Boulay provides its 340 real estate clients a variety of services including:
Consulting Services: income tax considerations for purchases, cash-flow projections, sales and transfers of property, condemnation transactions, entity selection recommendations, debt arrangements, cost allocation of depreciable property, passive loss rules and effect on real estate owners, tax consequences of installment sales and financial aspects of leases.
Accounting, Attestation and Compliance Services: offering audit, review and compilation of financial statements including HUD and MHFA, monthly financial statements, rent collection accounting, and tax planning and preparation services.
Resolving Controversies with Tax Authorities: representation and assistance during examination of income tax returns by tax authorities, including the assembly of documentation and other information in support of income tax returns.
