Experts in Real Estate Accounting

Real estate accounting is a multifaceted industry that requires detailed record keeping and reporting, all the while working with the ups and downs of the market. At The Hechtman Group LLC, we understand that tax laws, regulatory and IRS requirements for real estate are vastly different from other financial services. Rich in industry experience, our CPAs and accountants are focused on creating best practice opportunities for long-term growth.

real estate services

Our client base includes architects, developers and builders, brokerage and construction firms, property owners, managers, and investors for commercial and residential properties. Let our team of experts guide you through the complexities of real estate accounting in these areas:

Looking for a specialist? Read more about our work as a real estate CPA in Chicago, or see how cost segregation can accelerate depreciation on property you already own.

Financial Reporting

  • Analyzing cash flow
  • Depreciation deductions
  • Property tax abatements
  • Infrastructure improvements
  • Local, state and federal tax compliance
  • Tax planning strategies
  • Enterprise zone tax credits

Planning for Dispositions

  • 1031 exchanges
  • Refinancing and disposition of distressed property
  • Bankruptcy, insolvency, and work out solutions

Acquisition Analysis

  • Due diligence for real estate acquisition

Energy Efficient Credits and Deductions

  • Green Energy tax credit referrals

Tax Planning and Compliance

TESTIMONIALS

Marc Ginsburg

The Hechtman Group LLC is knowledgeable, resourceful, and most importantly, proactive. I look to them not just for doing taxes, but providing tax planning and business advice as well. They are professional and personable, making them a pleasure to deal with.

Marc Ginsburg
GEM Solutions, Inc.

Mike Golden

We want good thinking partners who offer ideas that advance growth, increase profits and enable us to overachieve. The relationship with THG is a good fit for us.

Mike Golden
@properties

Jim and his team are extraordinary.

I hired the Hechtman group before I really even had a company. I knew, from day one, that I wanted to be buttoned up on every dimension. Jim and his team are extraordinary – they’re like catnip for an entrepreneur. They handle everything – from finance to accounting to payroll and reporting and even benefits administration – so I can focus on the things that create value for my company. My clients, and my team. I 100% recommend The Hechtman Group – the smartest partner a start-up can have.

Marc Landsberg
Founder and CEO, SOCIALDEVIANT

Jim and his team understand entrepreneurial firms.

As our company has gone from a start up to a Crain’s Fast 50 enterprise, The Hechtman Group has been there every step of the way advising and assisting us on both our service companies and our real estate holdings. Jim and his team understand how to work with entrepreneurial firms like ours and always go an extra step to make sure we get what we need in tax advice and planning.

Thomas M. Bretz
Co-Founder/Principal, Elmdale Partners, LLC.

The Hechtman Group has been my trusted source of tax-related guidance for over a decade.

The Hechtman Group has been my trusted source of tax-related guidance for over a decade. In addition to the core tax prep services work that THG has provided optimally, Jim, Karin, and team have gone beyond expectations to provide planning solutions that go far beyond the scope of tax. As the complexities have grown, The Hechtman Group continues to evolve and unwaveringly provides best in class service for my small business and personal needs.

Ben Firestone
Senior Managing Director, BLUΞPRINT
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With an intricate Federal and State tax system, our trained professionals is constantly plugged-in to new regulations and standards of operating. We network with other professional organizations and are proud to be members of the following affiliations.

Whether your business is new or established, large or small, our real estate experts can  help you in managing your business.

Real Estate Tax and Accounting Resources

Real estate is the core of our practice. The guides below cover the questions property owners, investors and developers bring us most often. If you are looking for a real estate CPA in Chicago, that page explains how we work with clients across the metro area.

Cost segregation and depreciation

Exchanges, deferral and incentives

Ownership, transfer and exit

Tax planning for investors and real estate professionals

Please fill out the form below or for immediate assistance call us at 847-256-3100.