by Brenten | Mar 15, 2024 | Uncategorized
The ability to take advantage of cost segregation can be narrow if you do not qualify as a real estate professional. However, business owners have a unique loophole to take advantage of and the nature of their business has no impact on their eligibility. This blog...
by Brenten | Mar 12, 2024 | Uncategorized
Recent changes in cost segregation laws have brought both challenges and opportunities for investors and businesses. The most notable development was the Tax Cuts and Jobs Act (TCJA) which introduced modifications to how depreciation is applied. These changes not only...
by Brenten | Feb 27, 2024 | Uncategorized
Cost segregation is a powerful tax strategy that allows commercial property owners to accelerate depreciation deductions, resulting in significant tax savings. While this method is applicable to a wide range of commercial properties, the eligibility and considerations...
by Brenten | Feb 9, 2024 | Uncategorized
In the dynamic realm of tax planning, cost segregation has emerged as a powerful strategy for businesses seeking to optimize their financial landscape. As a thought leader in cost segregation, it’s essential to dispel some prevailing myths that might be...
by Brenten | Feb 1, 2024 | Uncategorized
In the context of cost segregation in 2024, a pivotal development unfolded as the House Ways and Means Committee overwhelmingly approved, by a decisive 40-3 vote last Friday, the bipartisan Tax Relief for American Families and Workers Act of 2024. This legislative...
by Brenten | Jan 4, 2024 | Uncategorized
According to IRS Publication 946, the commencement of depreciation hinges on a property’s readiness for its intended use and income generation. This holds true whether the asset is part of a business, income-producing venture, tax-free activity, or even a...
