Wealth Strategy Built Inside the Industry
Commercial real estate is a deal-by-deal business with tax stakes, concentration risk, and timing problems that most financial advisors have never seen up close. We have. OPG builds wealth strategy for developers, brokers, syndicators, and investors who need a financial partner who already speaks the language.
Fluent in your business.
The OPG team understands commercial real estate from the inside. Through years of working with developers, brokers, and investors, and through personal connections to the industry, Tanner Dallas speaks the language of cap rates, NOI, GP/LP splits, IRR, cost segregation, 1031s, and opportunity zones without translation. Matt leads tax strategy through Opulence Tax Group, our in-house tax practice, which means the planning and the tax work happen under one roof.
Most financial advisors treat real estate as one asset class among many. We treat it as the business it actually is: deal-driven, tax-first, with unique liquidity and concentration challenges that have to be planned for, not reacted to.
The complexity we solve for
Commercial real estate professionals carry a unique set of financial challenges. Income is lumpy and deal-dependent. Tax exposure is multi-layered and multi-state, with K-1s arriving from every direction. Net worth is concentrated in illiquid assets and tied up in active deals. Liquidity timing matters as much as total return. And the planning has to hold up across acquisitions, refinances, exits, and the inevitable next cycle.
We build planning, tax, and investment strategy around that reality, not against it.
Seven pillars of a CRE engagement
Strategic Tax Planning
Led by Opulence Tax Group, our in-house tax practice.
- Cost segregation analysis and implementation coordination
- Bonus depreciation strategy under current tax law
- 1031 exchange planning, including DST options
- Opportunity zone analysis, timing, and tracking
- Real estate professional status qualification and documentation
- Passive activity loss optimization and grouping elections
- Entity structuring across deals and ownership layers
- Multi-state filing and K-1 integration
Concentration and Liquidity Management
The risk most CRE professionals carry without measuring.
- Portfolio-wide concentration analysis across all holdings
- Diversification roadmap calibrated to deal cycles
- Liquidity reserves sized to capital call exposure
- Cash flow planning across illiquid and liquid assets
- Runway analysis for development timelines
Wealth Building Outside Real Estate
You do not need more real estate. You need everything else.
- Custom portfolios designed for non-correlation to CRE cycles
- Selective access to alternative investments for qualified clients
- Private credit, private equity, and other non-correlated strategies
- Tax-efficient public market investing for high earners
- Roth conversion planning during favorable income years
Retirement Plan Design for Owners
The opportunity most CRE owners never see surfaced.
- Solo 401(k) and SEP IRA design and administration
- Cash balance plans for high-earning owners with stable years
- Defined benefit plan analysis where appropriate
- Plan design for entities with W-2 owner-employees
- Coordination with third-party administrators on plan operation
Risk Management and Insurance
Protection sized to the complexity of your business.
- Key person and partner-level life insurance
- Disability insurance for active developers, brokers, and operators
- Buy-sell agreement funding and review
- Personal umbrella and liability coverage review
- Estate liquidity insurance for illiquid real estate estates
Estate and Legacy Planning
Real estate is among the hardest assets to pass cleanly.
- Real estate-specific estate planning frameworks
- Step-up basis strategy and timing
- Family limited partnerships and trust structures
- Generation-skipping considerations
- Coordination with estate attorneys on document execution
Deal and Transaction Support
On-call planning for the moments that matter most.
- Tax modeling for new acquisitions and dispositions
- Exit, recapitalization, and refinance scenario analysis
- Capital allocation framework across active and pipeline deals
- Coordination with CPAs, attorneys, lenders, and partners
- Post-transaction reinvestment planning
Who we work with
We work with professionals across the commercial real estate ecosystem:
- Developers across residential, commercial, multifamily, and industrial asset classes
- Commercial brokers earning significant commission income
- Real estate syndicators and fund general partners
- Buy-and-hold investors with substantial rental or commercial portfolios
- Construction and development company owners
- Property management firm owners
- Limited partner investors writing meaningful checks into deals
We are not a real estate sponsor, broker, or syndicator. We do not market deals, raise capital, or accept commissions from real estate transactions. We are the fiduciary financial planning and tax firm that sits alongside your CPA, attorney, lender, and partners.
How we engage
Most CRE clients have meaningful investable assets, complex tax pictures, and active transaction flow. Engagements typically combine ongoing advisory work with project-based deal support.
Advisory
Retainer or fee-based for investment management and ongoing planning
Project Work
Defined-scope fees for cost segregation coordination, 1031 planning, exit modeling, and complex transactions
Tax Services
Bundled through Opulence Tax Group as part of the advisory relationship
Cadence
Quarterly planning meetings with on-demand availability for active deals
Coordination
Standing communication with your CPA, attorney, lender, and operating partners
Family office-style coordination is available for clients with multi-generational planning needs and broader balance sheet complexity.
The team
Tanner Dallas, CFP®
Co-Founder and Lead Advisor
Brings direct industry exposure to commercial real estate through years of client work and personal industry connection.
Full bio
Matthew Bitter, EA
Co-Founder and Tax Strategist
Leads tax strategy through Opulence Tax Group's team of CPAs and tax professionals, with deep expertise in real estate taxation, entity structuring, and multi-state filings.
Full bioFrequently asked questions
Ready for a financial partner who already gets your business?
A 30-minute intro call is the best place to start. No fee, no pressure, just a conversation about your situation and your goals.
Opulence Planning Group is a DBA of Black Knight Wealth Management, an SEC-registered investment adviser. Opulence Tax Group is the tax services practice affiliated with Opulence Planning Group. The information on this page is for educational purposes only and does not constitute investment, tax, or legal advice. Tax strategies referenced, including but not limited to cost segregation, bonus depreciation, 1031 exchanges, opportunity zone investments, real estate professional status, and passive activity loss strategies, involve complex requirements and may not be appropriate for every situation. Eligibility, outcomes, and tax benefits depend on individual facts and current tax law. Working with a fiduciary adviser does not guarantee better investment results or a profit, nor does it protect against loss. Past performance is not indicative of future results. Please consult a qualified professional before making financial or tax decisions.
Opulence Planning Group does not act as a real estate broker, sponsor, syndicator, or qualified intermediary. We do not market, sell, or solicit investments in real estate deals or syndications, and we do not accept commissions on real estate transactions.
Additional information about Black Knight Wealth Management, including its Form ADV and Form CRS, is available at adviserinfo.sec.gov.