Real estate funds with an environmental, social and corporate governance continue to attract institutional investors with ESG mandates.
Real estate funds with an environmental, social and corporate governance continue to attract institutional investors with ESG mandates.
What is the right succession plan? For many in the construction industry, the answer is often found in the employee stock ownership plan.
The basis reduction following a discharge of qualified real property business indebtedness (QRBPI) may take place in the year of discharge.
Guidance provides procedures to implement the retroactive 30-year ADS recovery period for residential rental property.
Partnerships making certain narrow, and specified changes, may not need to file administrative adjustment requests.
RSM US LLP real estate professionals discuss the future of tax and technology automation, and how it can help real estate firms.
Learn more about how a taxable REIT subsidiary was created to perform activities that cannot be performed directly by the REIT.
Proposals include a $500,000 cap on gain deferral for like-kind exchanges and eliminating stepped-up basis with a $1 million exemption.
Everything from lumber to asphalt to cement to insulation has soared in price as the homebuilding industry has heated up.
Summary of the American Families Plan and the potential impact that it could have on the real estate industry.
By investing in back-end technologies, real estate funds can drive higher returns for investors, and evaluate deals faster than competitors.
Construction firms forced to reduce or cancel operations by jurisdictional order may meet employee retention credit eligibility requirements
Investors need to slow down enough to get their arms around the potential tax ramifications of any real estate acquisition.
Near term, headlines for REITs may remain challenging, especially as pandemic recovery efforts ebb and flow. Learn more.
Real estate investors must ensure they can create something out of a distressed real estate asset once they own it.
With a focus on ESG initiatives, real estate investors should consider C-PACE, a public-private financing option.
While sponsors may rightfully be focused on sourcing deals and raising capital, they should not overlook the impact of tax incentives.
Despite receipt of PPP loans, hospitality businesses may be eligible for retroactive 2020 and new 2021 credits.
RSM identifies five strategies, beyond cost-cutting, for hotel owners and operators to survive the COVID-19-induced downturn.
By investing too early in a distressed asset, you may end up overpaying. Too late, and the attractive investments may have been snapped up.
Middle market funds can bring in more equity by offering more favorable terms to LPs, but may be better off with investors who trust them.
Low interest rates provide an opportunity for real estate investors to access low-cost capital and make long-term strategic investments.
Effective Jan. 1, 2021, the long-standing terminating business gain exclusion for unincorporated business tax purposes is eliminated.
Middle market funds can bring in more equity by offering more favorable terms to LPs, but may be better off with investors they trust.
The market for distressed commercial real estate assets and debt is forming. Discover how real estate funds can stay competitive.
Despite their competitive tax advantage, REITs are subject to a complex set of compliance rules which include quarterly asset tests.
Disaster relief may provide liquidity for individuals and businesses located in areas affected by presidentially declared disasters.
Revenue procedure allows treatment of qualified residential living facility operations as a section 163(j) real property trade or business.
The package provides additional funding for the Paycheck Protection Program and allows certain borrowers to draw second round of PPP funding
Technology is serving as a catalyst to reshape the economy and the construction industry is not immune to this digital transformation.
Real estate investors are ready to close the books on 2020. Here are 10 smart moves for real estate investors to consider at year’s end.
RSM and PERE magazine discuss how technology is transforming real estate investors’ abilities to scenario plan and evaluate tax obligations.
The final regulations broaden the definition of real property compared to the more restrictive definition in the proposed regulations.
Based on Biden’s campaign platform, long-term capital gains, currently taxed at 20%, would be taxed at ordinary income rates.
What happens to the perception of hotel valuation and how does meaningful deal flow? RSM’s article for Hotel Executive explores the answer.
Final section 864(c)(8) regulations clarify rules for foreign partners with ECI from transfers of partnership interests.
Discover opportunities and hear the impact COVID-19 has afforded the construction industry in terms of recruiting and retention.
Explore technology platforms and automation opportunities that contractors are taking advantage of throughout the construction lifecycle.
The Eleventh Circuit determined that reserved rights for homesites did not violate section 170(h)(2) charitable contribution rules.
For middle market companies, ESG’s growing importance highlights the need to incorporate those practices into their business strategy.
This session will cover the modernization and digitization the construction industry is experiencing, with a focus on ERP technologies.
Automation is making its way into the construction industry. As competition increases, contractors must adapt to new technologies.
With the election approaching, RSM is looking at the economic stakes and the key issues for various industries.
The construction industry is experiencing rapid transformation. Join RSM as we examine the current and future state of the industry.
Forgiving commercial real estate debt brings tax implications: RSM tax professionals are working on solutions.
RSM is pleased to offer a three-part webcast series exploring how family offices can take a holistic approach to technology ecosystems.
Join RSM’s six-part series of on-demand webcasts covering workforce, risk and digital transformation for construction.
RSM discusses the increasing demand for regulatory compliance by investors in real estate funds in a new report from PERE.
Given that the pandemic has forced closures of many U.S. hotels, occupancy rates are not providing the full picture of distress.
As the coronavirus pandemic continues to wreak havoc, real estate deals are at best being reworked and at worst falling apart altogether.
IRS releases a statement announcing that the application period for the CAP program is now open to qualifying corporations for 2021.
The student housing sector, once a beacon of stability, is now vulnerable to COVID-19 as universities rethink their plans.
As construction companies continue to deal with the fallout from COVID-19, they should look toward technology to help grow their operations.
RSM speaks with InnFACT Advisors about what the hotel market looks like in the current pandemic environment. Read the interview here.
This webcast will discuss carried interest regulations and what the proposed rules mean for investment fund managers.
Reopening risks weighed on midstream energy performance and relatively attractive yields benefited real estate.
This Alert summarizes impacts of the recently-issued interest deduction limitation guidance on the real estate industry.
As cities slowly awaken from COVID-19 lockdowns regions that rely on auto travel are leading the nascent recovery in the hospitality sector.
Taxpayers often struggle to quantify participation for the passive activity rules. A recent court decision may affect those calculations.
For fund managers and investors alike, the pandemic presents short-term challenges, long-term opportunities, and lessons to be learned.
Notice 2020-59 proposes a revenue procedure clarifying real property trade or business elections for residential living facilities.
Join RSM on this webcast as we discuss the current hospitality landscape and key considerations for owners and operators.
From industrial to office and retail to hotels, RSM and Preqin discuss how COVID-19 is leaving its mark on property.
RSM is pleased to provide a series of webcast discussions that will drill into the operational planning perspective family offices now face.
The new proposed regulations clarify what constitutes ‘real property’ for purposes of section 1031 to help implement changes in TCJA.
The recent IRS Notice provides relief in the form of flexibility for investment timing and testing periods for QOFs and their investors.
The IRS released proposed regulations that clarify five-year rehabilitation credit period created by the Tax Cuts and Jobs Act.
A recent IRS private letter ruling granted an extension of time for the required certification of a Qualified Opportunity Fund.
Employers should use the updated Form 941 to properly report new CARES Act and FFCRA credits beginning in the second quarter of 2020.
Notice 2020-32 disallows deductions for expenses paid with loan proceeds from the PPP when loan forgiveness occurs.
The CARES Act adds to the complexity of state tax conformity to qualified improvement property. Learn how states approach the issue.
The Coronavirus Aid, Relief and Economic Security Act has led to significant tax changes and relief for real estate owners and operators.
The ability to revoke elections and file amended returns means partnership may have more than one option to benefit from CARES Act.
Procedures provide guidance for the retroactive expensing of qualified improvement property and reconsidering of elections.
Industry groups are requesting clarification of the deadlines as extended by Notice 2020-23, which appears to offer a limited time frame.
RSM and Preqin discuss environment social governance and the impact it has on the decision-making process for real estate investment.
Provides more time to elect out of 163(j) interest deduction limitation for taxpayers with certain real property or farming businesses.
Easing some of the industry’s widespread financial pressures from a state and local tax perspective may increase cash flow.
The IRS provided long-awaited guidance for taxpayers anxious to take advantage of the NOL provisions in the CARES Act.
Recent guidance extends certain deadlines for LIHTC, WOTC, and Historic Rehabilitation tax credits because of COVID-19.
Recent guidance provides that certain deadlines, including the allowable time to invest in a QOF, are now extended because of COVID-19.
The IRS issued guidance extending the time for taxpayers to file certain Form 3115s and Form 1128s to July 15, 2020.
Notice 2020-23 extends deadlines for like-kind exchanges under section 1031 and involuntary conversion replacements under section 1033.
The U.S. travel industry is expected to see a 75% revenue drop over the next two months alone, according to one economic report.
Immediate and retroactive expensing of qualified improvement property creates tax saving opportunities for taxpayers.
As the human and economic toll of the Coronavirus mounts, the real estate industry is wondering where it can safely place its bets.
ESG considerations will become all the more vital in the coming years for all types of real estate and construction companies.
HR challenges in the construction industry come down to three resource constraints—a lack of people, processes and technology.
If your company owns or leases energy-efficient commercial buildings, you may be eligible for a deduction for associated property costs.
QOZ funds, operating businesses and private investors should understand the practical application of the final QOZ regulations.
RSM and Preqin discuss the impact of volatility, technology and generational change in the United States on real estate.
The final Qualified Opportunity Zone regulations include several taxpayer favorable improvements over the proposed regulations.
In the rush to take advantage of the qualified opportunity zones program, taxpayers may overlook the benefits of state and local tax credits
An update on the tax and accounting developments, macroeconomic outlook, trends and policies affecting the real estate industry.
As the end of the current business cycle approaches, real estate investors face increasing risks. Here are year-end resolutions for 2019.
What companies should be doing to prepare for 2020 with accounting, leasing and tax changes and preparing for a potential work slow down.
Puerto Rico has enacted new legislation to provide additional tax benefits for investing in projects in PR opportunity zones.
RSM asks Shilpa Dulani, director of foreign operations and financial reporting at real estate firm, A&E, about the firm’s use of technology.
The opportunity zone program has opened the door for real estate funds to invest in impact investment and passion projects
Many contractors are not adequately preparing for yet another accounting change coming their way, known as ASC 842.
Investors are starting to make noise around opportunity zone businesses that offer many of the same tax savings as real estate.
From big data to AI, a wave of emerging technological innovations is reimagining operations throughout the real estate industry.
Real estate funds considering setting up a real estate investment trust should also consider the impact of a REIT on taxable investors.
Real estate investment trusts can provide numerous benefits to a variety of investors looking to invest in real estate, but there rules.
Laura Dietzel discusses the remarkable rise of innovations in automation that are affecting real estate data management with Privcap.
In this video segment, RSM discusses how asset flexibility is crucial when investing in the real estate of changing cities.
In this video segment, RSM explores how next generation physical retail real estate is here to stay in US rising cities.
In this video segment, RSM discusses how the stability of secondary cities is under-appreciated by real estate institutional investors.
Discover the real estate investment opportunity beyond America's gateway cities, featuring video and insights from Privcap and RSM.
In this video segment, RSM discusses how institutional real estate investors are looking for opportunities in rising cities.
Real estate businesses across the US economy are looking to technological innovation to stay ahead of the competition.
As the construction industry continues to see labor shortages, strategies for attracting and retaining employees become paramount.
As real estate private equity faces headwinds in major markets, mid-market shops look elsewhere, including the Midwest.
RSM and Preqin cover the key sectors in real estate right now, Opportunity Zones and attractive opportunities for US investors.
Real estate professionals continue to face confusion over the consolidation of real estate project entities and joint ventures.
The second round of Qualified Opportunity Zone regulations may spur taxpayer confidence and financial implications will drive investment.
Automation is quickly making its way into the construction industry, but the use of robot process automation extends beyond work sites.
Learn how applying data analytics to retail restructurings can provide insights to aid in making critical operating decisions.
Exploring ways to incorporate qualified opportunity fund investments into your overall estate and gift tax plan.
Skepticism regarding artificial intelligence is understandable, but it’s often based on a misunderstanding of what AI really is.
Varied taxable income can lead to fluctuations in the real estate life cycle. Minimize exposure to phantom income with these considerations.
Cyberthreats are shifting toward real estate firms; many firms have already taken steps to protect transactions, data and privacy.
For middle market real estate private equity firms, there are still opportunities to be found, if they know where to look for them.
Explore the prohibited transaction tax safe harbor rules and identify several disposition options that could help a REIT avoid such tax.
Specially designated districts designed to fuel economic growth where development has been stagnant offer investors tax-saving options.
The new revenue guidance has cleared the way for businesses and investors to invest in opportunity zones and drive economic growth.
The new Qualified Opportunity Zone regulations answer many questions that favor taxpayers, though some questions remain.
The field of environmental, social and corporate governance is aiming to help companies use capital more responsibly.
The rule’s impact reveals widespread consequences not only for lessees, but for landlords and real estate investors as well.
In a tight labor market, robotic process automation can boost the efficiency of the commercial real estate workforce.
Learn how to avoid or correct the five common mistakes contractors make when managing their construction budgets.
To make opportunity zone projects as financially viable, developers need to consider state and local tax credits beyond QOZ incentives.
RSM partner Troy Merkel discusses qualified opportunity zones and their tax benefits with RealCrowd’s CEO Adam Hooper.
Opportunity zones could be beneficial for both commercial real estate professionals and the communities they invest in.
Highlights summarizing why contractors that have entered into primarily operating leases will be most affected by the new lease guidance.
Companies may be able to realize additional tax savings through state tax credits and other incentive programs.
The proposed regulations address many concerns around qualified opportunity zones but questions remain to be addressed in further guidance.
The Tax Cuts and Jobs Act of 2017 established opportunity zones to encourage long-term investments in low-income communities nationwide.
For real estate investors and businesses, the final tax reform bill makes several significant changes compared to prior law.
The right business valuation can assist in facilitating a variety of business decisions for the construction industry.
Real Estate Roundtable’s Tax Policy Advisory Committee suggests liberalizations and clarifications to proposed regulations.
This article highlights the difference between maintaining accounting records on tax rather than a GAAP basis.
Numerous innovations have benefitted the construction industry, yet nothing has had as profound an effect as information technology.
Opportunity zones incentivize real estate developers to build in low-income communities to spur economic development and job growth.
Join RSM on Sept. 11 as we share our insights on how the new revenue recognition standard (ASC 606) affects the real estate industry.
Global investors in U.S. real estate need to consider how their investment structure can affect income taxes and reporting requirements.
Learn how blockchain has become an attractive alternative to traditional real estate investment within the commercial real estate industry.
It's no secret that cybercrime is costly. RSM discusses how middle market companies, such as construction contractors, are most vulnerable.
What’s the early impact of tariffs? Commentary on economic conditions reveals evidence of rising input costs and general trade anxiety.
The following is a list of frequently asked questions and answers about how the new tax law will impact real estate investors.
As tenant preferences change, office space is evolving. Here are five ways tenant preferences are shaping the modern office.
At a crossroads, a construction company needed help finding strategic advantages in technology that would lead to enhanced operations.
The number of data breaches has grown in the last few years, but many executives remain unduly confident in their data security measures.
A comprehensive white paper about how construction contractors are affected by the new revenue recognition guidance in ASC 606.
A portfolio management strategy can unlock the value of government real estate holdings, providing growth focus, analytics and more.
HR in construction companies is highly transactional and the volume of these transactions can open the door for mistakes or oversights.
According to recent data, the construction industry’s investment in capital equipment is going to steadily increase.
Apprenticeship programs are gaining popularity among employers and potential employees. Read about developing the workforce of the future.
As REITs continue to grow in popularity, so does the need for an advisor who understands REIT tax due diligence.
The construction industry could face a labor shortage in a few years. What can contractors do to attract more workers to the industry?
A further look into two ownership tests that present issues for any investor considering a REIT for their real estate investments.
As retail real estate evolves and adapts to a new competitive landscape, so do the criteria used for assessing property values.
As American businesses continue digging out from devastating hurricanes, many company owners are exploring business interruption insurance.
Income testing is a vital aspect of compliance for real estate investment trusts. Learn more about the two types of income tests.
Some construction companies are offering phantom stock options instead of ESOP in order to retain their top talent.
E-commerce’s explosive growth has diverted revenue from physical retailers, causing retail property valuations and tenant mixes to adjust.
While all leases will need to be considered under the new lease guidance, there are signiﬁcant ramiﬁcations to leases involving real estate.
Join RSM’s Cyndi Mergele for a discussion on HR mistakes that can potentially cost construction companies thousands of dollars.
Cyber thieves have a name for a firm that mistakes prevention for comprehensive threat planning – a “hacker snack.” Learn more.
A real estate venture was profitable for years. But when one partner looked closely, the project seemed less successful than it appeared.
Although not appropriate for every construction company, an ESOP carries several inherent advantages and is growing in popularity.
Unprecedented enrollment and demand for luxe accommodations have stimulated the student housing asset class. RSM weighs in.
With the enactment of the Bipartisan Budget Act of 2015, the private capital industry should expect major changes to the way the IRS audits.
With a strong economy at their disposal, baby boomers who own construction companies are increasingly looking for ways to either sell their
Digital transformation in the commercial real estate industry is immediately necessary, temporarily challenging and ultimately rewarding
Fully-depreciated fixed assets can haunt your property taxes for years. Identify and fully dispense ghost assets to avoid excess taxation.
The way that companies recognize revenue will soon change and it is time for construction companies to start planning to be in compliance.
Understanding the unique terms of each lease can result in realizing the full profit potential of the property.
When entering the U.S. tax system through investment or relocation, a nonresident faces unique tax reporting and filing obligations.
Final regs update some categories of subpart F income, treatment of foreign-held U.S. property in transactions that involve partnerships.
There are a number of steps construction companies can take to help avoid unintended losses resulting from error or outright fraud.
Thin profit margins demand that management take steps to prevent occupational fraud. To ignore the issue can be expensive.
RSM industry leaders share insights on how the evolving retail landscape is affecting the real estate industry.
The form simply provides assurance to the appropriate agencies that newly hired workers hold citizenship or work-authorization documents.
IRS issued Notice 2017-10, designating syndicated conservation easements as a listed transaction requiring disclosure.
Benchmarking operations against industry averages allows contractors to assess where they are—and where they may need to go.
Taxpayers should not assume that simply working in real estate satisfies the tests to qualify as a real estate professional.
Fractions rule compliant structures may be more appealing to real estate fund managers and qualified tax-exempt investors.
Real estate investment trusts (REITs) must adhere to both quarterly asset tests and annual income tests, amongst a host of other administrative ...
USDA Rural Development report states $5.6 billion in additional investment needed to preserve rural multi-family housing.
These final regulations defining real property for REITs are effective for tax years beginning after Aug. 31, 2016.
RSM’s resolution of a $5 million dispute led to a lasting relationship across one of the world’s largest real estate company’s portfolio.
Construction companies can use technology to improve collaboration and reap the rewards of a more connected and mobile project environment.
The Protecting Americans from Tax Hikes Act of 2015 codifies some significant provisions affecting REITs and foreign investments.
IRS concluded in a recent ruling that certain loan terms, so-called ‘bad boy’ provisions, may impact partners’ ability to deduct losses.
It’s critical that joint venture partners evaluate drivers of economic and financial performance at each project stage.
This webcast will walk through the latest technologies, their impact and considerations to optimize your job site performance.
Income derived from certain hedges is excluded from the REITs income tests while income derived from others is included as bad REIT income.
Check processes and systems now to avoid these nondeductible costs.
This article examines several accounting and tax issues related to commercial condominium management associations.
RSM client servers assist a large private equity industrial real estate company in their preparation to go public.
Owners need to be aware of the various ways this insurance can be used as a hidden source of revenue. Learn more here.
The California Franchise Tax Board recently introduced a new annual filing requirement to track deferred section 1031 gain from California property.
RSM provides responsive internal audit services for a REIT, with greater visibility into risks and the control environment.
Proper classification of holding real estate as a dealer versus as an investor has important tax ramifications for taxpayers.
A detailed analysis is required to identify the often-overlooked research credit opportunities in the engineering and construction industries.
RSM implements cloud-based NetSuite solution for Lakeside Capital, enhancing flexibility, access and reporting speed
Firm to provide real property sales and support services to the GSA Public Buildings Service Office of Real Property Utilization & Disposal.
The IRS ruled bonuses were not deductible until the year paid taxpayer had the ability to modify or rescind the bonuses until payment.
Under the facts of CCA 201123001, the taxpayer operated three business segments. One provided full-service leasing and contract maintenance.
...McGladrey and The Corvus Group Complete Due Diligence on Commercial Real Estate Securitization Portfolio June 15, 2011 CHICAGO, IL — RSM...
The financial reporting resource center - leases, provides insightful knowledge on matters related to leasing.
Losses due to fraud in the construction industry are significant. But there are practices that can help with prevention and early detection.
Some financing entities entered into various residential mortgage loan purchase programs. Gain accounting insight about these programs.
To receive the maximum tax benefit from investment in qualified opportunity zones, real estate investors must understand the options.
This financial reporting resource center contains articles and related insights on accounting topics relevant to the real estate industry.
AMC Delancey Group, a private real estate investor, has a portfolio of multi-family, office, retail, industrial, hospitality and land.
REITs are becoming increasingly popular, but along with many valuable benefits come strict compliance rules that must be considered.
In recent years, the IRS has significantly increased efforts to enforce international tax reporting and withholding obligations.
The final tangible property regulations offer clarity, yet compliance can be complicated. They may be beneficial for some taxpayers, but not for all.
From acquisition to divestiture, effective tax planning and compliance contribute to the value of your real estate holdings.
There are certain opportunities for favorable capital gain treatment in phased real estate development projects.
From financial statement audits, reviews and compilations to statutory audits/filings, our services meet the needs of real estate entities.
Joe Adams, CEO of RSM US LLP, discusses safety and flexibility with Brian Murray, CEO of Minnesota-based Ryan Companies.
Learn about the impact environmental, social and governance (ESG) practices are having on today's middle market.
From accounting and tax to technology and risk, this bi-monthly publication delivers the latest news shaping the construction industry.
Construction firms should consider how the creation of a distinctive employer-of-choice brand can help retain a strong workforce.
From suburban migration to the impact of e-commerce, retail is rife with change and opportunity for ready to pivot and meet evolving demand.
In this video series leading professionals discuss how sourcing and underwriting real estate deals has changed in the wake of the crisis.
The hospitality sector is going to extraordinary lengths to target and attract millennials, but will those efforts succeed in the long term?
This three-part video discussion highlights the realities of undertaking real estate repositioning strategies.
RSM industry leaders share insights on how retailers must re-envision the traditional store to meet customer needs, and stay profitable too.
From accounting and tax to technology and risk, this bi-monthly publication delivers the latest news shaping institutional real estate.
RSM’s monthly Construction Indicators Report provides a snapshot of demand levels for residential and nonresidential construction.
From cyber-crimes to operational due diligence, investors must be aware of emerging risks in a market that grows more uncertain by the day.
Operating fundamentals are key to profits in the hospitality sector, but recapitalizations may provide more transaction activity.
In this video series, leading professionals discuss the five key factors driving today's hospitality sector and fundamentals to look for.
A real estate client receives ideal balance of industry knowledge and multidisciplined valuation expertise. Learn more in this case study.
Hear insights on the new QOZ guidelines with significant considerations for real estate firms, operating companies and individual investors.
Subscribe to Life Sciences Insights, our new bimonthly publication for life sciences industry clients and contacts.
Read our case studies to learn how RSM has helped various real estate focused organizations navigate the complex real estate industry.
Scrutinize contracts and scope documents to ensure accurate cost accounting and avoid over payments.
Manage the soft costs as well as the hard costs to develop an accurate project forecast and cash flow projections.
There have been profound behavioral shifts in consumer spending recently, especially within the real estate industry.
Managing the finance, operations and performance of a real estate fund has become more challenging today than ever before.
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