Search Results for: Real Estate Tax

Services


Real Estate Tax and Advisory Services

Berkowitz Pollack Brant has one of the largest real estate tax practices in Florida. Long-time clients include major developers, property owners and managers, landholders and related construction entities.

Estate Planning and Wealth Protection

Estate and Wealth Planning for High-Net-Worth Families and Entrepreneurs High-net-worth families and individuals face a complicated mix of financial issues that can be managed and mitigated by progressive planning. Our team works across global borders to bring creative thinking and comprehensive planning structures to help clients meet their goals. Our team consists of deeply experienced […]

Real Estate Investment Trust (REIT) Accounting

Real Estate Investment Trusts require sophisticated tax and accounting expertise to manage their complex regulatory and audit obligations. Cost-control, managing efficiencies and streamlining operations are important components of a profitable REIT. Berkowitz Pollack Brant provides these complex entities with insight on variety of REIT-specific tax and accounting rules and regulatory requirements. Our real estate practice […]

Estate and Wealth Planning for High-Net-Worth Families and Entrepreneurs

High-net-worth families and individuals face a complicated mix of financial issues that can be managed and mitigated by progressive planning. Our team works across global borders to bring creative thinking and comprehensive planning structures to help clients meet their goals. Our team consists of deeply experienced CPAs, financial planners and legal professionals who work together […]

Tax Planning and Compliance for US Companies

With one of the largest tax practices in Florida our team advises on compliance, tax liability, mergers and acquisitions, specialized transactions and strategic tax planning.

Outsourced Accounting Services

It’s often difficult and expensive to find experienced personnel who can handle complicated institutional reporting functions. We pride ourselves on offering these types of sophisticated accounting services to clients on an outsourced basis. Our team has many years of experience and offers the focus and attention that in-house teams with competing priorities often cannot. As […]

Outsourced CFO Services

It’s often difficult and expensive to find experienced personnel who can handle complicated institutional reporting functions. We pride ourselves on offering these types of sophisticated accounting services to clients on an outsourced basis. Our team has many years of experience and offers the focus and attention that in-house teams with competing priorities often cannot. As […]

Athletes and Entertainers

Uniquely talented individuals often find themselves in a position of extreme wealth and suddenly surrounded by people who want a piece. The reality is that incoming cash flow is often short term and dries up as fast as it begins. People who have spent their lifetime practicing on the field, studio or court often have […]

Mergers and Acquisitions Diligence

We help buyers and sellers evaluate opportunities, determine specific objectives and effectively manage liquidity events.

Articles


An Alternative Tax-Deferral Strategy for Passive Commercial Real Estate Investors

Tax-Deferral Strategies for Commercial Real Estate Investors Commercial real property investors have long relied on Section 1031 of the Internal Revenue Code to defer capital gains tax on the sale of appreciated property when they reinvest sales proceeds into similar like-kind property. However, with the Biden administration’s proposal to restrict the tax-deferral benefits of 1031 […]

Commercial Real Estate Owners Have a Limited Time to Appeal their 2021 Property Tax Assessments by John G. Ebenger, CPA

Commercial property owners in Florida will soon receive Truth in Millage (TRIM) notices indicating the county’s appraised market value of their real estate and the estimated property taxes they can expect to pay for the year. Although it is not uncommon for landlords and developers to ignore these estimates in anticipation of receiving a final […]

How Biden’s Tax Plan May Affect Real Estate Investors, Developers

President Biden’s $1.8 trillion American Families Plan intended to help low- and middle-income families “cover basic expenses, lower health insurance premiums and reduce childhood poverty” calls for significant changes to the tax code, including higher tax rates and fewer loopholes for wealthy taxpayers. As Congress now debates whether any of the provisions included in the […]

Commercial Real Estate Landlords Can Find Tax Savings in COVID-Related Abandonment Losses by John G. Ebenger, CPA

With all the economic hardships caused by the COVID-19 crisis, businesses must take the time to carefully review their financial losses to uncover potential opportunities for which they may use those deductions to maximize tax efficiency in 2020 and the years ahead. For example, much ink has been spilled over the Coronavirus Aid, Relief and […]

Tax Relief for Real Estate Property Owners with Uncollectable Rent Accruals in the Wake of COVID-19 by Arthur J. Lieberman

The ongoing COVID-19 pandemic continues to be a burden on the cash flow of commercial and residential real estate owners and their tenants. Many landlords have seen their rent receivables explode as a result of executing rent-forbearance agreements with struggling tenants, but they may not be certain if they will ever be able to collect […]

Florida Again Reduces State Sales Tax on Commercial Real Estate Leases in 2020 by Karen A. Lake, CPA, CFST

The Florida legislature recently voted to again reduce the sales tax that commercial real estate owners charge and receive from tenants to 5.5 percent in 2020 from its current rate of 5.7 percent. Real property rentals subject to the reduced rate include commercial office space, retail, warehouses and certain self-storage units, excluding storage for motor […]

Considerations for Foreign Investors in U.S. Real Estate after Tax Reform by Ken Vitek, CPA

U.S. real estate continued to attract foreign investors during the first half of 2019, thanks, in part, to a growing U.S. economy, low interest rates, and strong underlying fundamentals that support predictable cash flow and property appreciation. At the same time, the U.S. tax landscape has changed with the passage of the Tax Cuts and […]

Florida Reduces State Sales Tax on Commercial Real Estate Leases for 2019 by Karen A. Lake, CPA

Effective Jan. 1, 2019, Florida’s sales tax rate on the total rent that commercial real estate owners charge and receive from tenants is 5.7 percent, a decrease from 5.8 percent in 2018, and 6.0 percent in 2017.  Real property rentals subject to the reduced rate include commercial office space, retail, warehouses and certain self-storage units, excluding storage […]

Tax Reform for Real Estate Businesses and Investors by John G. Ebenger, CPA

The Tax Cuts and Jobs Act (TCJA) that overhauls the U.S. Tax Code represents new, often more-favorable tax treatment for real estate business owners and investors. However, the full benefit of these provisions will require careful evaluation and planning as the IRS catches up to the new law and provides technical guidance. Income Taxes for […]

Florida Reduces the Sales Tax on Commercial Real Estate Leases in 2018 by Karen A. Lake, CPA

Effective Jan. 1, 2018, Florida’s sales tax on the total rental payments that commercial real estate owners receive for leasing their properties decreases from 6 percent to 5.8 percent. The reduced rate applies to the rental, leasing, letting and granting of a license to use certain commercial property for occupancy periods that begin on or […]

IRS Offers Penalty Relief for Certain Qualifying Taxpayers by Arthur Dichter, JD, LLM

The IRS recently announced it will provide retroactive penalty relief to taxpayers that failed to file certain tax and information returns on time during the COVID pandemic. To receive this automatic waiver of penalties, domestic and international individuals, businesses, and trusts and estates must file an applicable income tax return on or before Sept. 30, […]

UPDATED – What Does the Inflation Reduction Act Mean to Taxpayers? by Richard Cabrera, JD, LLM, CPA

The Inflation Reduction Act signed into law on Aug. 16, 2022, represents an investment of more than $430 billion in new federal spending to combat climate change, reduce consumers’ healthcare costs and lower the deficit. To help raise the revenue required to accomplish these goals, the bill includes a package of tax reforms impacting consumers […]

Inflation Reduction Act Proposes Limits to Tax Benefits of Carried Interest by John G. Ebenger, CPA

During the last week of July, Democrats in the U.S. Senate introduced the Inflation Reduction Act of 2022, which provides a new package of spending and tax measures designed to decrease the federal deficit while expanding adoption of clean energy, health insurance coverage and IRS compliance efforts. Among the policy changes recommended to help pay […]

Pre-Immigration Tax Planning for Pilots Relocating to the U.S. by Lewis Kevelson, CPA

The U.S.’s EB-2 visa program offers foreign pilots a unique pathway toward lawful permanent residence in the U.S. However, without proper planning in advance of stepping foot on American soil, that path can be plagued with a variety of expensive tax traps. Whether your stay in the U.S. is temporary or a part of a […]

Tax Considerations When Selling your Home by Rick D. Bazzani, CPA

Home prices across the country have hit record highs over the past few years as the number of homes for sale has remained in short supply. While this rising demand has been good news for sellers looking for big profits, it has also resulted in larger tax bills for many. Potential Exclusion of Taxable Gains […]

Press Releases


Berkowitz Pollack Brant Director Appointed to FICPA International Tax Committee

MIAMI, June 29, 2021 – Berkowitz Pollack Brant Advisors + CPAs today announced Director Arthur J. Dichter, JD, LLM, was re-appointed to the International Tax Committee of the Florida Institute of Certified Public Accountants (FICPA), a statewide association representing the accounting profession and CPAs roles in shaping public policy. He has served on the FICPA’s […]

Karen Lake Appointed as Chairwoman of Florida TaxWatch’s COVID-19 Taxpayer Tax Force

FT. LAUDERDALE, Fla., – June 2, 2020 – Florida TaxWatch, a non-partisan, non-profit research institute and government watchdog for the state of Florida. has appointed Berkowitz Pollack Brant Associate Director Karen A. Lake, CPA, as chairwoman of its COVID-19 Taxpayer Tax Force. The task force will identify and analyze key state and local tax issues […]

Jim W. Spencer, CPA, Appointed President of Greater Miami Tax Institute

FT. LAUDERDALE, Fla., – March 1, 2020 – Berkowitz Pollack Brant Advisors + CPAs today announced that Director of International Tax Services Jim Spencer, CPA, was named president of the Greater Miami Tax Institute (GMTI) for 2020. Spencer, who was previously vice president of the GMTI, has more than 25 years of international accounting experience, […]

Berkowitz Pollack Brant Promotes Guillermo Campos, CPA, to International Tax Director

MIAMI, February 27, 2020 – Berkowitz Pollack Brant Advisors + CPAs has promoted Guillermo Campos, CPA, to director. Multi-lingual in English, Spanish, Portuguese and Italian, he focuses on international and domestic tax matters for high-net-worth individuals and families, trusts and estates, and closely held family companies. “We are proud to recognize Guillermo’s achievements,” said Joseph […]

Berkowitz Pollack Brant Announces Launch of New Affiliate BayBridge Real Estate Capital

Miami, Jan. 6, 2020 – In its ongoing quest to solve problems for clients, Berkowitz Pollack Brant has established a new affiliated company, BayBridge Real Estate Capital. The professionals of the new firm will bring institutional capital and other alternative forms of financing to commercial real estate owners and their projects across the country. Berkowitz […]

Shea Smith Appointed to Oversight Board for Transportation Surtax

BROWARD COUNTY, FL – Jan. 2019 – An independent Oversight Board of volunteer professionals was appointed on Thursday, January 10th to oversee the administration of funds collected from the recently approved penny surtax for transportation. The Board will be responsible for reviewing projects for eligibility, monitoring revenues and expenditures, and offering transparency and accountability to […]

Karen Lake Appointed as Tax Advisory Council Chairman for Florida Tax Watch

FT. LAUDERDALE, Fla., – Dec. 14, 2018 – Florida Tax Watch has named Berkowitz Pollack Brant Associate Tax Director Karen A. Lake, CPA, as tax advisory council chairman. Florida Tax Watch is a non-profit research institute and government watchdog for the state of Florida. It provides independent research and analysis of issues related to state […]

Berkowitz Pollack Brant Announces Addition of Director of Tax Services in New York City Office

New York, July 18, 2018 – Berkowitz Pollack Brant Advisors and Accountants today announced that Lewis Taub, CPA, has joined the firm as director of Tax Services in the New York City office. Most recently, Taub was managing director and the tax partner for CBIZ MHN, LLC, offering tax and business advice to sophisticated tax […]

Berkowitz Pollack Brant Announces Addition of International Tax Associate Director

MIAMI, FL, March 16, 2017 – Berkowitz Pollack Brant Advisors and Accountants today announced that André G. Benayoun, JD,  has joined the firm as an associate director in the International Tax Services practice. He most recently worked at a Big-4 firm in New York City, New York, where he focused on high-net-worth families and individuals. […]

International Tax Director Arthur Dichter Recognized by Citywealth Magazine

MIAMI, FL, February 7, 2017 – Arthur Dichter, a director in the International Tax practice of Berkowitz Pollack Brant Advisors and Accountants, has been named to Citywealth’s list of leading lawyers for ultra high-net-worth individuals and families in its 2017 edition. Dichter has experience in wide range of issues facing growing multi-national companies, including acquisitions, […]

Berkowitz Pollack Brant Announces Addition of International Tax Director

MIAMI, FL, December 31, 2016 – Berkowitz Pollack Brant Advisors and Accountants today announced that Arthur Dichter has joined the firm as a director in the International Tax Services practice. He most recently worked at a boutique law firm that focused on international companies and high-net-worth families and individuals. “We are thrilled that Art will […]

Lewis Kevelson, CPA, Joins Berkowitz Pollack Brant as an International Tax Director

MIAMI, FL, Feb. 3, 2016 – Lewis Kevelson, CPA, has joined Berkowitz Pollack Brant Advisors and Accountants as a director in the International Tax practice. Kevelson joins the firm from a national accounting firm where he was an international tax partner. Kevelson has more than 25 years of experience handling international tax issues for high-net-worth […]

Berkowitz Pollack Brant Adds International Tax Director Christopher Galuppo, JD

MIAMI, FL, August 3, 2015 – Christopher Galuppo, JD, CPA, has joined Berkowitz Pollack Brant Advisors and Accountants as a director in the International Tax practice. Galuppo joins the firm from Raiche Ende Malter & Co. in New York, where he was a tax partner. Galuppo has more than 20 years of experience handling the […]

Arthur J. Lieberman Joins Berkowitz Pollack Brant As A Tax Director

MIAMI, FL, Nov. 19, 2014 – Arthur J. Lieberman has joined Berkowitz Pollack Brant Advisors and Accountants as a director in the Real Estate Tax practice. Lieberman joins the firm from LNR Property in Miami Beachwhere he was vice president of taxation. Lieberman has more than 30 years of public and private accounting experience in […]

BayBridge Real Estate Announces Joint Venture with Orion Investment, Appoints President

MIAMI, Jan. 7, 2013 – BayBridge Real Estate Group and Orion Investment Ltd. Corp. have entered into a joint venture to expand their commercial real estate services for local and international investors. Additionally, BayBridge appointed Kevin Sanz CCIM as its president. In this new role, Sanz will lead the firm’s property sourcing, private placement and […]

People


Kevin McNally, JD

Kevin McNally has provided business and tax consulting services for nearly 10 years. He has experience working with high-net-worth individuals and families, private equity and real estate development companies. McNally specializes in complex deal structuring for partnerships and limited liability companies, real estate taxation and partnership and LLC taxation. He is fluent in Spanish and […]

Laurie Jennings Arcia, CPA

For more than 10 years, Laurie Jennings Arcia has focused her practice on real estate tax compliance and consulting services. Her diverse client base consists primarily of developers, high-net-worth individuals, family limited partnerships and entrepreneurs. She provides guidance to her clients on complex partnership structures, real estate transactions and related aspects of federal and state […]

Andreea Cioara, CPA

Andrea Cioara focuses her practice on corporate tax planning, insolvency and bankruptcy work for real estate entities, publicly traded companies and closely held businesses.

Alex Keneiby, CPA

Alex Keneiby provides tax planning, compliance and consulting services to high-net-worth individuals, real estate developers and entrepreneurs. His experience includes guiding clients through complex partnership structures, real estate transactions and issues relating to federal and state taxes.

Johana N. Leon, CPA

Johana N. Leon has more than 15 years of experience assisting high-net-worth families and closely held businesses manage their international tax exposure. She focuses on pre-immigration strategies, US tax disclosure programs, investments in US real estate, United States individuals with investments in foreign jurisdictions, United States persons living abroad, US tax compliance matters for international […]

Gary L. Curtis, CPA

Gary L. Curtis has more than 30 years of experience providing tax compliance and consulting services to corporations, S-corporations and partnerships, including multi-state income tax returns and planning. Curtis specializes in assisting companies with mergers and acquisitions, due diligence and divestiture structuring. In addition, he helps clients in the manufacturing, real estate, retail and technology […]

Liz McGrath

Liz McGrath has experience providing tax planning to domestic and international high-net-worth individuals and assisting with their trust and estate planning and cross-border issues. She has extensive experience with pre-immigration and expatriation planning, and foreign bank and asset reporting for individuals in the U.S. and abroad. Earlier in her career, she worked at a Wall […]

Joseph C. Leuchter, CPA

Joseph Leuchter works closely with individuals and businesses on their accounting, compliance and planning. The tax compliance component of his practice is primarily real estate focused and includes complex partnership structures and all aspects of federal and state taxes. In addition, he has a specialized focus on obtaining research and development tax credits.

Marcelo Gadia, CPA

Marcelo Gadia has more than five years of experience providing tax compliance and consulting services to real estate entities. Gadia has a diverse client base consisting of high-net-worth individuals, real estate developers and entrepreneurs. He provides guidance on complex partnership structures, real estate transactions and issues relating to federal and state taxes.

Nicholas Angarano, CPA

Nicholas Angarano has provided business and tax consulting services for nearly 10 years. He has experience in helping real estate, hospitality and healthcare companies with federal tax compliance, tax planning, cost-segregation implementation and business consulting.

Adam Fisher, CPA

For nearly 10 years Adam Fisher has provided tax compliance, tax consulting and accounting assistance to real estate property trades and businesses, private equity funds, closely held businesses and high-net-worth individuals and families. Fisher focuses on partnership and S Corporation rules and regulations. In addition, he has vast experience in cost recovery analysis including the […]

Tomoko Shoji, CPA/PFS, CFP

Tomoko Shoji provides income, gift and estate tax planning, consulting and compliance services for high-net-worth families and closely held businesses in the U.S. and abroad. She has more than 15 years of experience untangling complex tax issues on foreign and domestic trust compliance and planning, FIRPTA planning and foreign investment in U.S. real estate and […]

Claribel Velazquez, CPA

Claribel Velazquez has nearly 10 years of experience providing tax compliance and consulting services to high-net-worth individuals, families, closely owned businesses and real estate clients. Velazquez has Big Four firm experience and specializes in complex transactions involving taxation of real estate partnerships, corporate entities and high-net-worth individuals in the U.S. and abroad.

Joel G. Young, JD, LLM

Joel G. Young provides tax consulting, income and estate tax planning and compliance services for high-net-worth families and closely held businesses that have international operations. Young has experience with pre-immigration and expatriation planning, international and domestic trusts, cross-border investments and international business restructuring.

Pedro L. Porras, CPA

Pedro L. Porras has more than 10 years of experience providing income tax planning and consulting services for high-net-worth families and closely held businesses with international operations. His experience focuses on pre-immigration planning, United States individuals’ investments in foreign jurisdiction, United States persons living abroad, foreign investments into the United States and IRS disclosure programs. […]

Pages


Services for Companies

With a wide range of niche practice areas and skilled advisors who can translate the tax code into opportunities for companies, our team helps business owners and management make the most of prospects. From transaction structuring and internal controls to M&A due diligence and real estate advising, we offer creative guidance to help clients meet […]

Affiliated Firms

Provenance Wealth Advisors PWA’s team of experienced planners carefully evaluates each client’s personal financial situation and their business and family responsibilities against a backdrop of their long and short-term goals. This 360-degree view helps PWA planners identify opportunities, gaps and potential problems so they can offer thoughtful and results-oriented solutions. PWA’s approach is unique because […]

Firm Overview

Established in 1980, Berkowitz Pollack Brant (BPB) is a certified public accounting firm with offices in Miami, Ft. Lauderdale and Boca Raton, Florida.
With more than 170 accountants, tax specialists and consultants, we are one of the largest accounting firms in South Florida and one of the top 100 firms in the United States.

Services

We find that accounting engagements evolve over time. As companies evolve, the needs of their owners and management become more complex. Our broad range of services was compiled specifically to meet the needs of expanding companies at all stages of their lifecycles. We work with quickly growing start-ups that need partnership guidance, structuring assistance and […]