Certain types of residential rental property placed in service prior to 2018 can claim a shorter depreciation recovery period, potentially generating significant tax benefits. Affected taxpayers have until April 15, 2022 to file an amended return.
Given the ongoing pandemic, a new presidential administration, and uncertainties over economic recovery, real estate investors and other stakeholders have been watching the housing market for signs of a possible bubble or downturn
Last week, President Biden formally announced the details of his next wave of legislation called the American Families Plan.
Even with a national infrastructure bill on the horizon, the construction and real estate industries may be slow to respond to an expected turnaround later this year.
COVID-19, materials prices, and supply chain disruptions are impacting economic recovery in construction and real estate. Understand how to protect your business in a turbulent market and what to expect in the months ahead.
Retail rental tenants like brick-and-mortar stores and restaurants had a tough year in 2020. Many had varying levels of success by shifting to online platforms, though not everyone was able to quickly adapt.
President Biden recently unveiled his new $2.3 trillion infrastructure package, the American Jobs Plan. The construction industry will benefit in several ways, but there are mixed reactions on different aspects of the legislation.
Even in a post-coronavirus economy, the potential for another public health crisis or national emergency remains elevated. What can construction companies do to protect their assets and plan for another site shutdown?
This article explains Section 163(j) and its implications on small businesses, real estate, and manufacturing, including how taxable income and interest expense are defined under Section 163(j), as well as which business activities fall under 163(j) guidance.
Since the Tax Cuts and Jobs Act, the treatment of 1031 exchanges has been more complex, nuanced, and limited according to varying definitions of real property. Now with final regulations, real estate investors can make more informed decisions about which properties qualify.