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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...