The Real Estate Advisory newsletter is primary designed for those working in real estate development and management companies, however it can be a resource for construction, architecture and engineering professionals. The articles focus on business management, tax planning, technology, profitability enhancement, change orders, fraud prevention, and more.
Articles for April 2018
Are you in compliance with the new partnership audit rules?
Many real estate–related businesses are formed as partnerships, making them subject to the regulations for partnership audits under the Bipartisan Budget Act of 2015 (BBA). The proposed regulations — which significantly change the previous rules regarding partnership audits and liability for any resulting adjustments — take effect for taxable years beginning after December 31, 2017.