Real Estate

Operating in the real estate industry holds special challenges with regards to tax laws, market conditions, regulatory laws and the ever-changing shifts in technology. In the New York region, competition is fierce and tax laws are constantly changing, requiring companies to be able to respond quickly and plan for the future.

At Grassi & Co., we help real estate clients, investors, developers, management companies, residential and commercial owners and landlords, managers, brokers, hotel operators and other professionals meet these challenges and maintain their competitive edge in the marketplace. We keep abreast of financial trends and issues, while helping clients find fiscal solutions in this constantly-evolving market. Our knowledgeable, proactive and experienced advisors assist real estate clients in all stages of business growth.

Grassi & Co. serves a large segment of the local and regional real estate market aggressively increase efficiency, improve operations and raise their bottom line. Our real estate experts develop accounting systems to improve financial reporting operations and reduce overhead. Part of our consultative approach focuses on recommending tax-saving strategies, including 1031 (like-kind) exchanges and involuntary conversions, and cost segregation studies to help accelerate depreciation opportunities.

Grassi & Co. serves the real estate industry with the following services:

Accounting & Business Services

• Accounting
• Bookkeeping

Assurance

• Audits, Reviews and Compilations of Financial Statements

Tax Compliance & Consulting

• 1031 (Like-Kind) Exchanges of Property
• 179D Energy Tax Deductions
• Condemnation Issues
• Cost Segregation Studies
• Estate Planning
• Mergers & Acquisitions
• Partnership Agreement Drafts
• Review of Retirement and Death Benefits/Funding Alternatives
• Tax Planning and Preparation

Consulting

• Business Valuations
• Due Diligence
• Financial Reporting Packages
• Forensic Investigations and Accounting
• Fraud Detection and Prevention
• Internal Controls Analysis, Review & Design
• Lease Consulting
• Negotiation of Office Leases
• Operational Reviews

Technology Consulting

• Custom Programming
• ERP Consulting
• Operational Reviews
• Quality Assurance
• Software Implementation Services
• Software Selection
• Software Training
• Staff Recruitment Services
• System Design
• Technology Assessments

Other Services

• Private Real Estate Ventures

CLIENT TESTIMONIALS: Click here to see what some of our real estate clients have to say about working with us.
UPCOMING EVENTS: Click here to see our upcoming real estate events.