What was the provision for income taxes for Counselor Realty in 2022?

According to Counselor Realty's 2025 Franchise Disclosure Document, the provision for income taxes recorded for the year ending December 31, 2022, was $5,100. The FDD also notes that Counselor Realty files consolidated tax returns with its parent company, Counselor Holding, Inc., and its subsidiaries.

This means that $5,100 was the amount Counselor Realty allocated for income taxes in its financial statements for that year. It's important to note that this is not necessarily the actual amount of taxes paid, but rather an accounting estimate of the tax liability for that period. The actual tax obligations could differ, but this provision represents the company's best estimate at the time the financial statements were prepared.

For a prospective franchisee, this figure provides insight into Counselor Realty's profitability and tax strategy. While the company files consolidated tax returns, this specific provision reflects the income tax expense allocated to the Counselor Realty franchising entity. Reviewing these figures over several years, as presented in the FDD, can help potential franchisees understand the company's tax planning and its impact on net income. It is also worth noting that the provision for income taxes was $0 for both 2024 and 2023, indicating a change in profitability or tax strategy in those years compared to 2022.