From an early age, Ryan Paul recognized the importance of having a knowledgeable and trustworthy advisor for his family. That knowledge compelled him to enter the accounting profession with the goal of becoming a valuable resource for families and businesses.
A volunteer position in college helped solidify his path. While attending the University of Scranton, he volunteered with the IRS through the Volunteer Income Assistance Tax Program, or VITA, preparing tax returns for low-income individuals and families. He found this work extremely rewarding and continued to forge ahead into the areas of tax and advisory services.
In addition to serving as a resource, Ryan truly enjoys developing long-lasting relationships with clients. He appreciates and values the opportunity to meet and advise many interesting individuals from diverse backgrounds, experiences and industries. Working in the DC Metro area has provided other advantages, including enabling him to develop deep connections in the community and to gain experience with countless clients who have afforded him the opportunity to grow personally and professionally.
Ryan’s specialty areas include real estate, I.R.C. code section 163(J), high net worth individuals and pass-through entities. His past experience includes serving a diverse group of clients, including small business owners, real estate partnerships, former politicians and diplomats, attorneys, doctors and engineers. At the industry level, he is an active member of the firm’s Construction & Real Estate Team. He also has served on the firm’s internal Emerging Issues Task Group.
An avid sportsman, Ryan enjoys golfing, skiing and fishing. His other interests include history, reading, woodworking, traveling, wine, and spending quality time with family and friends. In his free time, he participates in charitable activities through his active membership in the Knights of Columbus.
PROFESSIONAL ASSOCIATIONS:
- American Institute of Certified Public Accountants
- Virginia Society of Certified Public Accountants
- Maryland Association of Certified Public Accountants
- NAIOP Commercial Real Estate Development Association
EDUCATION:
- Bachelor of Science in Accounting (minors in history and operations management) from the University of Scranton in Scranton, Pennsylvania.
ARTICLES:
New Life for Opportunity Zones?
Opportunity Zones could be getting an extension with several additional changes. Real estate investors, even those who perhaps didn’t qualify before, will want to take a second look at the second Act for Opportunity Zones.
Amid Rising Interest Rates, the Ability to Deduct Interest Expenses Is Lower In 2022
Amid rising interest rates, the Section 163(j) business interest expense deduction has a more limited impact for real estate companies and other capital-intensive businesses starting in 2022. There are other financing strategies to mitigate the impact of the lower deduction.
How Real Estate Partnerships Can Defer the Tax Impact of Canceled Debt
Real estate partnerships looking for a way to minimize the tax impact of canceled debt may be able to use qualified real property business indebtedness (QRPBI) to exclude forgiven debt from taxable income.
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.
Section 163(j) and Its Impact on Commercial Real Estate
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.
Final Guidance on Business Interest Expense Deduction Limitation Under Section 163(j) in the CARES Act
Many U.S. companies took advantage of the Paycheck Protection Program, Economic Injury Disaster Assistance Loans, and other funding sources to shore up cash flow amid the coronavirus pandemic.