Real Estate Practice

Combining advanced technical skills and industry knowledge with a strong commitment to serving our real estate clients.

The professionals at Armao, Costa & Ricciardi remain current on industry trends and regulations to assist our real estate clients in anticipating and quickly responding to industry, economic and regulatory changes. We work with owners, agents, brokers, developers and investors to minimize taxes, protect assets from creditors and facilitate family estate planning.

We assist real estate industry professionals to better meet their tax and accounting needs by developing individualized services that address their industry-specific challenges, compliance matters and standard tax practices. Our real estate accounting services are designed to help resolve issues presented during acquisition, development, holding and selling phases by providing sophisticated income and tax minimization strategies and services.

For both commercial and residential clients, our services include:

  • 1031 exchanges of "like-kind" investment property
  • Accounting and bookkeeping
  • Budgeting and cash flow projections
  • Business entity structuring
  • Cash flow analysis and forecasts
  • Cost segregation studies
  • Debt restructuring and financing
  • Federal and state tax credit programs
  • Green energy tax credits
  • HUD reporting and cost certifications 
  • Passive activity deductions
  • Strategic tax planning and compliance
  • Tax deferral transactions