REAL ESTATE INVESTMENT FUNDS
Besides classic tax consultancy, Hansa-Atlantic offers a wide range of tax advisory services in connection with national and international real estate investment entities.
We are primarily active in the area of closed-end real estate funds with investments in the USA. Our services range from tax structuring to comprehensive tax administration and we support investors in accordance with national and international tax regulations. We also provide training for distributors and family offices.
Fund Structuring
We provide tax consultancy services to national and international real estate investment entities:
Tax structuring services
- Advice on the structuring of closed-end funds in various legal forms, e.g. US limited partnership or German GmbH & Co. KG
- Financial planning
- Optimization of the final structure with other German and US tax consultants
- Realization of the financial planning in offering prospectuses
Expert reports
- Furnishing of tax expert opinions based on German tax law
- Examination of all relevant contracts and their tax implications
- Final review of offering prospectus from a tax perspective
Financial planning for investment companies
- Financial budgets
- Investment planning
- Siting / choice of location
- Profitability calculation
Real estate fund management
Our fund management services include:
Administrative services
- Financial controlling for the partnership
- Handling of contracts for the disposal and transfer (gifts and estates) of partnership units
- Set up and maintenance of a database for the master data of the partnership and its limited partners
- Organizing the filing of individual US income tax returns (1040NR) including all US income sources
- Organizing the filing of individual state tax returns
- Handling of correspondence with limited partners and US Certified Public Accountants
- Obtaining individual tax identification (ITIN) and employer identification numbers (EIN). As a Certifying Acceptance agent, we have established close communications with the IRS.
Annual filing of German returns of partnership Income
- Determination of fund income according to German tax law
- Capital account roll forward for the limited partners
- Preparation of German returns of partnership income
- Review of tax assessments from the German tax authorities
- Initiation of legal action on behalf of our clients if necessary
- Preparation of necessary reports according to sec. 138 of the Fiscal Code of Germany
