The Value of Offering Specialty Tax Services: Understanding the Opportunity for CPA Firms

CPA firms must find ways to differentiate their services to remain competitive in the marketplace. Especially during unpredictable economic times, what can you be doing to find new revenue streams?

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Decreasing Your Tax Burden With A Cost Segregation Study

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

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3 Top Tax Deductions for Real Estate Investors

The past year has seen a flurry of legislative and regulatory measures intended to assist businesses and individuals with COVID-19 challenges. Given the volume of ensuing guidance from the IRS

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Year-end Tax-Planning Strategies for Property Owners

The year 2020 will be recorded as a time of volatility and market disruption—not to mention a presidential election that changed which party controls the executive branch. Long before COVID-19

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CRE Owners and Investors Can Benefit From a Cost Segregation Study

Cost segregation is an important strategic tax tool that can help commercial real estate owners and investors increase cash flow and lower their tax liability through accelerated depreciation deductions and

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Rental Property Depreciation Explained

THERE ARE DISTINCT advantages real estate investments deliver that other investments just can’t offer. These include rental income, which acts like dividend income, along with substantial tax advantages and expense write-offs, which can

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The Value of Cost Segregation for Owners of Mobile Homes and RV Parks

Many commercial property owners are familiar with cost segregation as a tool to achieve faster depreciation of building components—all leading to valuable cost savings. Through cost segregation, which is the

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Uncovering Tax-Saving Opportunities in Today’s Socially Distanced World

Property owners across the real estate spectrum are always looking for ways to reduce their tax liabilities and increase cash flow. Now, as the coronavirus (COVID-19) pandemic continues to strain

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QIP Fix in CARES Act Provides a Boost for Property Owners

The CARES Act economic stimulus package approved by Congress includes a tremendous opportunity for property owners to take 100% bonus depreciation for qualified improvement property (QIP) retroactively. Specifically, property owners

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Cost Segregation Benefits for Residential Rental Properties

Many people think of cost segregation as a tax tool that can benefit commercial property owners. However, a cost segregation study can identify opportunities for faster tax depreciation for owners

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