Category

Real Estate

Qualified Opportunity Zones | Abandoned industry
Real EstateTax
November 8, 2019

Qualified Opportunity Zones: Revitalizing Communities and Deferring Capital Gains Taxes

In 2017, the Tax Cuts and Jobs Act (TCJA) featured the Qualified Opportunity Zone (QOZ) provision – Code Section 1400Z. While the provision was mostly overlooked at the time, it has now integrated itself into…
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Cost Segregation | Man standing outside a bar
Real EstateTax
October 25, 2019

Post-Tax Reform Benefits of a Cost Segregation Study

Sweeping tax reform in 2017 brought about a number of changes to drastically alter the tax environment in the United States. Between a lowered corporate tax rate, lower rates for certain “pass-through” entities and decreased…
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Row of Buildings in New York - Deciphering the Qualified Business Income Deduction as it Relates to Rental Real Estate
Real EstateTax
September 9, 2019

Deciphering the Qualified Business Income Deduction as it Relates to Rental Property

The passage of the Tax Cuts and Jobs Act (TCJA) in December 2017 instituted a new section of the Internal Revenue Code (IRC). Section 199A introduced the 20% qualified business income (QBI) deduction for certain…
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How To Avoid Property Tax Reassessment in California | Two businessmen shaking hands surrounded by reports and documents
Real EstateTax
April 13, 2018

Estate Planning – How To Avoid California Property Tax Reassessment Through Proper Use of Parent-Child Exclusion

When dealing with a death in the family and administering assets of the deceased family member, the county-level property tax reassessment rules for transfers of California real estate are often overlooked.  Generally, the taxable value…
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March Tax NewsletterReal Estate
March 6, 2018

REAL ESTATE TAX ACT

One of the provisions contained in the Tax Act that impacts real estate is one that limits the deductibility of interest expense. The provision generally disallows a deduction for net interest expense that exceeds 30…
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