Category: Real Estate

Real Estate

Commercial Real Estate Owners Have a Limited Time to Appeal their 2021 Property Tax Assessments by John G. Ebenger, CPA


Posted on July 26, 2021 by John Ebenger

Commercial property owners in Florida will soon receive Truth in Millage (TRIM) notices indicating the county’s appraised market value of their real estate and the estimated property taxes they can expect to pay for the year. Although it is not uncommon for landlords and developers to ignore these estimates in anticipation of receiving a final […]

Biden Unveils Tax Proposal to Pay for New Jobs Plan by Timothy Larson, CPA


Posted on May 20, 2021 by Timothy Larson

At the center of President Biden’s plan to rebuild the country’s infrastructure, create jobs and increase production of clean energy is a proposal to raise $2.3 trillion over 15 years, in large part, by increasing the corporate tax rate and reforming the international tax system. According to the administration, the Tax Cuts and Jobs Act […]

How Biden’s Tax Plan May Affect Real Estate Investors, Developers by Joseph C. Leuchter, CPA


Posted on May 18, 2021 by Joseph Leuchter

President Biden’s $1.8 trillion American Families Plan intended to help low- and middle-income families “cover basic expenses, lower health insurance premiums and reduce childhood poverty” calls for significant changes to the tax code, including higher tax rates and fewer loopholes for wealthy taxpayers. As Congress now debates whether any of the provisions included in the […]

IRS Issued Final Regulations on Tax Treatment of Carried Interest by Arkadiy (Eric) Green, CPA


Posted on March 04, 2021 by Eric Green

In January 2021, the IRS issued final regulations concerning the taxation of carried interest under the Tax Cuts and Jobs Act (TCJA) effective for tax years beginning in 2018. These regulations, which modify certain provisions of proposed guidance issued last year, bring mostly welcome changes to real estate businesses and private equity funds. Background Carried […]

Commercial Real Estate Landlords Can Find Tax Savings in COVID-Related Abandonment Losses by John G. Ebenger, CPA


Posted on February 22, 2021 by John Ebenger

With all the economic hardships caused by the COVID-19 crisis, businesses must take the time to carefully review their financial losses to uncover potential opportunities for which they may use those deductions to maximize tax efficiency in 2020 and the years ahead. For example, much ink has been spilled over the Coronavirus Aid, Relief and […]

Tax Relief for Real Estate Property Owners with Uncollectable Rent Accruals in the Wake of COVID-19 by Arthur J. Lieberman


Posted on February 19, 2021 by Art Lieberman

The ongoing COVID-19 pandemic continues to be a burden on the cash flow of commercial and residential real estate owners and their tenants. Many landlords have seen their rent receivables explode as a result of executing rent-forbearance agreements with struggling tenants, but they may not be certain if they will ever be able to collect […]

IRS Issues Final Regulations on the Business Interest Expense Deduction Limitation by Heath Standorf, CPA


Posted on October 20, 2020 by Heath Standorf

The IRS recently published final regulations regarding the business interest expense deduction limitations introduced in 2017 by the Tax Cuts and Jobs Act (TCJA) and recently updated by the CARES Act. Included in the final regulations are guidance to help taxpayers identify and calculate their interest deduction limitation and FAQs to help them understand if […]