The real estate industry is undergoing unprecedented changes – and, in the faltering U.S. economy, stability remains elusive.
This industry is inherently volatile, coping with fluctuations in market conditions, tax laws, interest rates, and regulations. Real estate professionals have faced additional challenges since the collapse of the sub-prime lending industry, which has caused massive foreclosures and a dip in property values. And, as the Great Recession continues to plague the country with high unemployment levels, lenders are more cautious about approving loans and potential buyers are less able to procure mortgages, causing the housing market to suffer further.
At HRSS CPAs & Advisors, we understand the ups and downs of the housing industry. Our knowledge and experience, as well as our insight into your business and the issues you face, mean our clients receive high-quality, focused attention. Our team leverages the various tax consulting credits and incentives available in the real estate industry. Our tax professionals are highly experienced in federal, state, and local tax credits and help clients properly structure deals and lower overall taxes.
Our clients include commercial and residential real estate developers and owners, as well as real estate brokers and investors. We guide them through every stage of the real estate cycle – from strategizing, to evaluating their acquisitions, to prioritizing potential financing options. Our audits and reviews, monthly accounting support, cash flow projections and analysis, internal controls, and risk management enable real estate developers and property owners to increase operational efficiencies and grow strategically.