-ready strategy
The Blueprint is a comprehensive strategy document covering entity structure, depreciation, cost segregation coordination, material participation design, multi-year projections, and a sequenced action plan. Not a template. Every Blueprint is built from scratch for the individual client.
Two tracks are available: the Implementation Track for single-property strategy, and the Portfolio Strategy Track for multi-property, multi-entity, or cross-state complexity requiring portfolio-level analysis. Clients who completed a Tier 1 Assessment within the prior 120 days receive a $1,000 credit applied to the Blueprint fee.
Every section is designed to move you from understanding to action. The Implementation Roadmap sequences every step, assigns timelines, and identifies responsible parties. The Multi-Year Financial Projections show the compounding impact of the strategy across a 3–5 year horizon.
The Process
The 20-business-day process
From signed engagement to delivered strategy. A structured, transparent timeline.
Engagement Signed
Engagement letter executed and 50% deposit received. Your project is officially underway.
Expanded Document Request
Tax returns, entity documents, property records, STR operating statements, financing details, and cost segregation details requested via secure document exchange.
Kickoff Deep Dive
45-minute strategy session covering goals, concerns, current gaps, and specific circumstances driving your engagement.
Client Document Upload
All requested documents submitted via secure document exchange. We review for completeness and follow up if anything is missing.
Core Analysis Phase
Comprehensive tax review, entity evaluation, cost segregation coordination, material participation strategy design, bonus depreciation analysis, and multi-year modeling.
Blueprint Drafting
Multi-year projections, implementation roadmap, risk assessment, Material Participation Documentation Kit, and defensive positioning compiled into the full strategy document.
Quality Review & Delivery
Final Blueprint and Documentation Kit delivered via secure document exchange. Remaining balance invoiced.
60-Minute Delivery Walkthrough
Detailed walkthrough of every section: findings, strategy, projections, implementation sequence, and next steps.
The Deliverable
What you receive
A 20–40 page strategy document built for your specific properties, income, and goals. Every section moves you from understanding to action. You also receive a Material Participation Documentation Kit customized with your selected IRS test, qualifying activity categories, and hour-logging format.
The Implementation Roadmap sequences every step, assigns timelines, and identifies responsible parties. Cost Segregation Coordination includes introduction to a vetted provider, scope discussion, and review of the completed study.
Key deliverables:
- 20–40 page strategy document customized to your situation
- Entity structure recommendation with formation guidance
- Cost segregation analysis and vetted provider coordination
- Material Participation Documentation Kit (IRS test, activity categories, hour log)
- 3–5 year financial projections with depreciation modeling (reflects current law; subject to legislative change)
- Sequenced Implementation Roadmap with timelines and responsible parties
- 60-minute delivery walkthrough with the CPA who built it
STR Tax Blueprint
20–40 pages
CONFIDENTIAL · Prepared for [Client Name]
Table of Contents
- 01 Executive Summary
- 02 Client Profile
- 03 Current Tax Position Analysis
- 04 Entity Structure Analysis
- 05 STR Tax Strategy
- 06 Cost Segregation Analysis & Coordination
- 07 Material Participation Strategy & Documentation Plan
- 08 Multi-Year Financial Projections
- 09 Implementation Roadmap
- 10 Risk Assessment
- 11 Appendices
Pricing
Transparent pricing
Transparent pricing that scales with the complexity of your situation.
| Single property (1 state) | $5,000 |
| Each additional property Added to the base engagement | +$2,000 |
| Each additional state jurisdiction Per state beyond the property state | +$500 |
Example: 3 properties across 2 states
$5,000 + $4,000 + $500 = $9,500
Payment terms: 50% deposit at signing, 50% upon delivery.
Assessment credit
Clients who completed an STR Tax Assessment within the prior 120 days receive a $1,000 credit applied dollar-for-dollar to the Blueprint fee.
Multi-state note
If your residence state differs from your property state(s), each additional state jurisdiction incurs the +$500 surcharge. A specific fee is confirmed in the engagement letter based on your situation.
Guarantee
Built to withstand scrutiny
The Blueprint strategy is designed with defensive positioning from the start. When paired with return preparation, you're fully covered.
Examination Support
When Wakefield Tax builds your strategy through the STR Tax Blueprint and prepares your return, we stand behind every position. If the STR portion of your return is examined by the IRS, you receive 10 hours of audit representation at no additional cost.
The audit guarantee applies when Wakefield Tax both builds the strategy and prepares the return, through the STR Tax Advisory or standalone STR Tax Preparation.
Engagement Scope
What's included and what's not
What's Included
- All diagnostic and analytical work (Assessment-level analysis included)
- Entity structure analysis and specific recommendations
- Cost segregation study coordination and vendor recommendation
- Material participation strategy design with test selection and documentation templates
- First-year tax projection and depreciation modeling
- Bonus depreciation analysis and optimization
- Multi-year financial projections (3–5 year horizon)
- Implementation roadmap with sequenced action items
- Risk assessment and defensive positioning
- Material Participation Documentation Kit
- 60-minute Blueprint delivery call
Not Included
- Tax return preparation or filing
- Legal entity formation (Blueprint recommends structure; formation is the client's responsibility)
- Cost segregation study fees (coordination included; study is separate)
- Ongoing advisory or quarterly reviews
These are covered in the STR Tax Advisory: ongoing execution and annual preparation.
Frequently asked questions
No. The Assessment is available for clients who want a focused diagnostic first, but direct-to-Blueprint engagement is available for clients who already know they need a comprehensive strategy. In direct-to-Blueprint engagements, the diagnostic and analytical work is performed as part of the Blueprint scope at no additional charge.
The base Blueprint price of $5,000 covers a single property (Implementation Track). For clients with multiple properties or entities, the Portfolio Strategy Track is custom-scoped based on your situation. Multi-property pricing follows a structured framework: $5,000 base + $2,000 per additional property + $500 per additional state jurisdiction.
50% deposit at engagement signing, with the remaining balance due upon Blueprint delivery. For a single-property engagement, that is $2,500 at signing and $2,500 upon delivery. Clients with a prior Assessment credit pay the reduced balance on the same 50/50 split.
The completed Blueprint is delivered via secure document exchange, followed by a 60-minute delivery walkthrough via video call. The walkthrough covers every section, answers your questions, and establishes the implementation sequence. You also receive a Material Participation Documentation Kit customized for your situation.
The Blueprint includes a detailed implementation roadmap. For ongoing oversight, including quarterly strategy reviews, material participation monitoring, and proactive tax law updates, clients typically move into the STR Tax Advisory. Tax return preparation is available as a separate engagement.
Ready for a comprehensive STR tax strategy?
A complete strategy document with implementation roadmap, delivered in 20 business days.
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