Accountants on Air real estate & construction industry practice has a team of professio- nals to provide a consistent help in handling all the challenges facing the sector, from fierce competition and rising costs, to bonding and insurance issues.
Today’s real estate and construction companies must adopt new approaches to abode regulatory requirements and financial risks, while meeting the challenges of expanding globally and achieving continuous growth. Our real estate & construction industry practise has a team of professionals to provide a consistent help in handling all the challenges facing the sector, from fierce competition and rising costs, to bonding and insurance issues. In addition to traditional audit, tax, and consulting work.
Construction
The construction industry comprises a wide range of activities involving building, alteration, and/or repair. Examples include residential construction, commercial construction, bridge erection, roadway paving, excavations, demolitions, and large scale painting jobs. Residential construction refers to the building or renovation of single-family dwellings.
The vast majority of residential construction jobs are small renovations, such as addition of a room or renovation of a bathroom or kitchen. Commercial construction includes apartments, office and retail buildings, hotels, schools, public buildings, industrial and manufacturing buildings, highways and bridges, sewers, pipelines, power lines, power plants, and other civil engineering projects.
Real Estate
This industry refers to all companies engaged in buying, selling, or renting land, buildings or housing. Major types of real estate businesses include appraisal companies, brokerages, development companies, net leasing companies, property management, real estate marketing, real estate investing, relocation services, and corporate real estate. Within each field, a business may specialize in a particular type of real estate, such as residential, commercial, or industrial property. In addition, almost all construction businesses effectively have a connection to real estate.