Podcast | Deductions for Real Estate Professionals
Certain practices to reduce your tax burden may not be as straightforward for real estate professionals. Listen as Jennifer French discusses in this podcast.
Audit Requirements for Licensure as a North Carolina General Contractor
When applying for licensure as a North Carolina general contractor, understand the requirements of the North Carolina Licensing Board for General Contractors (the Board), what questions arise at the mention of an audit or agreed-upon-procedure (AUP).
Navigating the $1.5 Trillion Commercial Real Estate Debt Bubble
The commercial real estate sector is facing a $1.5 trillion debt bubble, posing significant challenges with most debt maturing by the end of 2025. This scenario necessitates strategic and informed responses from stakeholders to mitigate risks and leverage opportunities for adaptation and growth within the industry.
FinCen Proposes New Reporting Transparency for Non-financed Real Estate Transactions
Learn more about the Financial Crimes Enforcement Network (FinCen) proposed new rule requiring certain professionals involved in real estate closings and settlements to report non-financed transfers of residential real estate to legal entities or trusts.
Commercial Real Estate Trends 2024
In 2024, commercial real estate trends signal transformation. Opportunities surface in multifamily apartments, industrial properties, and digital infrastructure, yet U.S. regulators warn of financial stability risks tied to rising vacancy rates, declining office property values, and potential economic slowdowns.
The Impact of the Inflation Reduction Act on the Construction Industry
One year after the Inflation Reduction Act passed, there is evidence of an increase in construction investments, job creation in certain sectors, and investments in future clean energy projects.
Accounting Outsourcing Solutions for Construction Companies
See why your internal accounting processes might be wasting time and money and how easy it can be to digitize your accounting function and make it significantly more efficient.
Leveraging General Asset Accounts in Building Demolition Strategies
GAAs offer a strategic solution for real estate developers facing tax implications of building demolition, particularly concerning Section 280B. However, implementation requires careful consideration of timing, rules, and financial analysis.
Transferring Federal Energy Tax Credits
The Inflation Reduction Act introduced transferable federal energy tax credits, with guidance for implementation released mid-2023. This clarifies the process for transferring energy-related tax credits and aims to promote growth in the clean energy sector.
Davis-Bacon Act Updates Add Liability, Definitions for Federal Construction Contractors
The DOL's overhaul of the Davis-Bacon Act in October 2023 brings substantial changes to federal construction contractors. These revisions include prevailing wage adjustments, increased contractor liabilities, and apprenticeship mandates.