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Landlord recovers big dollars thanks to auditors. As this situation clearly demonstrates, there can be unexpected benefits from a financial statement audit beyond the compliance aspect. Here’s a real-life audit story.

The Hudson Yards project in New York is getting into full swing. The venture is the largest private real estate development US history since the building of Rockefeller Center. Fortune Magazine named Hudson Yards America’s Biggest Real Estate Project Ever.

Abraham Bergman, Managing Partner at Eastern Union Funding, was interviewed to get his insight into financial engineering in the real estate market. How has real estate investing changed? How does financial engineering affect investing?

EisnerAmper Partner & Co-Leader of Real Estate Services Group, was one of the key moderators for the firm’s first West Coast Private Equity Real Estate Summit. Private equity is proving its value in real estate in markets all over the US.

A new revenue recognition standard was issued by the FASB and the IASB. The new revenue recognition standard may create some challenges for entities accounting for real estate sales. These 5 steps outline the new process for the principles-based revenue model.

The origins of REITs and how they benefit investors. More investors have been using the Real Estate Investment Trust (REIT) structure to facilitate investment in real estate. REITS were created to allow average investors to invest in a managed portfolio of real estate assets.

Developments in New York real estate event. The Urban Land Institute New York Young Leaders Group hosted an event with Scott Rechler, CEO and Chairman of RXR Realty and Vice Chairman of the Port Authority of New York and New Jersey.

Regulation A+ updates and expands Regulation A and is mandated by Title IV of the JOBS Act. It allows smaller companies to offer up to $50M of securities in a 1 year period. There are 2 tiers for offerings, subject to basic requirements under the current provisions of Regulation A.

IRS issues final Tangible Property Regulations. Taxpayers may be unaware of several provisions that could lead to potential tax savings and accelerated write-off of expenses. Info on the Small Taxpayer Safe Harbor and new provisions of the Final Tangible Property Regulations.

There are various outcomes relating to debt for a real estate owner in distress. Real estate owners need to review potential options and outcomes, including the the tax implications of the various outcomes surrounding debt.

Americas Lodging Investment Summit conference. Brokers, lenders, owners and private equity investors expect RevPAR growth and hotel values to rise. RevPAR growth will be driven mainly by average daily rate growth. Hospitality industry news hotel profits should continue to grow through 2015.

Impact of FASB IASB Revised Exposure Draft to improve accounting treatment of leasing transactions. The AICPA Financial Reporting Executive Committee called for a simpler approach. More info on the FASB IASB Draft and improving the accounting treatment of leases.

EisnerAmper Tax Partner and national leader of the Real Estate practice Lisa Knee was a guest on Bloomberg radio discussing commercial real estate.

By Howard Liu IRS issued Rev. Rul. 2012 17 on June 15, 2012, ruling that a REIT’s investment in a money market fund is investment in cash or cash equivalents under the REIT testing rules.  The failure of a REIT

Increase in capital gains tax rate and many taxpayers are also subject to the Medicare Tax on certain capital gain property. IRC 1031 tax-free exchange provisions. Learn more about the tax traps to look out for while taking advantage of the tax-free exchange provisions.

Internal Revenue Code statutory requirements for property under the definition of qualified leasehold improvement property. Further clarification to the meaning of interior in regards to the requirements for property to be defined as qualified leasehold improvement property.

Final regulations on C Corporation transfers to RIC or REIT. IRS issues guidance concerning transfers of property from a C corporation to a Regulated Investment Company or a Real Estate Investment Trust REIT.

Non-resident athletes are taxed on U.S.-sourced income and as more and more foreign athletes play in U.S.-based leagues, non-resident athletes should take note and seek proper tax advice. The issues are very complex and should be carefully examined.

At June’s Bloomberg Businessweek Debrief, editor-in-chief Joel Weber sat down with 12-time NBA All-Star and three-time NBA champion Dwyane Wade for a candid, warm, and thoughtful interview. Here’s just a small collection of some of the conversation points.

Tennis greats Serena Williams and Roger Federer have more in common with managing partners and corporate executives than you might think, with careers built on promotions, successes, accomplishments and achieving goals, working hard and long hours.