Real Estate Activities

Real estate services to help investors, developers, and professionals optimize their financial outcomes and achieve their objectives with deep expertise in real estate taxation, and accounting.

Who We Help

Owners and Investors
Commercial and Residential Brokers
Developers
Property Managers

Our Real Estate Services

Federal and Multi-state Tax Planning and Preparation for Real Estate Entities and Individual Owners

We assist with tax planning and preparation for a wide range of real estate transactions, including acquisitions, dispositions, leasing, and financing. Our real estate tax services are designed to help you stay compliant with all applicable tax laws and regulations, while maximizing your tax savings and optimizing your financial position.

Section 1031 Like-Kind Exchange Assistance

Our guidance helps identifying and acquiring replacement properties, as well as calculating the tax implications of your exchange. We can also help you understand the requirements for qualifying as a like-kind exchange, such as timing and property use requirements.

Section 754 Election and Calculations

Sassetti provides direction on making the right election for your entity, assisting with calculating the tax basis adjustments that result from a Section 754 election, and establish that these adjustments are properly reported on your tax return. Our Section 754 election and calculation services are designed to help you optimize your tax savings and ensure compliance with all applicable tax laws and regulations.

Special Income Allocations

Sassetti administers intelligence on making the right allocation for your entity. We assist with calculating the income allocation amounts for each partner or shareholder, and ensure that these amounts are properly reported on your tax return.

Cost Segregation Studies

Cost Segregation Studies services to real estate investors and businesses that own or acquire commercial or residential properties. Determine and allocate the costs of your property into shorter depreciation periods, resulting in significant tax savings. We perform a detailed analysis of your property to identify the assets that qualify for shorter depreciation periods, and provide you with a detailed report that outlines the savings you can achieve through a cost segregation study.

Choice of Entity Analysis

Our real estate Choice of Entity Analysis services to real estate investors and businesses that are considering a change in their legal structure or formation. We analyze the tax implications of each entity type, including C corporations, S corporations, partnerships, and limited liability companies (LLCs), and provide you with a detailed report that outlines the tax savings you can achieve through a choice of entity analysis.

Qualified Opportunity Zone Planning

Maximize your real estate investment returns and minimize your tax liability with our Qualified Opportunity Zone (QOZ) planning services. We help investors cross the tax rules surrounding QOZs, designated census tracts that offer significant tax benefits to investors who invest capital gains in eligible real estate projects within those zones. Our QOZ planning services include project selection and tax planning, and we can help you identify the right real estate projects to invest in. We will work with you to structure your QOZ investments in a tax-efficient manner, ensuring you take full advantage of the tax benefits available.

Analysis of Federal, State and Local Credits and Other Incentives

We understand that real estate investors are always looking for ways to maximize their returns and minimize their tax liability. That’s why we offer an in-depth analysis of federal, state and local credits and other incentives that may be available to real estate investors. We help you take advantage of tax incentives, grants, and credits available to real estate investors, including those related to affordable housing, historic preservation, renewable energy, and more. We’ll work with you to analyze these incentives and determine the best strategy to help you save money and increase your return on investment.

Lease Analysis for Both Landlord and Tenants

Whether you’re a landlord or a tenant, our lease analysis services can help you make informed decisions about your real estate investment. Our real estate lease analysis services include: Review of lease agreements to review your lease agreement to identify any potential issues, including hidden costs, unclear language, and non-compliance with regulations. Lease negotiations to help negotiate lease terms to ensure that your agreement is fair and favorable to you. Rent analysis by evaluating rent payments to ensure that they are consistent with market rates and in compliance with lease terms.

Real Estate Professional Compliance

Our real estate professional compliance services include: Licensing and permit assistance to obtain the necessary licenses and permits to operate in your jurisdiction. Compliance reviews by conducting a comprehensive review of your operations to identify any compliance issues and recommend corrective actions. Policies and procedures to develop and implement policies and procedures to ensure compliance with relevant laws and regulations. Training and education on programs to help you and your staff stay up-to-date on the latest compliance requirements.

Tax Reform and Tangible Property Regulation Compliance

Tax reform and tangible property regulations can have a significant impact on the real estate industry. That’s why we offer tax reform and tangible property regulation compliance services to help real estate investors and professionals stay current with the latest regulatory changes and optimize their tax strategies. Sassetti allows you to stay in compliance with all relevant regulations.

Vacation Home Rentals

We offer a range of services designed to help vacation home owners and renters make the most of their properties, including: Tax planning and compliance to help you develop a tax strategy that optimizes your benefits and minimizes your liability. Record keeping and reporting, keeping accurate records of rental income and expenses, and prepare the necessary tax forms and reports. Accounting and bookkeeping for comprehensive accounting and bookkeeping services to help you stay on top of your finances.

Estate Planning

Sassetti helps you develop an estate plan that maximizes your benefits and minimizes your tax liability, while ensuring that your assets are distributed according to your wishes. Our estate planning services for real estate include: Asset protection to help you protect your real estate assets from creditors and legal claims. Tax planning to develop a tax strategy that minimizes your estate tax liability and optimizes your benefits. Trusts and estates by assisting you with the creation and management of trusts and estates, including revocable and irrevocable trusts, living trusts, and testamentary trusts. Succession planning to develop a succession plan for your real estate assets, ensuring that they are passed down to future generations or other designated beneficiaries.

Employee Benefit Plans

Experienced auditors help plan providers avoid penalties and ensure compliance by addressing issues related to participant eligibility, compensation determination, and timely transfer of withholdings. Their year-round support reduces headaches and errors during audits. In case errors are found, auditors offer guidance through the correction process.

Meet The Experts

Our team members have spent a lot of time problem-solving for a variety of industries. Their expertise is unmatched and they are driven and excited about new challenges.

Renee Morawa

Partner

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Real Estate Activities

Who We Help

Our Real Estate Services

Federal and Multi-state Tax Planning and Preparation for Real Estate Entities and Individual Owners