Real Estate
Are you a real estate owner or investor looking for a trusted accountant? Look no further than Bright Hill Advisors. Our team of experienced professionals is here to help you navigate the complex tax landscape of real estate ownership and make the most of your investment.
Our real estate accounting services include:
- FIRPTA compliance for foreign investors
- 1031 exchanges
- Accounting and bookkeeping for real estate
FIRPTA Compliance:
The US has strict tax policies for foreign individuals involved in the sale of US property. Our team is well-versed in all tax laws regarding property sales by foreign owners, and can help you stay compliant with FIRPTA while also finding deductions and credits to lower your liability.
1031 Exchanges:
A 1031 exchange offers a unique opportunity to defer capital gains tax on a property sale by investing your profits in a new property acquisition. However, the regulations are strict and failure to follow them can result in a large tax bill. Our team can guide you through the 1031 exchange process to ensure you meet all requirements and make the most of this opportunity.
Accounting and Bookkeeping:
Proper accounting and bookkeeping is essential for any real estate business. We offer comprehensive services to help you track your income, expenses, and profits, and can provide financial statements and reports to help you make informed decisions about your investment.
If you’re looking for a skilled real estate accountant, schedule your free consultation with Bright Hill Advisors today. We look forward to helping you save money and stay tax compliant.
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