Premier Real Estate Consulting Services
Operating in the real estate industry holds special challenges with regards to tax laws, market conditions, regulatory environment, and the ever-changing shifts in technology. We keep abreast of financial trends and issues, enabling us to assist our clients with finding fiscal solutions in this evolving market.
Convergence CPA Group works with a wide variety of real estate clients and we have invested significant resources to meeting the needs of our clients in this industry.
Our broad base of property experience includes residential housing, multi-family apartment buildings, condominium and town home communities, low-income housing, mixed-use developments, shopping centers, parking facilities, golf course communities, storage facilities, and commercial buildings. We also specialize in government regulations (HUD, FHA, HOA, Low-Income Housing).
We Serve A Multitude of Real Estate Clients Across The US
Residential, commercial, industrial, and flex property builders and developers
Real estate owners and investors
Property management companies
Leasing companies
Homeowners associations
Family-owned and private real estate ventures
Mortgage lenders
Real estate agents and brokers
Tax Compliance Simplification for Your Real Estate Entities
Our real estate clients must provide accurate and timely tax information to their investors, but they wish to alleviate as much of this regulatory burden on themselves as possible – why, then, should you burden yourself with a CPA firm that doesn’t specialize in real estate tax compliance and simplification? With condensed filing deadlines and constant changes in tax law, traditional tax compliance methods increase the risk of errors. To avoid these errors, we have developed a comprehensive set of tax compliance solutions to help save you time and effort.
Our Tax Compliance Solutions
Faster delivery of IRS Schedule K-1 packages to your investors through a secure web-based portal.
Capturing important investor data early in the compliance process to identify issues that require additional resources.
Managing all aspects of the entire workflow process through automation and technology.
Centralized data archiving for improved accuracy and quality control.
Save Time and Resources
From collecting data to building customizable Schedule K-1 packets, our solution guides you through completing each component in the tax compliance process, helping you save time and resources.
Specialized Real Estate Consulting Services
Our real estate consulting group offers specialized real estate consulting services designed to increase your profitability and reduce your operating costs.
Multi-state planning, nonresident withholding, and composite filings
Deal structuring, financing, and §1031 like-kind exchange strategies
Cost segregation studies to accelerate tax depreciation – learn more
State incentives and IRS credits for investment, rehabilitation, and energy
Acquisition due diligence, valuations, and purchase price allocations
Troubled asset management, bankruptcy, and debt restructuring
Property tax appeals, abatement, and personal property tax compliance services
Involuntary conversions, condemnations, and eminent domain issues
US tax withholding for foreign investors, FIRPTA issues, and FATCA rules
Land banking and capital gain maximization strategies
Passive activities, At-risk, and real estate professional grouping rules
Allocation of common improvement costs
State-based conservation easements
Real Estate Tax Planning and Compliance Services
In addition to our real estate consulting services, we also provide traditional accounting, auditing, and tax services.
Federal, International, and State tax planning, modeling, and compliance
Choice of entity planning and selection of tax accounting methods – learn more
IRS and state tax audit representation
Mergers and acquisitions
Strategic planning
Estate planning and wealth preservation
Business succession planning
Employee compensation and pension plans
Insurance consulting
Lease analysis and review
Litigation support
Financial reporting packages
Internal controls and operational reviews
Budgeting, forecasting, and cash flow analysis