Building Value Through Economic Cycles
The real estate industry is known for its economic cycles, changing regulations and highly competitive landscape. Real estate developers, operators and investors face numerous challenges each day, including high construction costs, limited opportunities, low occupancy levels and tight lending standards.
Whether you deal with multi-family, retail, industrial or commercial property, Bennett Thrasher’s team of real estate accountants can help you address these concerns and achieve your goals.
Bennett Thrasher offers accounting, tax and advisory services for real estate owners, sellers and investors. Our real estate tax accountants help our clients build value through:
- Tax planning and preparation to help you reduce federal and state tax liabilities
- Accounting and advising to add clarity to your decision-making
- Reviewing partnership agreements and tracking capital accounts to ensure compliance with IRS regulations
- Performing cost segregation studies to identify opportunities for accelerated depreciation
- Consulting on IRS rules regarding expensing versus capitalizing tangible property
- Identifying and claiming tax credits and incentives, such as the 179D tax deduction for energy-efficient buildings
- Deferring gains on closely-held property through Section 1031 like-kind exchanges
As one of the leading real estate consulting companies in the area, our extensive knowledge and experience working with the industry allow us to offer insights that will help you minimize risk and maximize profitability.
As a real estate owner, you need the peace of mind that comes from knowing you are taking advantage of all available opportunities to grow your portfolio while also mitigating risk.
Bennett Thrasher’s real estate CPAs have the experience and expertise to help you develop a comprehensive plan to minimize your tax liability while building a profitable real estate portfolio.
Whether you own commercial or residential properties, our experienced real estate tax advisors will work with you to evaluate potential acquisitions, structure tax-efficient sales and exchanges and help you understand the implications of various financing methods.
When selling real estate, you need to know whether income from your property’s sale qualifies as a capital gain or whether it will be taxed at normal income tax rates. When buying an investment property, you may worry about whether you will be subject to the 3.8% net investment income tax. You may also be interested in reducing the overall cost of acquisition through a cost segregation study.
Buying and selling real estate requires specialized accounting and tax knowledge. Without proper planning, taxes can be significant.
Our real estate accountants and tax advisors can help you understand market trends, navigate complicated tax laws and work seamlessly with your attorneys and other advisors.
U.S. real estate continues to be a sought-after investment. In addition to tax advantages, it provides investors with cash flow, significant leverage and capital appreciation. However, it can also come with an array of complex tax and legal challenges. Navigating federal and state tax laws isn’t easy, but with proper planning and sound advice from an experienced real estate consulting firm, you can ensure you’re in compliance and enjoy peace of mind.
Bennett Thrasher helps foreign investors in real estate ensure their investment partnerships are structured to minimize tax in each jurisdiction, thereby maximizing their investment return.