At Integra Realty Resources (IRR), we offer professional purchase price allocation analysis services to help companies accurately allocate the purchase price of a real estate or business acquisition among the various assets included in the acquisition, which can include land, buildings, improvements, and other tangible and intangible assets. Our team of experienced valuers is skilled in gathering and analyzing a wide range of data, including financial statements, tax returns, and other relevant documents.
Beyond the general valuation, the purchase price allocation segregates the value components to consider the value of in-place leases, FF&E, long and short-lived physical plant, and the value of land. The accounting standards require classification of the levels of support for each of these components and detailed workpapers outlining the methods to arrive at the conclusion.
Our team then prepares a detailed report outlining our findings and providing guidance on the allocation of the purchase price among the assets. This report is generally used by the acquiring company and its tax professionals to support their purchase price allocation and future depreciable basis for tax purposes.
At IRR, we are committed to helping our clients navigate the complex process of accurately allocating the purchase price under ASC 805. Contact us today to learn more about our purchase price allocation valuation services.