Our professionals regularly perform partnership and employee benefit plan audits covering public and private companies across all segments of the real estate industry.

Since many of our real estate partnership clients are flow-through entities, we act as a line of defense against tax errors that may not otherwise be caught at the corporate level, while optimizing tax benefits and advantages tailored to your transaction or transformation.

We advise a number of real estate clients on the below services as we understand the importance of planning for financial growth, protection of your assets, reduction of debt, fund diversification, and responsible cash management.

• Cash flow management
• Developing debt management strategies
• Transaction planning
• Qualified plans designed to ease tax burden
• Investment diversification

The Whitley Penn fund administration team has in-depth experience with real estate funds, including both REIT and Non-REIT entities. Our group understands the intricacies of real estate investments in a private equity fund and delivers actionable solutions to provide investors with information. We create fund financial statements, prepare investor reporting, and consult on complicated calculations like the distribution waterfall allocation. Outsourcing your fund administration work allows your internal team to focus on real estate investment management and fund value creation.

We advise a number of REIT clients with assets of up to $1 billion on everyday operating issues, from public reporting compliance to tax counsel, helping them conform to all IRS regulations on qualification and structuring of transactions while ensuring that they remain competitive.

We deliver sophisticated solutions for complex commercial real-estate tax challenges in structuring like-kind exchanges, tax-efficient real estate transactions, and tax-free reorganizations, giving the most tax-favorable capital gains treatment while maximizing advantages from amortization, depreciation and borrowing costs.