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 and Treasury, business owners and
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 entered the picture, the Tax
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 the deferral of federal and
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
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 feel like
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 process of identifying and classifying subcomponents or
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 the financial health of 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 who used cost segregation for
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 of residential rental properties, including apartments
If you own or invest in multifamily properties such as rental units, you are focused on increasing the property’s value over time. One of the most effective ways to accomplish this is to decrease your