Jonathan Louie, CPA, MST
SENIOR MANAGER - TAX
Jonathan is a Senior Tax Manager at KROST, with over 14 years of experience in public accounting. He is a licensed CPA and has a Master of Science in Taxation from Golden Gate University.
Jonathan’s expertise includes federal and multi-state tax compliance and consulting for high net worth individuals, partnerships, and corporations. He services clients in various industries, including but not limited to the real estate, restaurant, medical, and entertainment industries.
He is a member of the Real Estate Industry Group at KROST. He specializes in providing tax compliance and consulting services for clients in the real estate industry, including real estate brokers, developers, property managers, landlords, lawyers, and investors.
Jonathan is an expert in dealing with 1031 exchanges and cost segregation and has consulted many clients and CPAs. He has written articles, spoken at conferences, and given webinars on the complexities of the interaction between 1031 exchanges and cost segregation. Jonathan was also an author and contributor of comments that were submitted to the IRS in response to its proposed 1031 exchange regulations in June 2020. The comments were instrumental in getting the IRS to change several key provisions of its proposed regulations in favor of taxpayers prior to issuing the final 1031 exchange regulations in November 2020.
• KROST, Senior Tax Manager (2014 – Present)
• Haber Corporation CPAs, Tax Senior
• Bachelor of Science, Business Administration, emphasis in Accounting from the University of California, Riverside
• Master of Science in Taxation, Golden Gate University
• American Institute of Certified Public Accountants (AICPA)
• California Society of Certified Public Accountants (CalCPA)
• June 2018 - Sacramento CalCPA Real Estate Conference – Interaction of 1031 Exchanges and Cost Segregation Under the TCJA
• October 2018 - CCH Webinar - Interaction of 1031 Exchanges and Cost Segregation Under the TCJA
• October 2019 - CCH Webinar - Interaction of 1031 Exchanges and Cost Segregation Under the TCJA
• February 2018 - Loan Out Corporations – To be or not to be?
• December 2018 – Investor Alert: If you have not heard of DSTs, time to take a look - KROST Quarterly Magazine – The Real Estate Issue – Volume 2, Issue 1
• August 2020 – KBKG Comments to IRS on 2020 Proposed Regulations 1.1031(a)-3 (REG-117589-18)
• October 2020 - A Deeper Dive into Unintended Consequences of the Proposed Section 1031 Regulations – KROST Quarterly Magazine - The Real Estate Issue Vol 3, Issue 3
Jon's Thought Leadership
This is a preview of one of the articles in the new KROST Quarterly Real Estate Issue, titled “A Deeper Dive into the Unintended Consequences of the Proposed Section 1031 Regulations” by Jonathan Louie In 2017, the Tax Cuts and Jobs Act (TCJA) amended Internal Revenue Code (IRC) Section 1031 to limit nonrecognition treatment to exchanges … Read More
Below is a preview of one of the articles in the new KROST QUARTERLY Real Estate Issue, titled Client Spotlight: Mamal Moinpour by Jonathan Louie, CPA. Recently, we had the opportunity to interview one of our tax clients, Mamal Moinpour, who owns real estate in the Greater Los Angeles and across the U.S. He is … Read More
Below is a preview of one of the articles in the new KROST QUARTERLY Real Estate Issue, titled “Investor Alert: If You Have Not Heard of DSTs, Time to Take a Look” by Jonathan Louie, CPA. In Los Angeles, from September 2007 to May of 2009, the cost of real estate declined by 60%, driving … Read More
With the passing of the Tax Cuts and Jobs Act of 2017, many actors, writers, directors, and other professionals in the entertainment industry will likely see their taxes increase beginning in 2018. The entertainment professionals who earn wages are being hit the hardest because employee business deductions will no longer be allowed in 2018 going … Read More