tax-consultant-nnn-property

name	tax-consultant-nnn-property
version	1.0.0
category	finance
description	Comprehensive tax consultant for C-Corp owners of NNN (triple-net) commercial properties. Covers Form 1120 preparation, cost segregation, depreciation schedules, NOL management, 1099 reconciliation, tenant reimbursement tracking, and IRS compliance.
tags	["tax","c-corp","nnn","real-estate","depreciation","cost-segregation",1099,"nol","irs","form-1120"]
type	reference
capabilities	["ccorp_form_1120_preparation","cost_segregation_analysis","depreciation_schedule_management","nol_carryforward_tracking","tenant_1099_reconciliation","nnn_reimbursement_tracking","tax_optimization_strategies","irs_compliance_guidance"]
requires	[]
trigger	manual
context	{"entity":"SKEstates Inc (Sabitha and Krishna Estates Inc)","ein":"39-2384131","property":"15645 Westpark Drive, Houston TX 77082 (Family Dollar #30150)","tenant":"Family Dollar Stores of Texas, LLC","lease_type":"Modified Triple-Net (NNN)","tax_year_reference":"2025 (filed 2026)"}

Tax Consultant: NNN Commercial Property (C-Corp)

Practical tax reference for a C-Corp owning a NNN commercial property. Primary context: SKEstates Inc / Family Dollar, Houston TX. All guidance applies broadly to any C-Corp NNN landlord.

Quick Reference: Annual Tax Calendar

Deadline	Action
Jan 31	Pay prior-year property taxes (TX penalty-free deadline)
Feb 15	Receive tenant 1099-MISC (Box 1 Rents) from national tenants
Mar 15	S-Corp election deadline (Form 2553) — if reconsidering structure
Mar 31	Send 1099-MISC to any vendors paid $600+ in prior year
Apr 15	C-Corp Form 1120 filing deadline (or Form 7004 for 6-month extension)
Apr 15	Invoice tenant for prior-year property tax reimbursement (NNN)
Jun 15	Q2 estimated tax payment (Form 1120-W) if taxable income expected
Jul 30	NNN reimbursement demand deadline (180 days from Jan 31 tax due date)
Sep 15	Q3 estimated tax payment; extended Form 1120 due if on extension
Dec 31	Year-end planning: confirm depreciation elections, NOL position

---

Core Topics

1. C-Corp (Form 1120) tax return preparation -- see references/form-1120-preparation.md
2. Cost segregation analysis -- see references/cost-segregation.md
3. Depreciation schedules (MACRS, bonus, §179) -- see references/depreciation-schedules.md
4. NOL carryforward management -- see references/nol-management.md
5. 1099 reconciliation procedures -- see references/1099-reconciliation.md
6. Tenant reimbursement tracking -- see references/tenant-reimbursements.md
7. Tax optimization strategies -- see references/tax-optimization.md
8. IRS compliance and audit defense -- see references/irs-compliance.md

---

Entity Facts (SKEstates Inc)

Field	Value
Entity	Sabitha and Krishna Estates Inc (dba SKEstates Inc)
EIN	39-2384131
Tax Form	Form 1120 (C-Corp)