BDO: Real Estate & Construction's Top Tax Priorities for 2026
- HFM CPAs + Business Advisors
- 6 days ago
- 1 min read
The tax landscape for real estate and construction businesses is shifting quickly this year. State and local tax issues are climbing, key provisions of the One Big Beautiful Bill Act (OBBBA) are reshaping financing and investment decisions, and more firms than ever are entering the tax credit transfer market for the first time. BDO's recent industry survey of tax leaders sheds light on where the pressure points are, and where the opportunities are too.
For real estate and construction businesses, three trends stand out.
State and local tax (SALT) audit or dispute activity in this sector nearly doubled year over year, and firms with multistate project activity are especially exposed to nexus risk they may not even realize they have.
Respondents reported that implementing OBBBA tax provisions will be a slight to significant challenge over the next year.
The transferable tax credit market is maturing fast, with a large share of firms planning their first-ever credit transfer transaction in the next 12 months, even as pricing tightens and due diligence standards rise.
As a member of the BDO Alliance USA, HFM has access to this kind of industry-specific research and insight, which we're glad to share with you. Read the full report:
Questions?
If you're a real estate or construction business owner wondering how SALT audit exposure, OBBBA provisions, or the tax credit market might affect your specific situation, we're glad to talk it through. Contact us to connect with our team.
HFM CPAs provides specialized accounting, tax, and assurance services to individuals and businesses across Connecticut and Rhode Island.
