SERVICES
Real Estate Services
Real Estate Experts You Can Trust
LPS brings over 25 years of collective experience in the real estate industry, offering unrivaled expertise for developers, hoteliers, and real estate family offices. Our skilled professionals are dedicated to guiding you through the complexities of real estate financial management. We tailor our services to meet the unique needs of your real estate endeavors, ensuring the maximum benefit with minimum risk.
Advanced 1031 Planning and Reporting
Our team specializes in 1031 exchange planning, allowing you to defer capital gains taxes on property sales. We streamline the reporting process, ensuring compliance with relevant regulations while optimizing your financial outcomes. Trust LPS to manage your 1031 transactions efficiently, preserving your valuable real estate investments.
Cost Segregation Studies and Energy Credits
LPS collaborates with qualified engineering firms to implement cost segregation studies that enhance cash flow and tax savings. Our expertise in energy credits further provides opportunities to reduce tax liabilities. We meticulously analyze your properties to identify and leverage tax-saving potential through these strategic tools.
Strategic Transaction and Succession Planning
At LPS, we partner with you to navigate the complexities of transaction and succession planning, safeguarding your real estate assets for future generations. Our expert advice ensures smooth transitions, maximizing the value of your real estate holdings. LPS delivers strategic insights to help you achieve long-term success and sustainability within the industry.
Comprehensive Compliance Solutions
Understanding the New York State and City intricate real property tax environment is essential. LPS offers expert guidance on compliance with various state and local filings, ensuring you meet all necessary obligations. In addition, we work diligently to secure mortgage recording tax credits, aligning our efforts with your financial objectives to ensure compliance and cost efficiency.
Essential Real Estate Planning Strategies
- Asset Preservation and Growth: Utilize LPS’ expert planning to ensure not only the protection of existing real estate assets, but also strategic expansion and appreciation over time.
- Comprehensive Structuring Advice: Receive guidance on the best ways to structure your real estate holdings for optimal tax efficiency and financial security.
- Succession and Future-Proofing: Develop robust plans to seamlessly transition property ownership, securing the legacy and longevity of your real estate investments for future generations.
Frequently Asked Questions
1031 planning involves deferring capital gains taxes from the sale of an investment property by reinvesting in a similar property, maximizing investment growth.
Cost segregation reclassifies building components to shorter depreciation periods, increasing current tax savings by accelerating depreciation deductions.
Yes, we ensure accurate and timely submissions of forms like TC201 and TC309, helping with NYC real property income and expense reporting.
Our experts provide comprehensive planning for business transitions, ensuring tax efficiency and smooth succession.
We guide clients through the application process for mortgage recording tax credits, reducing the cost of acquiring real property.