Bill Smith, Author at ELB Consulting

Last Year to enjoy the fruit of 100% Bonus Depreciation

by Bill Smith | Aug 11, 2022 | Uncategorized

These are the leaves of a plum tree at the new home we bought in February. It was barren then, though we anticipated getting the sweet fruit in the summer. In the early spring it came out with lots of blooms. We were thrilled. However, a late snowfall did most of our...

Can A Cost Segregation Study Protect You From Inflation?

by Bill Smith | May 27, 2022 | Uncategorized

Yes, cost segregation can protect you from inflation. It is also a risk management tool in an inflationary market. Just check the news, inflation is the #1 economic concern for our nation. Skyrocketing gas, electricity, and grocery prices. Supply chain issues and the...

Rental Home Demand is going through the roof

by Bill Smith | Apr 4, 2022 | Uncategorized

This involves both Short Term Rentals (VRBO/Airbnb) and Long-Term traditional rental home properties. We have seen a huge increase in demand for cost segregation studies on single family (1-4 unit) properties and condos. The demand for depreciation tax...

Tax Planning is Year-round Tax Strategy: Don’t wait!

by Bill Smith | Mar 15, 2022 | Uncategorized

Today is March 15th, no need to “beware the Ides of March”, unless you’re Julius Caesar. Or unless you have a huge unmitigated and unplanned for tax liability. That’s almost like being stabbed in the back. If you qualify as a Real Estate Professional...

A Time to be Grateful and Thankful!

by Bill Smith | Nov 24, 2021 | Uncategorized

Now is a good time to stop and reflect on our Blessings Our family here at ELB Consulting is grateful and thankful for great client relationships and the continued and repeat business it creates. Like everyone, COVID certainly created changes and challenges to our...