Housing and Economy Recovery Act of 2008
Following months of negotiations, in late July large bipartisan majorities in both the House and Senate passed the Housing and Economic Recovery Act of 2008. President Bush signed the bill into law on July 30, 2008. This bill is intended to provide relief to homeowners struggling to avoid foreclosure and inject new life into the ailing real estate market by offering tax incentives to homeowners and certain categories of homebuyers. But, while the legislation contains breaks for some taxpayers, revenue-raising provisions included in the bill could lead to bigger tax liabilities for other groups, especially those who own second homes. Read More
BDO Real Estate Monitor
The Real Estate Monitor is a quarterly newsletter distributed by BDO Seidman, LLP. Visit our Newsroom page to read current and past newsletters
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Real Estate & Construction
Property is as unique as its owner. Whether it's your castle, an investment, your place of business or all three, your wishes for your property are as distinct as well, you. The knowledge of a trusted advisor can make the difference between a strong or shaky foundation. Our Real Estate group combines a wealth of experience with a passion for staying a hop, skip and a jump ahead the ever-changing laws and tax rules involved in property ownership and management. Our group has the know-how to advise you on actions to take, and the experience to deliver outstanding services. Because we work with high powered clients, we understand industry issues, are able to spot financial opportunities and hit the ground running at the onset of our business relationship.
We're go-to professionals and are recognized as the only accounting firm in our state with such a complete knowledge and understanding of the real estate industry. For instance, we've probably performed more engineer-based cost segregations studies than any other accounting firm in our region. Clients with real property are wildly happy when they see the huge tax savings -- hidden money!-- through cost segregation.
As unique as you might be, we can all agree that that's pretty darn cool.
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The Team
Tim Kalberg, Shareholder
Resa Kee, Senior Manager
Brigitte Sutherland, Senior Manager
Kimberly Woodside, Senior Manager
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Affiliations
Associated General Contractors (AGC)
Building Owners Management Association (BOMA)
Commercial Real Estate Women (CREW)
Home Builder's Association (HBA)
Urban Land Institute