A Proactive Approach to Business Continuity
Secure your business's future with expert succession planning from MBE CPAs. Explore strategies for leadership continuity, risk mitigation, and increased business valuation.
Achieving success in the real estate market requires more than just acquiring properties and waiting for your investment to pay off. Efficient accounting, strategic tax planning, and effective property management are crucial to ensure a stable and profitable business. These factors not only pave the way for immediate profitability but also open doors to expand your property portfolio in the future.
MBE CPAs specialize in providing customized business solutions optimized for the unique needs of the real estate industry. Our comprehensive accounting services and tax planning solutions allow you to streamline your financial processes, minimize tax liabilities, and make data-driven investment decisions that maximize ROI. Moreover, our expertise in property management empowers you to handle tenant relationships, maintenance, and rental income efficiently.
Whether you’re a developer looking to bring your vision to life, an investor seeking to expand your portfolio, or a property owner aiming to generate income, we have the expertise and resources to guide you every step of the way. We specialize in all aspects of real estate growth, from identifying development strategies and financing to property management and ownership.
We offer tailored solutions – accounting and beyond – to help you navigate the complexities of the market and maximize your return on investment.
Enhance financing chances with our strategic financial services for the best terms and conditions.
Expertise in funding options, projections, and business plans to support developers in securing financing from lenders and investors.
Our team of experienced professionals will thoroughly assess your financial statements, internal controls, and compliance with industry regulations. By identifying areas of concern and providing recommendations for improvement, we help you optimize your financial performance and enhance efficiency.
Our team at MBE CPAs can help you with budgeting and monitoring your project costs, ensuring that they stay within the planned framework. We provide accurate financial analysis, expense tracking, and cost projections, allowing you to make informed decisions and keep your project on track.
Our tax advisors provide personalized planning, compliance, and deductions for real estate developers to optimize financial returns and stay compliant.
Owning and investing in property can be a lucrative venture with the potential to generate long-term wealth and secure your financial future. However, there are many considerations to remember, from managing property finances, legal compliance, and tenant relations to maximizing profits and minimizing risks.
Before investing in real estate, you must be clear about your investment goals and objectives. Are you looking to generate rental income, increase property value, or secure long-term wealth?
There are various investment options – residential, commercial, short-term rentals, owner-occupied multi-family investing, real estate investment trusts (REITs), and more. The decision to invest in either one will depend on your investment goals and financial capabilities.
At MBE CPAs, we provide guidance on all aspects of real estate investment, from identifying investment goals to analyzing market trends and assessing financial implications.
Property ownership and investment come with inherent risks, ranging from market volatility to contract disputes and legal actions. At MBE CPAs, we help mitigate these risks by providing expert guidance and support to manage your property portfolio effectively.
We help you to streamline your investment processes, safeguard against potential liabilities, and gain maximum returns by capitalizing on market trends and opportunities.
Managing the intricacies of accounting, tracking prepaid rental payments, reconciling loans and interest payments, accounting for capital accounts and owners’ finance allocations, common area maintenance (CAM) reconciliations, and calculating agent commissions can be overwhelming. The good news? We designed our financial solutions to meet your specific needs. Plus, we provide transparent and accurate accounting reporting, empowering you to make informed investment decisions.
Fostering positive relationships with tenants and ensuring tenant satisfaction is a vital part of property management. Our real estate management solutions partner, REMS, provides expert guidance in tenant relations, ensuring you have the tools and knowledge to manage and resolve tenant issues and minimize tenant turnover. Their services include solutions for application processing, accounting, and maintenance management.
Leverage the power of a well-designed property management system. Our team of experts will assess your current practices, recommend personalized solutions, and assist with system customization and integration. We provide comprehensive training, ongoing support, data migration and cleanup assistance.
Expanding your property portfolio can contribute significantly to your financial success and wealth-building goals. However, the challenge often lies in affording and financing multiple properties. It can get overwhelming from there, so take a step back and examine your financial position. Look for areas where you can save. Reallocate budgets, cut costs, take advantage of tax credits and deductions – we guarantee you’ll find something!
Our team will help you evaluate your assets, income, and existing debts to provide a clear picture of your financial capabilities. This assessment serves as the foundation for developing a strategy that aligns with your financial goals.
We’re here to help you unlock tax-saving opportunities that make the dream of owning more properties a reality. Our team of experts specializes in real estate tax planning and can guide you through the maze of regulations and strategies.
By identifying and reclassifying components of your property, you can accelerate depreciation deductions, resulting in significant tax savings.
By deferring capital gains taxes on the sale of a property, you can reinvest the proceeds into like-kind properties, allowing you to multiply your real estate holdings without incurring immediate tax liabilities.
Correctly categorizing and documenting deductible expenses, such as mortgage interest, property taxes, repairs, and maintenance costs, can significantly reduce your taxable rental income. This can increase affordability, as you will have less tax liability to pay. Our expert guidance ensures you maximize your deductions so that you can keep more of your hard-earned money. In addition, we will help you maximize your investment potential. We will work with you to develop a rental strategy that meets your specific goals and objectives.
The 179D tax deduction rewards real estate investors who make qualified energy-efficient improvements to their commercial properties.
By living in one unit and renting out the others, you can take advantage of tax deductions for mortgage interest, property taxes, and operating expenses while generating rental income.
Secure your business's future with expert succession planning from MBE CPAs. Explore strategies for leadership continuity, risk mitigation, and increased business valuation.
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On December 3, 2024, a federal district court in the state of Texas has issued a nationwide injunction against the enforcement of the Corporate Transparency Act and its Beneficial Ownership Information (BOI) reporting requirement labeling it as “unconstitutional” (Texas Top Cop Shop v. Garland). At this moment, fines and penalties are not enforceable for not completing the BOI filing by the initial 1/1/25 deadline and reporting companies need not comply with the deadline until further order of the court. On December 5, 2024, the U.S. government filed an appeal against the preliminary injunction. It is still encouraged to file the BOI reports, or at a minimum, be ready to file at a moment’s notice. If the injunction is overturned, reporting companies will still need to file the BOI reports to stay in compliance and avoid penalties. If you have already completed your BOI filing, you are viewed as being in good standing with the Financial Crime Enforcement Network (FinCEN). We will update you with more information from the court case when it is provided.