Real Estate Investment & Development        Financial Consulting & Tax Services

 The Tax Warriors® at Drucker & Scaccetti work closely with a wide range of residential and commercial real estate owners, developers, construction companies, planners and property managers to provide powerful tax and financial planning solutions. With that dedicated, industry-specific service in mind, we have compiled a comprehensive arsenal of tools, resources and services to assist businesses and individuals alike with their real estate taxation and financial planning needs.


D&S Real Estate Ownership & Development Financial Consulting & Tax Services:

  • Real estate and partnership tax planning and business consulting
  • Entity structuring to provide tax efficiency and asset protection
  • Determination of state & local tax impact of alternative structures
  • Recommendations to counsel on improving proposed or existing partnership agreements
  • Selection of accounting methods to maximize depreciation from acquired properties
  • Debt restructuring and deferral of debt discharged income
  • Development of real estate exit strategies including use of REIT’s and related REIT tax compliance
  • Tax consulting related to loan defeasance costs 
  • Determination of optimum tax accounting methods for lot development and subdivision
  • Planning for charitable donations of real estate
  • Estate planning for intergenerational families wishing to transfer wealth associated with their real estate assets
  • Consulting with foreign investors who are investing in U.S. real property and U.S. taxpayers who are investing in foreign real property
  • Recommendation of allocation strategies for both the purchase and sale of properties
  • Assistance with management and ownership transition issues
  • Evaluation of real estate investment opportunities
  • Development of income deferral strategies for condominium developers
  • And much more…

RESOURCES

From the Tax Warrior Chronicles:

IRS Gives Clarity to Real Estate Developers, But Questions Remain 6/22/16

Philadelphia Tax on Short-Term Rentals - The DNC is Coming to Town 6/8/16

IRS Reversal on "Bad Boy Guarantees" and Impact on Nonrecourse Loans 4/28/16

U.S. Real Estate Market Targeted for Money Laundering 2/1/16

Tax Court Says "Show Me the Money" for Qualified Residence Interest 12/22/15

Tangible Property Expensing Threshold Raised for Small Businesses 12/1/15

Making the Best Use of a Vacation Home Under Today's Rules Part II 9/10/15

Greater Debt Limit Applies to Unmarried Property Owners for Mortgage Interest Deduction 8/24/15

Early Withdrawl Penalty Applied to 401(k) Distribution Used to Prevent Foreclosure 8/17/15 

Making th Best Use of a Vacation Home Under Today's Rules Part I 7/30/15

Papal Visit Inspires Expanded Philly Tax on Short-Term Rentals 7/20/15

Appellate Court Affirms Bonus Payments as Odinary Income 7/16/15

Taxpayer Materially Participated in Related Real Estate Enterprises: Large Loss Allowed 6/29/15

Tax Implications of Renting Your Second Home 3-9-15

Relief from Tangible Property Regulations...Should You Take The Bait? 3-3-15

Separate-Filing WIfe Can't Use Husband's Activities to Escape PAL Rules 1-26-15

REIT Conversions Growing - Could Your Business Qualify? 11/10/14

Non-resident Partners Liable for PA Tax on Foreclosure 10-9-14 

Mortgage Interest - Personal vs. Business Expense - 9-11-14

Real Estate Developer Can't Use Completed Contract Method 6-3-14

Home is Where Your Heart is...But Not Necessarily Your House - 5-22-14

Sale of Land Results in Ordinary Income for Developer - 4-9-14

Excluding Gains on the Sale of Your Principal Residence - 4-7-14

Regs Make it Harder to Defer Tax on Compensatory Property Transfers - 3-3-14

What Every REIT Should Know About Taxable REIT Subsidiaries - 2-17-14

IRS Issues Long-Awaited Final Tangible Property Regulations - 9-30-13

"Real Estate Professional" - Rental Reals State Losses - 9-13-13

Tax Court Denies Like-Kind Exchanges of Real Property for Fee Interests - 8-2-13

Taking the "Real Estate" Out of REITs for Tax Purposes - 4-30-13 

Primer - Philadelphia Real Estate Taxes & Actual Value Initiative - 3-11-13

Refund Opportunity for PA or Philadelphia Real Estate Transfer Tax Payers - 2-14-13

 

From Other Sources:

Real Estate Tax Center - IRS

7 Key Rules About 1031 Exhchanges--Before They're Repealed - Forbes 3-10-14

3 Often Overlooked Real Estate Tax Breaks - Forbes 2-27-14

Guidance Regarding Deduction and Capitalization of Expenditures Related to Tangible Property - IRS 9-19-13


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