A few years ago, I helped a client renovate a gorgeous set of cottages that the owner decided to use as short-term rentals. He made good money from the cozy beach bungalows, but hosting family ...
The company, which offers cost segregation study software to help calculate depreciation on a property, raised the money from ...
For a real estate investor or property owner, a cost segregation study is an opportunity that can offer significant tax savings. To help understand this tax strategy and how it can benefit a property ...
Real estate owners have limited options to pull cash out of a 1031 exchange without having to pay income tax. With proper tax planning, this problem can be solved with a cost segregation study. The ...
Let’s set the stage. A residential rental property owner acquired a 312-unit apartment complex and was looking for strategies to reduce an estimated tax liability of nearly $9 million. Our tax team ...
If you’ve got real estate or real estate clients, you should know that the best way to reduce tax liability is by commissioning a cost segregation study. But should you do it before or after a rehab — ...
Cost segregation is a powerful tool that can benefit retirees who own commercial properties by optimizing their savings and offsetting taxes — particularly when it comes to converting a traditional ...
NEW YORK--(BUSINESS WIRE)--Better Business Advice has released its comprehensive review of the best cost segregation study services for 2024, featuring two standout firms in the field: Omega ...
Earlier this year, a multifamily property owner I advise was assessing a cost segregation study for a recently acquired 180-unit complex. They were leaning toward a provider offering a fully remote ...
As a rule of thumb, investment real estate is purchased for three reasons: income, appreciation and tax shelter. Cash flow and appreciation arguably play the biggest role in determining the worthiness ...
I was recently asked by one of my clients what one powerful strategy I like to use often as a tax strategist. It didn't take me long to answer with one of the most powerful tax strategies being ...