Real estate owners often hear that a cost segregation study can “pull forward” depreciation and create larger deductions early in a property’s life. The question that follows is usually practical: ...
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 ...
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 ...
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 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 ...
Not long ago, I sat down with an investor who owned a portfolio of manufacturing plants, office space, and a few mixed-use developments. For years, they let their general tax provider handle cost ...
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 ...
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 ...
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 ...