Tag Archive: "CRE"
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Add Credibility to Common Area Maintenance Charges
Engaging an independent accountant to report on common area maintenance (CAM) costs can add transparency and accountability to charges allocated to tenants. Accountants have flexibility in the types of engagements they can perform to work with owners or tenants to customize these engagements. Key Insights CAM costs include operating and overhead expenses incurred in the […]
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Section 179 and Bonus Depreciation, A Powerful Combination
Tax planning used to be an exercise that was performed sometime in the fourth quarter. Those days are no longer, as clients need regular consultation and tax planning. One such planning opportunity that is coming up more and more is the potential interplay between Section 179 and bonus depreciation. The Tax Cuts and Jobs Act […]
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It’s Year-End…Let’s Find Some Deductions!
Fixed asset reviews and repair and maintenance studies can be effective tools in year-end tax planning. Prior to December 31, 2022, taxpayers were able to benefit from 100% bonus depreciation on certain assets for federal and (possibly) state income tax purposes. The amount of allowable bonus depreciation began to be reduced effective January 1, 2023. […]
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What to Make of 2Q Commercial Real Estate Loan Data
There is almost $1.4 trillion of commercial mortgages set to mature in 2023 and 2024 and D.C. appears to finally be taking steps to address the concern for potential delinquencies (“Proposed House Bill Would Address Cancellation of Debt Income for Distressed Commercial Real Estate Owners“). S&P Global published commercial real estate loan data from the […]
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Proposed House Bill Would Address Cancellation of Debt Income for Distressed Commercial Real Estate Owners
Bipartisan legislation (H.R. 5580) was introduced in the House of Representatives earlier this month that would make it easier for commercial real estate borrowers to defer cancellation of debt income from loan modifications or debt workouts. According to Moody’s Analytics, almost $1.4 trillion of commercial mortgages are set to mature in 2023 and 2024. Yahoo! […]