Mapping out a blueprint to your financial goals
Real estate investors, developers, property managers, and landlords face a complex array of challenges. These include regulatory compliance requirements, new federal and state tax codes, and continually shifting accounting standards that can significantly impact your bottom-line performance.
The key issues or challenges you may face range from accommodating shifts in housing ownership because of generational and demographic changes, to adapting new accounting standards, to capitalizing on tax deferral strategies, including like-kind exchange transaction structuring.
There are, however, opportunities in real estate that continue to make it an investment of choice. It takes keen awareness and constant vigil to find and capitalize upon these opportunities and a team of trusted advisors to structure business, financial, accounting, and operational infrastructure to ensure that the objectives of all stakeholders, from investors to renters, are properly met.
Real estate companies often need assistance in areas such as project feasibility determinations, business process improvements, benchmarking and ratio analyses, and more. Our real estate business clients range from sponsors for Opportunity Zone Funds to real estate investment and property management firms with thousands of units and millions of dollars of assets.
Real estate development in the United States continues to rise making this a financially and professionally rewarding industry.
ABBB provides the following solutions to companies, partnerships and joint ventures in the real estate industry:
Agreed Upon Procedures, Review and Compilations
Services for providing insight into the accuracy and validity of your real estate business’ accounting and financial information to discover and correct issues, install controls, assist with financial decision making, and respond to 3rd party financial information requests.
Business Advisory and Consulting
For real estate businesses seeking guidance in areas such as strategic planning, growth opportunities, business transformations, or selling, merging, or transitioning their businesses in response to new situations.
Outsourced Client Accounting
For real estate businesses seeking to make managing their business easier via outsourcing back office accounting functions like payroll, accounts payable and accounts receivable, analyzing areas for automation and implementing cloud-based solutions, and training staff on new software and procedures.
Tax Planning and Compliance – Business
Tax minimization strategies and tactics at the corporate level with a focus on capturing relevant Federal and State of Kansas incentives, credits and deductions real estate companies.
Tax Planning and Compliance – Individual
Tax minimization strategies and tactics for real estate company owners or families with a focus on opportunities under the new Tax Cut and Jobs Act and recent changes to State of Kansas tax requirements. We also help with tax strategies related to succession planning and exiting the business.
We help real estate company owners or families develop and implement customized strategies for achieving long-term goals, strengthening your financial security and maintaining your quality of life.
Other Adams Brown Solutions
For a confidential discussion of your issues and needs, please contact our Real Estate Team Leader, Rex Ball, using the fillable “Contact Us” form on this page.
For more than 20 years we have had a strong, stable relationship with Adams Brown. Their knowledgeable team has a strong understanding of our business and have been great partners. They have been instrumental in improving our business and financial operations over the years. We have never considered changing firms and would recommend them to anyone without reservation.
Walt Hill – High Plains Mental Health Center
The prompt, personal service provided by the Adams Brown team is the best benefit in working with this firm. They offer knowledgeable advice and help my business plan for any eventual scenario. Their guidance and support show their commitment to helping our business succeed. I would recommend them to anyone looking for an accounting firm that has the best interest of the business and its success at heart.
John VonLintel – JROBB, LLC
Par Exsalonce has used Adams Brown for over 10+ years for our payroll needs and have found them to be informative, helpful and accommodating. The salon is quite large and we are constantly adding new employees to the two locations. In addition, they handle insurance, IRA, Aflac and other deductions we throw at them! The entire team is wonderful to deal with – from the receptionist to the accountants that handle our diverse business needs. We could not ask for a more knowledgeable and dependable group of people. Our thanks to them many times over!
Teri Mills – Par Exsalonce
“With Adams Brown, we don’t just get a financial advisor – we get a business partner. Our engagement team does an excellent job serving our needs and continually works with us to develop a plan for long-term success. When we come to them with a question, they go above and beyond to get the answer. Knowing we have that kind of support and dedication from our CPA is important. Our company has been in business a long time, and having a partner like Adams Brown will help keep us on a successful path for many years to come.”
Gary Shorman – CEO, Eagle Communications, INC.
“I own a small business that has been running for over 40 years. I am proud to say we have been with Adams Brown for many of them! I am very pleased with the service they provide and their commitment to helping me grow my business. When I first began working with Adams Brown, I received guidance and a set of guidelines to follow that helped me achieve my business goals. I have full confidence that if I am unable to reach my main contact, I will still receive the best service so that I can stay on track. I highly recommend the team at Adams Brown.”
Dan Woolard – Midway Manufacturing, INC.
Cash Preservation, Tax Planning, and PPP Loan Forgiveness By Julie Wondra, CPA As we enter the fourth quarter of 2020, there is still much uncertainty in the manufacturing marketplace, as…
The Kansas Department of Revenue (KDOR) has extended the filing date for some 2019 corporate income tax return filers. If your Kansas-based business meets the criteria below, KDOR is allowing an extended filing date for 2019 corporate income…
The real estate business is transforming at a rapid pace. Technologies and disruptors such as blockchain, virtual and augmented reality, machine learning, and automation are changing the business model.
As a result, the opportunities in the industry are endless. All you have to do is seize them!
Real Estate Team Leader: Mark P. Barnett, Jr.