Blog

Think about the classic song co-written by Eddie Cochran and released in 1958. It was covered by The Who, The Clash, Alan Jackson, Brian Setzer, Blue Cheer and several others. The premise being, it’s summertime and a young man just wants to enjoy it. But work and...

Whether the year ends in a 2 or 3, most everything in your life will generally be the same… The clock turns over every year with a big fanfare; football, champagne, fireworks, rock’n’roll, and a late night! Though when we woke up on January 1, 2023 nearly everything...

It is not a “doom and gloom” scenario for the real estate industry The current state of 100% Bonus Depreciation did not come about until the Tax Cuts Jobs Act (TJCA) was signed in February of 2018. It should be noted, when bonus depreciation was offered in the past,...

The newly signed Inflation Reduction Act expanded the 179D Commercial energy incentives & renewed the 45L Residential energy tax credits for 2022   Overall, both have been significantly enhanced and expanded by the Inflation Reduction Act. Revisions and...

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...

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...

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...

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 or an Active...

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...