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:
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.
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.
Charitable Giving With the New Legacy IRA
New Legacy IRA rules mean that charitable gift annuities are even more valuable as part of a larger tax strategy, especially for taxpayers who want to fulfill philanthropic goals and/or minimize Medicare premiums.
Whitepaper | Construction & Real Estate: Green Building Tax Incentives
Learn about recent changes to green building tax incentives you can use to recapture more of your investment into sustainable construction and real estate.
Benefits and Uses of PropTech in Commercial Real Estate
The days of manually collecting cash or check payments for rent are gone. From mobile rent payment and maintenance requests to digital property management and automated investment analysis, proptech is set to revolutionize commercial real estate.
Carbon-Reduction in Commercial Real Estate
Decarbonizing commercial real estate is becoming an industry-wide imperative. Tax incentives in the Inflation Reduction Act give taxpayers several options to offset the cost of energy-efficient upgrades.
Overview of the New Renewable Energy Tax Credit under Section 48
The Inflation Reduction Act modified or introduced several energy efficient tax incentives, like the newly created Section 48(e) renewable energy investment tax credit. The base amount can be increased by several optional bonus credits.
Tax Impacts on Leases under ASC 842
Most conversations around lease accounting changes have been about GAAP compliance, so less is known about the tax impact of ASC 842. There are many considerations, and extra calculations may be needed to reconcile the tax and book impact of leases.
Alternative Cost Method Updates for Real Estate Developers
Real estate developers can now use a more streamlined approach to capture estimated common improvement costs using the alternative cost accounting method as outlined in new IRS guidance released in January 2023.
Changes to 179D in the Inflation Reduction Act
179D, a popular energy efficiency tax incentive, has been expanded and upgraded in 2022’s Inflation Reduction Act. From new deduction amounts to prevailing wage requirements, learn about changes to 179D.
Two-for-One Rate Buydown for Real Estate Developers
Mortgage rates may be trending downward, but they’re still about double what they were a year ago. As potential home buyers are looking for ways to better manage the higher costs of purchasing a home, one option is the 2/1 rate buydown.
45L Residential Energy Efficiency Credit: Updates for 2023
The Inflation Reduction Act retroactively reinstated 45L for 2022 and extended the credit through 2032. For the 2022 tax year, projects follow the same eligibility rules. Beginning in January 2023, more stringent energy efficiency requirements will be in place.
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.