Real Estate

Overview

The real estate industry is fast-paced and undergoing constant change. For this reason, it’s important to work with a team who understands the industry, both locally and nationally, and who will be your partner in keeping pace with industry changes and offer proactive solutions to impact your growth and success.

Brown Smith Wallace real estate CPAs, consultants and advisors have backgrounds in construction management, engineering, real estate litigation support, transaction advisory, audit, tax and accounting. Our team possesses a unique blend of talents to help developers, owners, property managers, landlords, syndicators and investors, real estate partnerships and others in the real estate industry.

In addition to providing traditional tax, accounting and audit services, our real estate industry expertise includes:

Specialty Tax Services:

Business Property Tax Strategies
Cost Segregation Studies
Credits & Incentives
Estate Planning
Historic Preservation Tax Credits
Like-Kind Exchanges Consulting (Section 1031)
Opportunity Zones
Passive Activity Rules
Sales and Use Tax Analysis
State and Local Tax Compliance

Audit Services:

Advisory Services:

Business Performance Consulting
Construction Audit for the Project Owner
Internal Control Compliance
Insurance Consulting
Litigation Support
Networking and Dealflow Opportunities
Outsourced Accounting
Senior Housing Consulting
Transaction Advisory Services
Valuation Services

Our team’s experience allows them to help throughout the entire lifecycle of a project, from project inception through its completion, and the ongoing tax and accounting compliance.

Experience

Qualifications

Property Tax Assessment Appeals Result in 21.5 Percent Value Reduction
02.07.2019

Testimonials

In addition to finding significant savings on Mercy construction projects, the Brown Smith Wallace Construction Audit team understands our values and culture – treating vendors as Mercy would. The team members have broad skillsets and deep industry experience, bringing us a concentration of industry best practices.

Mercy Hospital
Geralyn Lynch, Director Facilities Finance
Brown Smith Wallace is a great partner for the breadth of services that we require. Not only do they perform our typical annual audit, we also have two HUD audits that we need each year and all of our audits require Uniform Guidance compliance. In addition, they perform our 403(b) audit and audits for two for-profit entities under a Master Lease arrangement. As a fairly complex entity, it’s nice to know we can obtain all the expertise we need under one roof! The staff we work with are terrific!

Places for People

Laura McCallister, Vice President of Finance & Facilities