Simon Klein & Co. CPAs

Simon Klein & Co. is a boutique certified public accounting firm based in Howell, New Jersey. The firm serves real estate investors, syndicators, developers, fix-and-flip operators, brokers, property managers, and rental owners who hold New Jersey property — whether in a single LLC or a multi-entity structure.
Most generalist CPAs file the return and stop there. This practice is built around year-round planning: cost segregation and bonus depreciation handled against New Jersey’s decoupling rules, 1031 exchange timing and state GIT/REP withholding before a property goes under contract, Real Estate Professional Status and material-participation documentation, clean partnership K-1s and capital accounts, and property-level books lenders and partners can actually use.
New Jersey changes the federal playbook. The state disallows bonus depreciation, caps Section 179 at $25,000, taxes capital gains as ordinary income, does not carry unused capital losses forward, and withholds from many out-of-state sellers at closing. The firm’s published New Jersey real estate tax guide covers those rules in plain English.
Founder Simon Klein, CPA is a member of the AICPA and the New Jersey Society of CPAs, licensed by New York State, holds tax-representation credentials (CTRC / Tax Rep Network), and is QuickBooks-certified for real estate operators. Clients work with Simon directly. The firm reports serving more than 250 real estate investors. For general tax, business advisory, and IRS representation outside real estate, the related practice is at skleincpa.com.