Real Estate
Develop Your Business
Whether the market is hot or cold, a multitude of variables impact every opportunity and every challenge. With thousands of real estate transactions under our belts, we can help.
The ASL Real Estate Group includes highly skilled professionals who are experienced in the planning, accounting and taxation transactions for businesses, their owners and individual investors. We focus on helping you:
- Develop the correct entity structure for your unique needs
- Maximize your profitability and personal wealth
- Leverage ever changing tax laws to your benefit
- Identity efficiencies which reduce operating costs and free up resources
- Navigate complex accounting and related tax compliance
- Guide in the planning and execution of your 1031 exchange
- Assist with property tax issues
Our clients are developers, investors, owners, syndicators, property managers, joint ventures, and tenancies-in-common engaged in property development and ownership of all types of real estate including office/industrial, residential, retail, and land.
We are actively involved in the Allinial Global Real Estate Community enabling us to access knowledge and resources across the U.S. and worldwide for all types of real estate transactions.
We have developed a network of real estate attorneys, title companies, exchange accommodators, commercial bankers, cost segregation engineers, and real estate software providers. These relationships allow us to provide customized resources to our clients.
Questions to Ask Yourself
This depends on you. However, we can help guide you to the most tax-efficient plan based on your wants and needs. There are tax-deferral opportunities through a Sec. 1031 Exchange, you can gift to family members or your favorite charitable organization or you can do an outright sale. We are here to help you determine the best option for divestment.
It is common practice to hold real estate in a separate entity (partnership or limited liability company) combined with a trust. We can help guide you to a structure that works best for your personal situation and complexity.
The treatment of a loss related to a short-term rental depends on several factors including your personal use of the property and how active you are in operating the rental. We can analyze your unique situation and determine the deductibility of these losses.
