REAL ESTATE

Are you fully leveraging the tax incentives available to real estate businesses? From Section 1031 like-kind exchanges to opportunity zone incentives, these provisions can significantly reduce your tax liability. A careful review of your current tax strategy could uncover opportunities to defer taxes, increase cash flow, and maximize investment returns. We help clients optimize deductions for depreciation, capital improvements, and operational expenses, ensuring they stay ahead of regulatory changes and extract every benefit available.

With the new lease accounting standards (ASC 842), are you prepared for how it affects your balance sheet and financial reporting? Real estate firms must now recognize lease liabilities and right-of-use assets, affecting debt ratios and potential borrowing capacity. Our advisory services ensure that your organization adopts a smooth transition to ASC 842, minimizing financial statement impacts and keeping your real estate portfolio compliant. We guide clients through lease analysis, system implementation, and ongoing compliance management to avoid pitfalls and enhance financial visibility.

Is your real estate portfolio taking full advantage of accelerated depreciation? With the ability to deduct substantial depreciation on commercial and residential properties, real estate owners can reduce taxable income and improve cash flow. Our team specializes in cost segregation studies to identify opportunities for front-loading depreciation expenses and accelerating deductions. Whether you’re holding, renovating, or selling properties, we can help structure your depreciation strategy to increase your tax savings, ensuring you capture the full benefits while staying compliant with IRS guidelines.

Are you leveraging 1031 exchanges to defer capital gains tax on property sales? Real estate investors can defer significant tax liabilities by reinvesting in like-kind properties, but the process requires precise planning and strict adherence to IRS rules. Our accounting and tax professionals guide you through every step of the 1031 exchange process—ensuring compliance and maximizing tax deferrals. We also help clients structure deals to achieve their long-term financial goals, whether it’s portfolio diversification, liquidity, or capital gains tax mitigation.

Is your real estate accounting system optimized for the complexities of REITs or large property portfolios? REITs and large property owners face unique financial reporting and tax challenges that require specialized accounting expertise. Our team offers comprehensive services for REITs, ensuring compliance with complex IRS rules, including dividend distribution requirements, income tests, and tax-efficient structures. Whether you’re managing a single property or a large real estate portfolio, we provide timely and accurate financial reporting to optimize profitability, streamline tax compliance, and support strategic growth.

Are you exploring all your options for tax-deferred growth in real estate? Beyond 1031 exchanges, there are a range of tax-deferral strategies such as opportunity zones and deferred sales trusts that can help real estate investors grow their portfolios without immediate tax consequences. Our firm provides expert guidance on these strategies, helping clients make informed decisions to defer capital gains taxes and reinvest those savings into additional properties. We work with you to create tailored plans that support your long-term growth objectives while maintaining tax compliance.

Are you prepared for the capital gains tax implications when you sell your real estate? The taxation of gains from real estate sales can significantly impact your bottom line, especially when dealing with appreciated properties. We provide strategic tax planning to mitigate capital gains taxes, from utilizing 1031 exchanges to planning for opportunities such as tax-loss harvesting and installment sales. Our goal is to help you achieve favorable tax outcomes while meeting your investment goals, ensuring that your real estate transactions remain profitable after taxes.

How well are you managing state and local taxes (SALT) on your real estate holdings? Real estate transactions often involve complex SALT considerations, including property taxes, transfer taxes, and income taxes, which vary significantly across jurisdictions. Our tax advisors specialize in navigating these complexities, identifying potential SALT exposure, and creating strategies to minimize tax burdens. We help clients plan for multi-state compliance, take advantage of available credits, and structure transactions in the most tax-efficient manner possible, ensuring you stay competitive and compliant.

Have you received an IRS audit notice or are you concerned about real estate tax disputes? Real estate transactions, especially those involving deductions, depreciation, and large investments, are often scrutinized by the IRS. Our team offers audit defense services and expert guidance through any IRS inquiries or disputes. We help clients prepare for audits, respond to IRS notices, and ensure that any potential issues are resolved quickly and effectively—protecting your business from unnecessary financial risks and ensuring full compliance with tax laws.