Real Estate
Frazier & Deeter offers a full range of real estate, construction and hospitality services, including accounting, assurance, tax and financial consulting services. For over 20 years, Frazier & Deeter has had a significant participation in the real estate industry. Our CPAs and consultants are always on the cutting edge of industry-related changes. We are committed to providing the most professional and proactive service offerings that make Frazier & Deeter the perfect solution to your financial challenges. We provide services to office, industrial, retail, hotel, residential (single and multi family) real estate markets as well as country clubs, golf courses and general/sub-contractors. We also have specialty practice groups that are dedicated to Real Estate Investment Trusts (REIT) and Timber Investment Funds.
Our services are offered to individuals and companies involved in developing, owning, investing, managing and financing real estate projects. Our clients typically include real estate developers, construction general and sub-contractors, asset management firms, lenders, investors, property management firms, real estate brokers and brokerage firms.
We provide clients with a comprehensive range of services, which are structured to meet the specific needs of each client. Clients not only depend on Frazier & Deeter to provide the basic accounting and real estate tax functions -- such as audits, reviews and compilations of financial statements as well as preparation of real estate tax returns - but also a number of
specialized services.
Real Estate Tax Credits
Tax Credits are often used as a government sponsored incentive to make public policy priorities a reality when the normal machinations of economics encumber development and implementation. The federal historic rehabilitation tax credit has been utilized for decades to preserve historic buildings and districts that faced the wrecking ball due to the inability for conventional financing sources to make renovation of these structures financially feasible and attractive to investors over razing and rebuilding.
Read MoreAlso, the federal low-income housing tax credit program, which launched in 1987, has done the same to provide affordable rental housing to impoverished families, and is widely considered the most successful public-private partnership in U.S. history to provide affordable housing development and long-term housing. The federal new markets tax credit provides an additional financial incentive to developers and operators of non-residential businesses in these same low-income communities. Many states also have comparable tax credit incentives for these same purposes that offset state income taxes. These tax credits provide the right investors with a cash return on their investment via reduction in tax liability.
Read LessReal Estate Investment Trust (REIT) Services
The Real Estate Investment Trust (REIT) Practice at Frazier & Deeter brings a multi-disiplinary approach to serving public and private REITs. Our professional CPAs and real estate accountants understand the many issues affecting REITs and have the capabilities to deal with sophisticated and complex situations.
Read MoreREITs often require taxation, accounting, business advisory and valuation services to help maximize the value for the organization and its shareholders. Our REIT experience also includes initial public offerings and follow-on offerings of listed REITs and the registration of securities of non-traded REITs under the Securities Act of 1933.