The challenges facing the real estate industry are complex and always changing, which is why your business needs a financial partner with extensive knowledge and experience in the field. At Mowery & Schoenfeld, we stay on top of the latest regulations and trends to give you accounting, tax, and consulting services tailored to your needs. From ensuring financial stability to optimizing tax strategies, our experts are dedicated to supporting your success at every stage.
Real Estate
Commercial Real Estate Accounting Services from the Top Real Estate Accounting Firm in Chicago
Real estate-focused accounting, tax, and consulting
Is a Cost Segregation Study Right For You?
If you own commercial real estate, you are likely familiar with the traditional 39-year cost recovery period the IRS assigns to such property. A cost segregation tax study is an IRS-approved method that breaks down the components of a commercial or income-producing property for accelerated depreciation. Completing a cost segregation study, may allow you to depreciated certain assets more quickly, over 5, 7, or 15 years. This allows property owners to significantly reduce their current tax liability and improve cash flow.
Expert Real Estate Accountants to Help You Reduce Risk & Make Better Business Decisions
Mowery & Schoenfeld understands the challenges and risks of the volatile real estate industry. We’ve served many clients in the field, and we draw from our extensive experience to help you understand and address your challenges and risks so you can be more profitable.
At Mowery & Schoenfeld, we approach your accounting, tax, and consulting needs with the same entrepreneurial spirit that defines the real estate business. When you work with us, our advisors bring years of experience working with real estate clients as well as the same proactive approach that leads to success.
Serving the Real Estate Industry with Expert Accounting, Tax, & Consulting Services
You can depend on our advisors to give real estate-specific guidance, taking into account the industry’s legislation and trends. We provide the following services to our real estate clients:
- Audit, review and compilation
- Cash flow analysis and internal accounting procedures
- Tax return preparation, planning, projections and advisory services
- Financial assistance and statement preparation
- Entity structuring
- Deal advisory services
- Transaction structuring and planning
- Acquisition due diligence
- Property valuations
- Budgeting and forecasting
- Strategic planning
- Insurance consulting
- Wealth preservation and estate planning
- Individual tax service for stakeholders
- Succession planning
- Employee benefit, pension and compensation plan consulting
- Due diligence