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 ...
Matthew R. Meehan is a leading finance expert and CEO of Shield Advisory Group. He specializes in helping SMEs access credit and capital. Here's something I wish I had known about sooner, and I bet a ...
A few years back, I consulted with a developer expanding their mixed-use portfolio across Florida’s Gulf Coast. Their prior cost segregation provider, based out of the Midwest, had applied the same ...
Did you know you can do cost segregation on virtually any property? Cost segregation identifies assets and costs within a property in order to accelerate depreciation. In return, this generates ...
Not long ago, I met with the CFO of a healthcare REIT that owned dozens of outpatient facilities across several states. They had used the same CPA firm for years. Solid, reputable, but not specialized ...
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 ...
If you haven’t considered a cost segregation study on your property, there is good probability that you haven’t claimed the appropriate amount of depreciation, meaning that you could have missed out ...
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 ...
There are two primary methods for expensing real estate costs: the traditional straight-line method and an engineering-based cost segregation method. Cost segregation, particularly now, renders a ...
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 ...
The Tax Cuts and Jobs Act of 2017 expanded bonus depreciation to additional assets and allowed for 100% bonus depreciation. While the qualification for bonus eligibility does not change, the amount ...