Wednesday, February 22, 2012

Real Estate & Hospitality

Navigating
the complexities
of your world . . .
Financing, Management & Operations

The Real Estate/ Hospitality sector is a highly competitive arena that is constantly in flux. Roth & Company is here to help you succeed by providing innovative solutions to your tax, accounting and operating challenges. Our industry-specific financial expertise positions us to skillfully guide you through complex transactions, providing timely and strategic advice as well as overall support.

Our multi-disciplined professionals are accessible and responsive–always maintaining close communication with our clients. We are committed to building relationships based on integrity, candor and trust.

Spanning our thirty plus years, our multitude of real estate-related clients range from commercial and residential real estate firms to developers, convention centers, hotels and resorts, and beyond.

Our sophisticated accounting and assurance services far exceed the basics. We equip our real estate clients with the confidence they need to address their distinct cost allocations and meet the tax laws and financing requirements unique to real estate entities.

Audit, Accounting & Consulting:

  • Audits of private companies
  • Internal audit services and risk consulting, including internal control evaluation
  • Consulting in connection with variable interest entities
  • Allocation of purchase price in accordance with GAAP
  • Analysis and due diligence in connection with the acquisition, financing or disposition of real estate
  • Plan preparation regarding distressed property refinancing or disposition
  • Valuation of tangible and intangible assets
  • Lease audits and common area maintenance (CAM) reviews
  • Property damage claim services
  • Hotel consulting, including market analyses, valuation studies, operational reviews, organizational assessments and property staffing
  • Debt restructurings and workouts

HUD Compliance

Our assistance encompasses all aspects related to HUD, including budget preparation, rent increase requests, internal controls and compliance implementation, transfer of physical assets (TPA) and restructurings.

Roth & Company stands by its clients through every stage and plays a proactive role in avoiding limited denials of participation, suspensions and debarments.

We offer:

  • Annual audit including major program, internal control and fair housing reports
  • Electronic submission of financial data
  • Mortgage or contractor cost certifications
  • Establishing and maintaining HUD compliance

We firmly believe that focused tax planning and tax strategies are key. Well-versed in real estate tax laws and regulations that impact the market, our tax specialists provide real value to our clients.

Tax Compliance & Consulting

  • Consulting in connection with tax efficient dispositions of real estate and other proposed real estate transactions
  • Cost segregation studies to increase tax depreciation through identification of assets with shorter recovery periods
  • Consulting in connection with entity structuring – including UpREIT and downREIT consulting and compliance, merger and acquisition planning and structuring
  • International tax planning including inbound and outbound transactions and repatriation
  • State and local tax planning
  • Transfer pricing services
  • Income tax accounting under SFAS No. 109 and FIN 48

Take Advantage of Your Real Estate Holdings

Reduce your taxable income and increase your cash flow via cost segregation analaysis – an IRS approved method of reclassifying components and improvements of a commercial or residential rental building.

A cost segregation study is a valuable tool with immediate benefits obtained from accelerated depreciation based on classification of assets as personal property (5-year or 7-year depreciation) or land improvements (15-year) rather than real property (39-year or 27.5 year).

Roth & Company services a diverse base of real estate clients including:

  • Real Estate Operating Companies
  • Real Estate Investment Funds
  • Lodging/ Resorts
  • Shopping Centers
  • Private Equity and Hedge Funds
  • Syndicated Partnerships
  • Joint Ventures
  • Mortgage Finance Companies
  • Home Builders
  • Condominium Developers