The real estate market can be volatile, full of risks and challenges. Real estate professionals should enlist an expert to ensure compliance and navigate the specifics of real estate tax and accounting. At KROST, we provide specialized real estate accounting services to a diverse range of clients in the real estate industry, including developers and investment, construction, and property management companies.

Our real estate services include but are not limited to cost segregation, 1031 exchange, federal and state tax compliance, financial reporting, internal control, audits, reviews, and compilations. Your business will benefit from our wide range of tax, audit, and advisory services.

Our real estate industry group has a deep understanding of the tax laws that govern the industry. They have extensive experience working with all property types, including commercial, residential, and multi-family. Principals So Sum Lee, CPA, Lou Guerrero, CPA, MBT, and Scott Gilmore, CPA, MST, lead the real estate industry group at KROST. Lou is responsible for the overall tax function of the firm and specializes in clients in real estate, the financial services sector, and technology. So Sum is the real estate industry leader and has over 20 years of experience in public accounting. Scott has extensive experience in the real estate industry, working with clients for the entire cycle of their real estate assets. Together, they can determine which tax planning techniques will minimize tax impact and boost your cash flow.

Our team regularly produces articles on the real estate industry and has published quarterly magazines specific to the industry. Articles are written by our experts, and the topics range from IRS updates to state and federal tax-related news. To read the latest issue of KROST Quarterly, a digital magazine featuring insights, tax updates, and business strategies, please click here.

A long-term strategic plan consisting of tax and accounting techniques can maximize returns for the real estate industry. Contact our team of experts to learn more about how KROST can best meet your needs.

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Real Estate Industry Experts

So Sum Lee CPA - Los Angeles CPA
So Sum Lee, CPA, Principal
Tax, Real Estate, Technology, Hospitality
So Sum Lee, CPA is a Tax Principal at KROST. So Sum has over 18 years of experience in public accounting and has a wide range of experience in Taxation, as well as servicing high-net-worth clients. So Sum’s area of expertise includes industries such as wholesale, Real Estate investments, and Restaurants. » Full Bio

Lou Guerrero
Lou Guerrero, CPA, MBT, Principal
Tax, Tax Specialty Services, Financial Services Sector
Luis (Lou) A. Guerrero, CPA, MBT is Vice President of KROST CPAs and Consultants. As the Tax Practice department leader for KROST, Lou is responsible for the overall tax function of the firm and specializes in clients in the Financial Services sector (hedge funds, money managers, private equity), family office and high net worth individuals, Real Estate, Food Service (restaurants and related), Technology (including manufacturing and distribution) and professional service firms. » Full Bio

Scott Gilmore, CPA, MST | Principal
Scott Gilmore, CPA, MST, Principal
Tax, Real Estate
Scott Gilmore, CPA, MST, is a Principal at KROST. With over 15 years of experience in public accounting, he takes pride in being a valuable member of each client’s team. Scott has niche experience in a handful of industries, including financial services (private equity, hedge funds, financing), professional services (attorneys, wealth advisors, agents, etc.), and the entertainment industry. In addition, he has a strong passion for real estate-centric clients and has extensive experience in the real estate industry, working with clients for the entire cycle of their real estate assets. » Full Bio