The Retail Motor Fuel Outlet Exception
Gas station proprietors may not be aware of a tax reporting alternative called the “retail motor fuel outlet” exception. Read for more details.
Importance of Estate Planning and Cost Segregation
When Cost Seg is used as an estate planning tool, it can result in the recognition of depreciation for the decedent that would have otherwise gone unused.
Extension, Increase, And Modifications Of The New Energy Efficient Home Credit
Learn more about the new law under The Inflation Reduction Act of 2022.
Passive Activity Loss Limitations
Understand the limitations on the current deduction of PALs and how those limitations can affect the benefits of cost seg on rental real estate.
Personal Property and §1031
Personal property no longer qualifies for gain deferral under §1031. But how do you determine if property is real or personal? The answer may depend on when the property exchange began. Learn more.