The real estate industry is undergoing constant change. It is crucial for real estate owners and investors to work with an accounting firm that understands the industry and provides tax, accounting, and audit services that are unique to the real estate sector. One Chicago Commercial works directly with reputable accounting firms who have years of practical experience guiding real estate owners through complex accounting, tax, and transactional matters. Real estate tax and consulting services include:
Assurance services
Financial Statement Audits and Reviews
Common area audits for owners, operators, and lessees
Project-specific operating statements
Fair Value financial presentations
Internal control reviews
Employee Benefit Plan Audits
Accounting Services
Transactional Due Diligence
Procedures for Construction Contract Cost Verification
Partnership, LLC, and S-Corporation planning and structuring
Capital gains planning
Tax credits; including low-income housing, historical structures, and others