There are two primary methods for expensing real estate costs: the traditional straight-line method and an engineering-based cost segregation method. Cost segregation, particularly now, renders a variety of benefits for real estate investors, such as accelerated depreciation schedules, reduced taxable income and increased operating cash flow.
Taxes can be a headache for businesses. The good news is that several tax deductions exist to help you reduce your taxable income and keep more of your hard-earned money. Three particularly popular options are 179D, Section 179 expensing and bonus depreciation. Unfortunately, even some experienced tax professionals get confused about the differences between these
Real estate investments offer great potential, but taxes can get complicated, especially when you buy property from someone you know. You may have heard about “related party limitations” and wondered if they prevent you from taking advantage of cost segregation. Don’t worry—cost segregation can still significantly reduce your tax bill, even for related party purchases.
Assisted living facilities are a crucial part of our healthcare system. However, the development and operation of these facilities involve substantial capital investments. Beyond the initial construction costs, assisted living facility owners face ongoing tax burdens that can bring their cashflow to a grinding halt. Fortunately, there’s a powerful tax strategy that can help offset