The Impact of Inflation on Commercial Real Estate
Commercial real estate is usually known as a hedge against inflation. Is that still the case? There are many variables to consider and investors need to look at the whole picture.
FinCEN Proposed Rule for Real Estate to Combat Money Laundering, Fraud
FinCEN issued a request for public comment in advance of a new proposed rule subjecting all-cash real estate transactions to new recordkeeping requirements. If passed, real estate would fall under increased regulatory oversight.
Changing Guidance for Federal Contractors Over Vaccine Mandates
An executive order could require federal construction contractors to implement a vaccine mandate on all federal jobs; however, recent court challenges make following the standard tricky, especially from one contract to another.
Guidance for Contractors Who Use Per Diem
Construction contractors can use the temporary 100 percent business meals deduction for per diem expenses. Rate changes are in effect as of October 1, 2021. Contractors may want to review their expense reimbursement policies.
Excess Real Estate Losses Could be Permanently Eliminated in Build Back Better Act
The Build Back Better Act contains a lesser-known tax proposal to permanently eliminate certain excess business losses. Especially for rental real estate owners, the effect is potentially substantial.
Potential Tax Changes to Real Estate Partnerships in Budget Reconciliation Bill
Several potential changes to partnership taxation may be coming for real estate partnerships in the federal budget reconciliation. If passed, partnerships may need to invest in real estate tax technology to stay in compliance.
Changes Coming in 2022 for QuickBooks Desktop
In 2022, QuickBooks Desktop is migrating two of its products, Pro and Premier, to a subscription-only software. Small businesses and other organizations have a few options, but limited time to decide their next steps.
Record Retention List for Construction Contractors
Construction contractors are in the business of documentation: contracts, reports, schedules, the list goes on. And that’s not including tax and financial records. Though most if not all this documentation is done digitally now, there are still questions about how long to keep certain records.
Construction: The Importance of Cash Flow Management Amid Supply Chain Disruptions
As supply chain issues continue to threaten construction industry growth, there are risk management and cash flow forecasting strategies that contractors can use to manage the uncertainty and stay on top of the changes.
Top Cyber Risks for the Real Estate Industry
Half of all real estate companies report being unprepared for a cyber attack. Understanding where risk comes from and how to prevent and mitigate data breaches can help companies avoid the costly effects of cybercrimes.