Over 25% of our practice is dedicated to servicing the real estate and construction industry.
The construction industry is characterized by swings in profit margins, available work, cash flows, and labor availability – all of which can have a substantial impact on your company’s profits. Additionally, as industry regulations increase and become more stringent, the cost of compliance will likely continue to grow. Our CPAs and advisors provide a broad range of accounting, auditing, and tax services to contractors and sub-contractors of all sizes. We advise clients regarding strategies to maximize their bonding capacity and enhance working capital. MKA combines in-depth national real estate industry knowledge with years of technical experience to provide auditing, consulting and tax services to some of the largest real estate investors in the U.S.
In addition to the traditional audit, accounting and tax services, we can assist with the following:
Real Estate
- Cash Flow Analysis
- Business Planning
- Succession Planning
- Business Valuations
- Buy / Sell Agreements
- Section 179 Deductions
- Research & Development Credit
- Eligible 10% Expenditure Test
- 50% Test Reports
- Cost Allocation & Capitalization
- Cost Certifications
- Year 15 Exit Strategies
- Section 42 Qualified Contracts
- New Market Tax Credit (NMTC) Consulting
- Low-Income Housing Tax Credit (LIHTC) Modeling
- Ownership of Real Estate by Foreigners
- Analyzing Partnership & Limited Liability Company Operating Agreements for Income / Loss Allocation Issues
- Like-kind Exchanges
- Installment Sales
- Other Tax Issues Unique to the Real Estate Industry
- Due Diligence for Property Mergers, Acquisitions and Dispositions
- Assistance with Bank and Survey Credit Financial Reporting
Construction
- Multi-state Tax Issues
- State Use Tax
- Process Improvements
- Overhead Analysis
- Cash Flow Management, Fiscal Monitors & Aging Receivables
- Percentage-of-Completion Accounting and its Impact on Financial Statements
- Conduct Cost Segregation Studies
- Pre-qualification Reports for State and Local Regulatory Agencies
- Internal Controls & Efficient Accounting Systems
- Financial & Job Cost Systems
- Tax Credits Incentives & Rebates
- Federal Acquisition Regulation (FAR) Compliance Mandated by Federal Acquisitions Regulations
- Selection & Application of Tax Accounting Methods
- Tax Deferral Strategies
- Interest Capitalization for Tax Purpose
- Bond Arbitrage Rebate Services
- Break-even Analysis
- Bonding Services
- Banking Relationship Assistance
- Cost Segregation
- Cost Certifications for Construction Projects
- Job Cost Systems Assistance & Implementations
Firm Affiliations
- National Association of Industrial and Office Properties
- Associated Builders and Contractors