It takes steady nerves to be in the real estate and construction business today.
While there are enormous opportunities, there are also great risks. The real estate and construction sector is especially complicated and ever changing. Working with our team at The Accountancy, real estate and construction clients know they’re getting specialized industry knowledge and a degree of attentiveness they won’t find elsewhere.
IN ADDITION TO OUR TRADITIONAL ACCOUNTING, ASSURANCE, ESTATE AND FINANCIAL PLANNING, AND OTHER ADVISORY SERVICES, WE PROVIDE SEVERAL SPECIFIC SERVICES FOR THOSE IN THE REAL ESTATE AND CONSTRUCTION INDUSTRY:
Also known as like-kind exchanges, these tax strategies allow you to sell business or investment property, invest the proceeds in a new property, and defer capital gain taxes. This powerful strategy must meet certain criteria and rules. The Accountancy can advise you on how to make 1031 exchanges work for your company.
Cost Segregation Studies:
In a cost segregation study, we examine your commercial properties to determine if any part of the property or improvements can be reclassified from a 39-year or 27.5-year depreciation schedule to a 5-, 7- or 15-year depreciation schedule. Accelerated depreciation translates to significant tax benefits and savings for property owners.
Tax Credit Consulting:
Energy efficiency tax credits can make an enormous difference in your tax bill. Let us advise you on the many federal, state and local tax credits and deductions available to real estate and construction companies that invest in lighting, building envelope, heating and cooling systems that meet certain criteria.
For some fresh ideas about real estate and construction,
please call us at 818-547-5701, or contact:
Interested in saving money?
Let us perform a complimentary cost segregation evaluation and preliminary calculation for you.