Real Estate Tax and Advisory Services

Those in the Real Estate business understand that the tax attributes associated with their particular project must be considered before deciding to proceed on a deal. A significant portion LG Legacy Group’s practice and experience is in the consulting and compliance services to these Real Estate entrepreneurs and their projects.

Tax considerations pertaining to real estate entrepreneurs:

  • “Real Estate Professional” Classification
  • Passive Activity Losses
  • Debt Structuring and Debt Allocations
  • “Developer” vs. “Investor” Issues
  • Partnership Structuring and Income/Loss Allocations
  • “Waterfall” and Cash-Flow Analyses
  • Credits and Incentives
  • Real and Personal Property Taxes
  • Review of Cost Segregation Reports
  • Like-Kind Exchanges
  • Sales & Use Tax Compliance

We service real estate entrepreneurs in:

  • Office Buildings
  • Hotel Properties
  • Single and Multi-Unit Dwellings
  • Commercial Buildings
  • Management Companies