Real Estate Development

ASAM LLP provides comprehensive audit, tax, and advisory services to real estate developers, investment groups, and foreign-owned entities managing large-scale development projects across the United States. Whether you’re structuring a multi-phase development or reporting to a foreign parent company, we offer the insight and compliance support you need. 

Real estate development requires sophisticated financial planning, layered entity structures, and careful navigation of local, state, and federal tax laws. Our team works closely with international holding companies, U.S.-based developers, and cross-border investors to streamline operations, reporting, and long-term planning. 

Key Challenges for Developers


➥ Entity setup and ownership structuring for development partnerships

➥ Multi-jurisdictional tax exposure (sales tax, property tax, transfer tax, city assessments)

➥ Consolidation of financials across U.S. subsidiaries and parent companies abroad

➥ Compliance with U.S. GAAP and IFRS

➥ Internal control setup and audit readiness for capital investors

➥ Navigating passive activity loss rules and real estate professional classifications

How ASAM LLP Supports Real Estate Developers


➥ Audit and Review Services for consolidated and project-level financials

➥ Tax planning and compliance for real estate partnerships, syndications, and trusts

➥ Foreign investor structuring and coordination with Hong Kong and China-based parent companies

➥ Support for 1031 exchanges, basis planning, and cost segregation

➥ Internal controls, financial oversight, and controller-level advisory

➥ Coordination with legal, valuation, and construction accounting teams

Client Example: Cross-Border Real Estate Development Groups


ASAM LLP serves several real estate development clients whose parent companies are publicly traded in China and Hong Kong. These groups hold diverse portfolios across Mainland China, Hong Kong, and the U.S.
We provide:

➥ Audit or review of financial statements for their U.S. operations

➥ Tax services tailored to cross-border entity structures

➥ Local compliance and advisory throughout development cycles

Value Delivered


➥ Years of experience with foreign-owned real estate portfolios

➥ Clarity and control in financial reporting across jurisdictions

➥ Strategic insight on tax-advantaged structuring and development deductions

➥ End-to-end support for growth, acquisitions, and capital event planning