Allocation Advisors specializes in purchase price allocation studies for real estate acquisitions. Our reports comply with ASC 805 (US GAAP) and IFRS 3 (international standards) reporting requirements. Whenever real estate is purchased in the United States and the acquiring entity is required to issue audited financial statements, a purchase price allocation study is required to establish the opening balance sheet entries for all tangible and intangible assets and liabilities acquired in the transaction. Assets and liabilities in a real estate transaction typically consist of land, site improvements, building, FF&E, TIs, in-place leases, above/below market leases, above/below market debt, tax benefit arrangements or any other type of contractual asset or liability. Each of these assets and liabilities must be separately reported on the balance sheet, and Allocation Advisors is your trusted service provider to accomplish this in an efficient, yet reliable manner. On the tax side, we parter with providers of Cost Segregation services who rely on our studies as a starting point to avoid duplicated efforts.