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
As a commercial property owner or investor, you know depreciation is vital for your tax strategy. It lets you recover the cost of your property over time, reducing your taxable income. But did you know there are ways to amplify these benefits? Tangible property regulations (TPRs) and cost segregation studies are two powerful tools that