By now, many savvy real estate owners and investors are aware of cost segregation studies. These studies allow owners to accelerate depreciation and reduce taxable income in the early years of ownership.
Investors know there there are many tax benefits for owning real estate.
As part of the CARES Act (Coronovirus Aid, Relief, and Economic Securities) passed on March 30, 202, businesses with Net Operating Losses (NOL) in 2018, 2019, and 2020 can now amend previous tax returns and offset the income in previous years.
We had the opportunity to sit down with Trevor McCandless from Fusion CPA, where we talked about accounting, tax planning, and closing out the year. The session was targeted at real estate owners.
As we maneuver through the holiday season, we encourage business owners not to lose sight of the importance of tax planning.
Are you interested in solar tax credits? We interviewed the experts at Simpleray, one of Iowa’s largest and most trusted solar companies.
“Every property owner has the right to protest their assessment value, always protest.”
If you had a tax refund coming, would you tell the IRS to keep it for 39 years?
Stay current with current tax law. Discussed are 5 strategies for real estate companies to consider to reduce their tax bill.
Should your organization take the plunge into greener energy? Read on to learn more about adding solar energy to commercial properties! Adding solar energy adds value to commercial property Adding solar to your commercial property can certainly increase its property value. However, the location, local policy, the quality of installation, and other factors can impact […]