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Construction & Real Estate Accounting, Tax, Assurance & Advisory Services

Construction site at sunset with large crane silhouettes and steel framework by a fenced perimeter

Construction and real estate businesses operate in industries where cash flow, labor availability, project timelines, financing, and fluctuating margins can quickly affect profitability. Whether you’re a general contractor, subcontractor, developer, homebuilder, commercial builder, real estate investor, property owner, or property management company, having timely and accurate financial information is critical to making confident business decisions.

For more than 40 years, Rivero, Gordimer & Company has worked with construction and real estate clients throughout Tampa Bay and beyond, providing accounting, tax, audit/assurance, and advisory guidance aligned with the financial realities of project-based businesses.

Our team understands the reporting requirements, tax considerations, bonding and lender expectations, and operational challenges that can impact construction and real estate companies. We work with clients to improve visibility, strengthen financial reporting, and support long-term growth.

Construction & Real Estate Industry Involvement
We stay engaged in the construction and real estate community through active participation in industry organizations, including:

Accounting, Tax, Assurance and Advisory Services for Construction & Real Estate

RGCO supports construction and real estate clients across the Tampa Bay area and beyond with accounting, tax, assurance, valuation, and advisory services designed to help businesses manage complexity, improve reporting, and make informed financial decisions.

Have questions about your construction or real estate business? Complete our Prospective Client Form, and our team will follow up.

Our Construction & Real Estate Committee

RGCO’s Construction & Real Estate Committee includes professionals from our assurance, tax, and advisory teams, giving clients access to a broad range of knowledge across the firm.

Have questions about your construction or real estate business?
Please complete our Prospective Client Form, and we’ll connect you with the right team member.

Prefer to reach out directly? You may also contact a member of our Construction & Real Estate Committee below.

FAQs from Construction & Real Estate Business Owners

Why is cash flow so challenging for construction companies?

Construction companies often have money tied up in labor, materials, subcontractors, retainage, and long project timelines before payment is received. Better job costing, billing processes, forecasting, and financial reporting can help owners spot cash flow issues earlier and plan around them.

How do I know if my construction company is making money on each job?

Job costing helps contractors track labor, materials, subcontractor costs, overhead, and change orders by project. When those costs are accurate and current, business owners can better understand which jobs are profitable and where margins may be slipping.

What is percentage-of-completion accounting, and does my construction company need to use it?

Percentage-of-completion accounting recognizes revenue as work progresses instead of waiting until a project is complete. Whether it applies depends on the type and size of contracts, financial reporting needs, and tax considerations.

Learn more about how stale percentage-of-completion calculations can skew your financials.

Do I need audited financial statements to get bonding or financing?

Some contractors need audited, reviewed, or compiled financial statements to meet bonding company, lender, investor, or ownership requirements. The right level of assurance depends on what the outside party requires and how the financial statements will be used.

Learn more about how contractors can achieve timely, predictable audits.

What financial reports should a construction company look at each month?

Construction companies often benefit from reviewing job cost reports, work-in-progress schedules, cash flow forecasts, income statements, and balance sheets. These reports help owners monitor project performance, cash needs, and overall financial health.

How can real estate businesses reduce taxes?

Real estate businesses may be able to use planning strategies related to entity structure, depreciation, cost segregation, 1031 exchanges, and long-term ownership or exit planning. The right approach depends on the property, ownership structure, and business goals.

What tax issues should real estate developers think about before starting a project?

Developers should consider entity structure, financing, depreciation, state and local taxes, cost segregation opportunities, and how income or gains may be taxed. Looking at these issues early can help avoid surprises later.

Who at RGCO should I talk to about construction or real estate accounting?

RGCO’s Construction & Real Estate Committee includes professionals from the firm’s assurance, tax, and advisory teams. They can help connect you with the right person based on your business and the type of guidance you need.

Still have questions about your business or financial reporting? Complete our Prospective Client Form and our team will follow up.

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