This TCJA technical glitch prevented investments in qualified improvement property (QIP) from being depreciated over 15 years and qualifying for bonus depreciation. With the correction, the recovery period for QIP is reduced from 39 years to 15 years. Thus, making improvements eligible for 100 percent bonus depreciation through 2022.
You may have already heard that the long awaited the Energy Policy Act 2005 (EPAct) energy tax credits were extended in late December 2019. This retroactively extended both the 179D and 45L Energy Efficient Buildings from January 1, 2018 and to December 31, 2020....
Cost segregation and research tax credits can provide needed cash due to the coronavirus economic impact
How does a Cost Segregation Study provide tax benefits? A cost segregation study is a strategic tax-planning tool that allows an owner to accelerate the depreciation of certain components of the building or land improvements over a shorter life. This is...
It’s not too late to grab these 6 tax breaks for 2019. Learn how you can save big and increase your cash flow.
In the final business week of 2019, government-funding legislation that the House passed a host of expired and expiring tax breaks known as “tax extenders” amendment.
Learn how you can benefit from cost segregation and save big on your tax exemptions with your rental properties.
Expand your services to your clients by offering cost segregation without doing any of the work. Our expert engineers will handle the entire process with audit protection and required documentation.
Multifamily properties are very popular with investors and syndicators, especially for value-add properties where the rents are targeted for growth to coincide with unit renovations and upgrades to tenant amenities. Typically, a 5 to 7 year hold is planned to provide investors a solid rate of return, then a sale with proceeds distributed upon closing.