Over the past decade, thousands of ASCs have been constructed or have changed hands across the United States. While most of these facilities operate profitably, some may be missing a ripe opportunity ...
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 ...
The Internal Revenue Service issued a revised Audit Technique Guide last week to help examining agents evaluate the validity of cost segregation studies submitted by taxpayers to substantiate ...
Cost segregation services let healthcare and seniors housing owners and operators comply with tax laws and reduce tax liability. Here are three things to know about cost segregation, according to ...
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 ...
Cost segregation is a powerful tool that can benefit retirees who own commercial properties by optimizing their savings and offsetting taxes — particularly when it comes to converting a traditional ...
For many individuals and family-owned businesses, residential rentals and commercial properties are more than investments—they are legacies that can be passed down through generations. These ...
The Tax Cuts and Jobs Act of 2017 expanded bonus depreciation to additional assets and allowed for 100% bonus depreciation. While the qualification for bonus eligibility does not change, the amount ...
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 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 ...