Gian Pazzia

Gian Pazzia I’m passionate about educating clients about tax incentives and proven strategies they should be taking advantage of. Commissioner case; and the Peco Foods vs.

💰 27+ years helping real estate investors & CPAs eliminate income tax.
📈 Founder & Chairman at KBKG, industry speaker, and thought leader.
🚀FOLLOW ME for daily tax strategies! If you’re a real estate investor, CPA, tax advisor, CFO or business owner, let’s connect. Why Work With Me?
✅ I have a proven track record over 25 years you can trust, with a stellar reputation through IRS audits.
✅ I will

teach you how to increase your profits without adding internal workload or risk.
✅ I've built innovative software to make your life easier and maximize savings.
✅ Public Speaker and Contributing Author to Accounting Today, AICPA’s Tax Advisor, and BNA Bloomberg. Speaker for AICPA, California Society of CPAs, National Association of Tax Professionals, Oregon Society of CPAs, Washington Society of CPAs, Illinois Society of CPAs, Colorado Society of CPAs and more. At KBKG I oversee all strategic initiatives for the company. A recognized leader in the tax incentives field serving as a former President (2013-2015 term) of the American Society of Cost Segregation Professionals (www.ASCSP.org) and held a seat on their Board of Directors for a decade. While I was chair of their Technical Standards committee, I led efforts to publish the first set of standards all cost segregation reports must follow in order to be stamped by a Certified Member (MQS Report Requirements Appendix MQS 2011-1 Issued October 21, 2010). I coordinated ASCSP’s remarks on numerous issues including comments to the IRS on the newly issued “Repair Regulations” (December of 2011); commentary on the AmeriSouth # # ., vs. Commissioner case. As President of ASCSP, I assisted the Internal Revenue Service by providing feedback on amendments to the IRS Cost Segregation Audit Techniques Guide prior to public release. I was one of the first in the country to become a "Certified Cost Segregation Professional" (CCSP) and one of the few that has provided expert witness testimony on Cost Segregation issues before the IRS. I graduated from Purdue University in Civil Engineering, with an emphasis in Structural Design. I'm a member of the American Society of Civil Engineers as well as a lifetime member of Chi Epsilon, a civil engineering honorary fraternity.

06/03/2026

Real estate investors: The goal isn´t just to buy more property. It´s also to manage the taxes paid.

During my chat with Fierros on The Cashflow Project Podcast we discussed how eventually, rental properties start spiltting off taxable income.
That is when depreciation planning becomes critical.
If you manage it correctly, you may be able to significantly reduce, or even eliminate, taxable income from your real estate portfolio.

Here’s what to look at:
➢ Which properties are starting to produce taxable income
➢ How bonus depreciation applies
➢ Whether passive activity limitations impact the deductions
➢ How the strategy fits across the full portfolio

This is especially important for investors buying million-dollar or multi-million-dollar commercial properties.

06/02/2026

Real Estate Investors: Hitting the 750-hour rule is not the hard part. Proving it to the IRS is.

Many investors know they need to meet the 750-hour requirement to qualify as a Real Estate Professional. But during an audit, simply saying you met the requirement isn't enough.

The IRS wants documentation.
If you or your spouse qualify as a Real Estate Professional and materially participate in your real estate activities, you may be able to use real estate losses—including those generated through cost segregation studies, to offset active income.
The tax benefits can be substantial.

The problem? Many investors don't maintain adequate records throughout the year. When the IRS requests evidence, they often struggle to substantiate their hours, putting valuable tax strategies at risk.

That's why we created Track 750, a simple mobile app designed to help investors capture, organize, and substantiate their real estate hours in real time.

It's built specifically for real estate investors and the advisors who support them.

I'm currently providing complimentary access to clients and followers who want a better way to document their activities and stay audit-ready.

To get access:
✅ Follow me
✅ Comment "750" below

I'll send you instructions on how to get started.
How are you currently tracking your real estate participation hours?

𝗛𝗼𝘄 𝗙𝗼𝗿𝗺 𝟯𝟭𝟭𝟱 𝗖𝗮𝗻 𝗨𝗻𝗹𝗼𝗰𝗸 𝗬𝗲𝗮𝗿𝘀 𝗼𝗳 𝗠𝗶𝘀𝘀𝗲𝗱 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻𝘀Think you missed your window to do cost segregation?If you acquired a...
06/01/2026

𝗛𝗼𝘄 𝗙𝗼𝗿𝗺 𝟯𝟭𝟭𝟱 𝗖𝗮𝗻 𝗨𝗻𝗹𝗼𝗰𝗸 𝗬𝗲𝗮𝗿𝘀 𝗼𝗳 𝗠𝗶𝘀𝘀𝗲𝗱 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻𝘀
Think you missed your window to do cost segregation?

If you acquired a property in a prior tax year and never completed a cost segregation study, you may still be able to catch up on missed depreciation without amending prior tax returns.

That’s where IRS Form 3115 comes in.

➢ Form 3115 allows taxpayers to claim missed depreciation deductions in the current tax year
➢ This is done through a Section 481(a) adjustment
➢ No amended returns are typically required
➢ This can be especially valuable for properties acquired or inherited in the last 10 years
➢ The result can be a significant current-year deduction and improved cash flow

The key is properly calculating the missed depreciation from prior years.

KBKG’s 481(a) Calculator helps produce the schedules needed for Form 3115 and can save CPAs valuable time during tax planning season: https://www.kbkg.com/481a-calculator
If you own real estate or advise clients who do, don’t assume the opportunity is gone just because the property was acquired years ago. There may still be deductions sitting on the table.

Payroll is one of the biggest drivers of the R&D tax credit because wages tied to qualifying activities can increase the...
05/26/2026

Payroll is one of the biggest drivers of the R&D tax credit because wages tied to qualifying activities can increase the credit.

Roles that may qualify include:

➢ Employees doing direct research
➢ Employees involved in product development
➢ Employees improving processes or workflows
➢ Supervisors managing qualified R&D activities
➢ Support staff helping qualified R&D teams
➢ Contractors working on qualified R&D projects

The key is what employees actually work on, how much time they spend, and whether the work meets the R&D credit requirements.

If your business is developing products, improving processes, testing new methods, or solving technical challenges, you are likely eligible for this tax credit.

05/25/2026

Tax Advantages of being Married to a Real Estate Professional

If one spouse qualifies as a real estate professional and you file jointly, real estate losses may be able to offset income from other sources.

That can include income from a tech company, consulting business, or other active business income.

➢ The real estate professional rules have specific requirements
➢ Time tracking is critical
➢ Material participation has to be documented
➢ Cost segregation can accelerate deductions
➢ Compliance needs to be handled the right way

It is a legitimate strategy when done properly.
For high-income earners investing in real estate, this is worth discussing with your CPA before year-end planning.

If you’re looking to qualify as a RE pro - read this post because I’m giving away a valuable resource:

https://www.instagram.com/p/DW6nKATDtVM/?igsh=MW9yOHdyamVzczJhaQ==

Follow me to get all my tax incentive updates!

Watch or listen to the full episode of Minds of Commercial Real Estate Podcast with Kamyar Rezaie. I’ll leave the link in the comments section.

05/25/2026

Tax Advantages of being Married to a Real Estate Professional

If one spouse qualifies as a real estate professional and you file jointly, real estate losses may be able to offset income from other sources.

That can include income from a tech company, consulting business, or other active business income.

➢ The real estate professional rules have specific requirements
➢ Time tracking is critical
➢ Material participation has to be documented
➢ Cost segregation can accelerate deductions
➢ Compliance needs to be handled the right way

It is a legitimate strategy when done properly.
For high-income earners investing in real estate, this is worth discussing with your CPA before year-end planning.

If you’re looking to qualify as a RE pro - read this post because I’m giving away a valuable resource:

https://www.facebook.com/photo/?fbid=122117017011026890&set=a.122103305757026890

Follow me to get all my tax incentive updates!

Watch or listen to the full episode of Minds of Commercial Real Estate Podcast with Kamyar Rezaie. I’ll leave the link in the comments section.

Routine Maintenance of Real Estate Can Be Expensed - Here’s the IRS RuleThe IRS provides Safe Harbor rules that allow ce...
05/20/2026

Routine Maintenance of Real Estate Can Be Expensed - Here’s the IRS Rule

The IRS provides Safe Harbor rules that allow certain recurring costs to be expensed immediately rather than capitalized and depreciated over decades. That distinction can have a meaningful impact on current-year deductions and audit defensibility.

Routine Maintenance Safe Harbor
Applies to activities that keep property in its normal operating condition—think HVAC servicing or roof resealing. To qualify, the work must be expected to recur:
• More than once every 10 years for building components
• More than once during the class life for non-building property (e.g., site improvements)

Safe Harbor for Small Taxpayers
If you meet the thresholds, you may expense repairs, maintenance, and even some improvements:
• Gross receipts under $10M
• Building basis under $1M
• Annual spend does not exceed the lesser of 2% of basis or $10,000

When applied correctly, these rules do more than simplify compliance, they accelerate deductions and reduce taxable income today.

05/19/2026

The “short-term rental loophole” turns passive real estate losses into usable deductions for W2 earners.

I sat down with on the to break it down.

➢ If you (or your spouse) materially participate, those losses may be non-passive, meaning they can potentially offset W-2 or business income
➢ Combine that with cost segregation + bonus depreciation, and the deductions can ramp up quickly
➢You must track 100 hours managing the property and no other person can spend more time.
➢ The key is logging your hours. Don’t wing this one because the IRS will ask for it. Track750.tax is an app to track these hours and I’m giving it away free below.

On the podcast, we also discuss bonus depreciation, REPS, depreciation recapture, and 1031s in the full episode.

05/19/2026

The “short-term rental loophole” turns passive real estate losses into usable deductions for W2 earners.

I sat down with Jeremy Dyer on the On The Rise Podcast to break it down.

➢ If you (or your spouse) materially participate, those losses may be non-passive, meaning they can potentially offset W-2 or business income
➢ Combine that with cost segregation + bonus depreciation, and the deductions can ramp up quickly
➢You must track 100 hours managing the property and no other person can spend more time.
➢ The key is logging your hours. Don’t wing this one because the IRS will ask for it. Track750.tax is an app to track these hours and I’m giving it away free below.

On the podcast, we also discuss bonus depreciation, REPS, depreciation recapture, and 1031s in the full episode.

For Free access to track750.tax, check out this post:
https://www.facebook.com/photo?fbid=122117017011026890&set=a.122103305757026890

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225 South Lake Avenue, Suite 400
Pasadena, CA
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