Category: Business Consulting and Planning

Business Consulting and Planning

New Tax Law Makes Significant Changes to How Residential Real Estate Developers Recognize Revenue on Construction Contracts by Arthur J. Lieberman


Posted on August 28, 2025 by Art Lieberman

Among the various provisions of the new tax and spending bill is a significant change to the tax accounting method condo developers must use to recognize income, removing a significant irritant to developers’ cash flow and tax efficiency. Background Developers of single-family homes and townhouses historically had the option to use the complete contract method […]

International Provision of the New Tax Law Effective for Tax Years Starting in 2026 by Pedro Porras, CPA


Posted on August 19, 2025 by Pedro Porras

The One Big Beautiful Bill Act (OBBBA) modifies several international tax laws introduced in 2017 by the Tax Cuts and Jobs Act (TCJA), including a decrease in deductions and changes to the names of the Global Intangible Low-Taxed Income (GILTI) and Foreign-Derived Intangible Income (FDII) regimes. The following provisions are scheduled to take effect for […]

New Tax Law Makes Opportunity Zones Permanent by Alex Keneiby, CPA


Posted on August 13, 2025 by Alex Keneiby

The enactment of the One Big Beautiful Bill (OBBB) redefines and makes permanent the Qualified Opportunity Zone (QOZ) program introduced in 2017, ushering in new tax benefits for a broader range of qualifying investors. Background The Tax Cuts and Jobs Act (TCJA) introduced the concept of Qualified Opportunity Zones (QOZs) to help incentivize private investment […]

Qualifying as a Real Estate Professional Can Yield Greater Tax Benefits for Property Owners, Investors by Alex Keneiby, CPA


Posted on July 30, 2025 by Alex Keneiby

Real estate has always been a reliable investment for diversifying one’s portfolio, hedging against inflation and creating a steady stream of passive income from an asset with potential long-term appreciation. Property ownership and management also come with an array of tax advantages that can reduce taxable income and even enable the deferral of capital gains […]

Podcast – BPB Knows the One Big Beautiful Bill


Posted on July 17, 2025

In this episode, Director of Tax Services Mike Greenwald, CPA, shares information about the OBBB and why planning is so important. To attend the July 31 webinar, register here.

Knowing When a Rental Property is Placed in Service is Key to Claiming Bonus Depreciation by Angie Adames, CPA


Posted on July 16, 2025 by Angie Adames

The expansion and permanent reinstatement of 100 percent bonus depreciation under the One Big Beautiful Bill Act (OBBBA) is a welcome change for rental real estate developers and owners, who can once again write off a larger portion of their costs for qualifying business assets upfront rather than spreading them out over the property’s useful […]

Planning for the Expansion of Depreciation Deductions and Other Real Estate Planning Incentives Contained in the New Tax Law by Joshua P. Heberling, CPA


Posted on July 10, 2025 by Joshua Heberling

The U.S. government’s One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, contains a permanent reinstatement of 100 percent bonus depreciation and other tax-savings provisions that encourage businesses to invest in new assets. These tools enable businesses, including real estate owners and developers, to write off a greater portion of their […]