Real Estate and Construction

Our Real Estate and Construction professional advisors have the experience, training, and understanding to help you effectively manage business and operational issues unique to the industry. With a vast number of tools and strategies at our fingertips, we are dedicated to helping your business maximize profits and minimize liabilities.

Whether you are a general contractor, subcontractor, real estate professional, or simply wish to take advantage of the tax and diversification benefits of real estate ownership, we offer a full palette of services to help you get the most from your business.

Construction and real estate industry services include:

State & Local Taxation (SALT)

State and local tax involves both income/franchise as well as sales/use and other taxes. This continuously evolving arena doesn’t frequently get the attention it deserves. Your MHSC team can help review your specific situation. We can help you find opportunities such as refund claims, or help you identify risks and relevant solutions.

M&A and property transactions

Thinking of selling your business? Considering transferring your business to your family or employees? Considering buying a business? Your MHCS team can help you determine the most appropriate course of action by working closely with you to achieve your goals in an efficient manner.

Like-kind Exchanges

Like Kind Exchanges (1031 exchange) allows owners of business and investment real property to defer payment of capital gains taxes on a qualified property when it is sold, as long as another “like-kind property” is purchased with the proceeds from the initial sale. Our team of experts can assist with process and help ensure all the required steps are taken in the transaction as well as assist with the tax computations of the transaction.

Regulatory Agency Compliance

The Real Estate and Construction industries are fast paced, constantly changing, and competitive. Our Real Estate & Construction team is actively involved in a variety of trade organizations in the Central Iowa area and throughout the state. Several organizations that we belong to and actively participate in are:

What Our Clients Are Saying

"Our relationship with MHCS is abut the people. I like them all and most often it is the same group of people, so I am not constantly retraining. They are service-oriented and work as a team with everyone."

Debbie Fisher, Office Manager

Newbury Development Company

“I have experienced very thorough service and attention to detail on our residential housing projects from MHCS. I can count on them to meet deadlines and get the job done correctly."

Daniel S. Tonnesen, President
Anchor Housing Development, LLC

“MHCS is a godsend for our business. They are updated and educated on all tax and accounting practice changes. Our small business would be lost without MHCS. Their customer service is above and beyond. When we have questions, the answers are personal and timely. They do not wait for us to have questions – they provide education on items that pertain to us. We are not on a generic mailing, MHCS cares about our business success. The personal connection is unmatched.”

Shannon Sandvig, Financial / HR Manager
BBS Architects | Engineers
(formally known as Brooks Borg Skiles)

“MHCS has provided HOMZ Partners with accurate audits, financial reporting, tax preparation, and advice on all aspects of property acquisitions, development, and sales for over thirty subsidized and tax credit properties since 1990. The skilled Certified Public Accountants and accounting professionals at MHCS keep us advised of regulatory and tax law changes affecting our business. Additionally, they provide personal income tax preparation, estate planning and other financial advice. I consider MHCS a trusted financial partner both professionally and personally.”

Linda Zeck, CPM, President
HOMZ Management