RealAdvice® helps commercial real estate buyers pay only the taxes that they legally owe by separating non-taxable intangible value from taxable real estate at closing.
Most commercial buyers pay property and transfer tax on more than the real estate they bought.
The price of an operating property includes intangible value, like in-place leases and the business itself. In many states, the recorded price sets the transfer tax at closing and becomes the starting point for your property tax assessment. Separating the intangible value before closing keeps it out of both.
Our team of experts handles each phase, from the letter of intent (LOI) to your first tax bill.
01
TRANSACTION
02
VALUATION
An MAI appraiser and a CPA/ABV business valuation specialist each sign one reconciled report. It’s typically delivered about ten days before closing.
03
CLOSING ASSISTANCE
Before closing, we review the settlement statement and any required state forms, so the allocation carries through to the deed and the transfer tax.
04
FINALIZATION
After closing, we confirm the sale recorded correctly and review your first tax notice. If an appeal is needed, we handle it at the administrative level.
Every purchase price holds up to three kinds of value. Each is treated differently for tax purposes.
Which of these a purchase includes, and how much, depends on the property and the deal
No. The ProperTax Process applies only to state and local tax (SALT). It doesn’t change your lender’s appraisal or your federal tax basis, and it’s separate from cost segregation, which is a federal income tax strategy.
A property tax consultant helps property owners and buyers pay the correct state and local taxes on their real estate. At RealAdvice, that means separating intangible value from taxable real estate before closing, then supporting the result through the first tax bill.
At the letter of intent (LOI) or offering memorandum (OM) stage, or before the purchase and sale agreement (PSA) is signed. Our report is typically issued about ten days before closing.
Yes. An appeal challenges a value after it’s set. RealAdvice sets a supported value before closing,
and if an appeal is still needed, we handle it at the administrative level through the applicable tax
year.
No. The ProperTax Estimate is free, and there’s no obligation to move forward.
Yes. Clients in 49 states can benefit, depending on each state’s property and transfer tax rules.