Sassetti LLC
REAL ESTATE ACTIVITIES
Every Property Has a Financial Story.
From acquisition and ownership through reinvestment and eventual
transition, real estate creates tax and financial decisions at
every stage. We help investors, developers and real estate
professionals understand those decisions and plan around the
long-term economics of the property.
01
Structure the Investment
02
Optimize the Ownership
03
Plan the Transition
REAL ESTATE TAX + ADVISORY
FROM PROPERTY TO PORTFOLIO
The financial strategy should evolve with the investment.
WHO WE HELP
Real Estate Looks Different From Every Seat at the Table.
Ownership structure, transaction activity and long-term goals
can create very different tax and accounting priorities.
01
OWN
Owners & Investors
Tax planning, entity considerations, depreciation,
exchanges and long-term strategy around individual
properties and broader portfolios.
02
DEVELOP
Developers
Financial and tax support surrounding development activity,
entity structure, investments, incentives and changing
ownership arrangements.
03
TRANSACT
Brokers & Professionals
Tax planning and business advisory for professionals
whose income and financial decisions are closely tied
to real estate transactions.
04
MANAGE
Property Managers
Accounting, reporting and tax support for organizations
managing rental activity, property operations and
increasingly complex portfolios.
THE INVESTMENT LIFECYCLE
Acquire. Operate. Reinvest. Transition.
Real estate tax planning is rarely about one transaction.
Decisions made at one stage can influence the economics of
what happens years later.
01
ACQUIRE
Start With the Structure.
Consider entity structure, ownership, financing,
initial tax basis and other financial implications
as a new property or investment enters the portfolio.
02
OPERATE
Manage the Economics of Ownership.
Coordinate accounting, depreciation, lease activity,
partner allocations and tax compliance while the
investment is producing income.
03
REINVEST
Put Capital Back to Work Intentionally.
Evaluate major improvements, acquisitions, exchanges,
incentives and other opportunities in the context
of the entire investment strategy.
04
TRANSITION
Think Beyond the Sale.
Consider the tax implications of dispositions,
ownership changes, succession and wealth transfer
before the transaction becomes final.
THE PROPERTY TAX BLUEPRINT
One Property. Multiple Layers of Tax Strategy.
Real estate tax planning becomes more useful when the individual
tax issues are viewed as connected pieces of the same investment.
SEE THE WHOLE STRUCTURE
The asset is only one part of the equation.
Behind every property is an ownership structure, tax basis,
depreciation history, financing arrangement, cash-flow profile
and eventual transition strategy.
Our role is to help connect those pieces so decisions are evaluated in the context of the investment as a whole, rather than one tax form at a time.
Our role is to help connect those pieces so decisions are evaluated in the context of the investment as a whole, rather than one tax form at a time.
01
Entity & Ownership
Partnerships, LLCs, elections, ownership changes and partner-level considerations.
02
Basis & Depreciation
Acquisition basis, improvements, depreciation and potential cost-segregation opportunities.
03
Income & Allocations
Rental activity, special allocations, partner reporting and entity-level tax matters.
04
State & Local Tax
Considerations when assets, owners or business activity span multiple jurisdictions.
05
Credits & Incentives
Evaluate available federal, state and local opportunities where applicable.
06
Exit & Transfer
Sales, exchanges, succession, estate planning and longer-term ownership transitions.
REAL ESTATE TAX & ADVISORY SERVICES
Strategy for the Property, the Entity and the Owner.
Real estate creates overlapping tax considerations. Our services
help connect the individual transaction with the broader
financial strategy.
01
TAX
Federal & Multi-State Tax Planning
Tax planning and preparation surrounding real estate
entities, individual owners, acquisitions, dispositions
and activity across multiple jurisdictions.
Explore tax services
→
02
EXCHANGES
Section 1031 Like-Kind Exchange Assistance
Tax guidance around qualifying exchange transactions,
replacement-property considerations and the tax impact
of moving from one investment property to another.
Talk with our team
→
03
PARTNERSHIPS
Section 754 Elections & Basis Adjustments
Support evaluating elections and calculating applicable
basis adjustments when partnership ownership changes.
Talk with our team
→
04
ALLOCATIONS
Special Income Allocations
Assistance with partnership allocation calculations
and related tax reporting when economics do not follow
a simple ownership percentage.
Learn more
→
05
DEPRECIATION
Cost Segregation Studies
Evaluate whether portions of an acquired or improved
property may qualify for different depreciation treatment
and model the potential tax impact.
Explore the opportunity
→
06
STRUCTURE
Choice of Entity Analysis
Evaluate entity structure alongside ownership,
tax considerations and the long-term objectives
of the real estate activity.
Explore advisory
→
07
INCENTIVES
Credits & Incentive Analysis
Analyze federal, state and local programs that may be
relevant to development, investment, preservation,
energy or other qualifying activities.
Talk with our team
→
08
LEASING
Lease Analysis
Financial and tax analysis surrounding lease activity
for landlords and tenants, including the economics
behind significant lease decisions.
Learn more
→
09
RENTALS
Vacation & Rental Property Support
Accounting, recordkeeping, reporting and tax planning
for owners managing rental activity and related expenses.
Talk with our team
→
10
LEGACY
Estate & Succession Planning
Coordinate real estate ownership with estate,
trust and succession considerations when assets
are intended to move between generations.
Explore estates & trusts
→
11
COMPLIANCE
Tangible Property & Tax Compliance
Support navigating tax rules affecting repairs,
improvements, capitalization and other property-related
expenditures.
Talk with our team
→
12
ACCOUNTING
Accounting & Reporting
Bookkeeping, reporting and outsourced accounting support
for real estate entities and owners managing multiple
properties or activities.
Explore CAAS
→
PLAN BEFORE THE TRANSACTION
Real estate tax strategy becomes more limited once the transaction is already complete.
SECTION 1031 EXCHANGE PLANNING
Don't Make the Tax Conversation the Last Step of the Deal.
A potential like-kind exchange involves more than simply
choosing another property. Transaction structure, timing,
property use and the tax consequences of the exchange all
need to be considered together.
Bringing your tax advisor into the conversation earlier gives the team more opportunity to understand the planned transaction and evaluate the available options.
Bringing your tax advisor into the conversation earlier gives the team more opportunity to understand the planned transaction and evaluate the available options.
01
Before the Disposition
Discuss the planned sale, ownership structure and potential tax consequences.
02
During the Exchange Process
Coordinate tax considerations with the broader transaction and replacement-property strategy.
03
After the Acquisition
Carry the transaction into basis, depreciation and future tax reporting.
FROM PROPERTY TO PORTFOLIO
Complexity Multiplies as the Portfolio Grows.
A single property may have a relatively straightforward
financial structure. Multiple properties can introduce
additional entities, partners, financing arrangements,
jurisdictions, allocations and reporting requirements.
We help organize those moving pieces so management and ownership can see both the individual properties and the broader financial picture.
We help organize those moving pieces so management and ownership can see both the individual properties and the broader financial picture.
REAL ESTATE PORTFOLIO
One Strategy Across Multiple Investments
01
Property / Entity A
02
Property / Entity B
03
Property / Entity C
04
Ownership & Partner Reporting
REAL ESTATE + LEGACY
Some Properties Are Investments. Others Become Part of the Family Story.
Real estate may represent a meaningful part of an owner's
net worth, income and long-term estate. That makes ownership
transition an important financial conversation well before
the property actually changes hands.
Our tax and estate professionals can help coordinate real estate considerations with broader planning around trusts, succession, wealth transfer and future generations.
Explore Estates & Trusts
→
Our tax and estate professionals can help coordinate real estate considerations with broader planning around trusts, succession, wealth transfer and future generations.
OWNERSHIP
How is the property held today?
SUCCESSION
Who should own it tomorrow?
TAX
What tax considerations could affect the transfer?
LEGACY
How does the property fit into the broader estate?
THINK BEYOND THE PROPERTY
The right real estate decision considers today's economics, tomorrow's tax impact and what you ultimately want the investment to become.
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