By Terri S. Johnson, CRE, Capstan Tax Strategies
- Jun 19, 2018
All in Good Time: Implementation of new tax law depends on project timing
From the moment the new Tax Cuts and Jobs Act (TCJA) passed, there was a flurry of questions about how the TCJA would affect owners of real estate. Signed into law late December, this legislation represents the first major tax reform in over three decades, and stands to impact virtually every US taxpayer.
Bonus depreciation for 2017 was fixed at 50% under the PATH Act, and people are naturally excited about the TCJA boosting it to 100% for new and used assets with a deprec
Terri S. Johnson, CRE, Capstan Tax Strategies
- Oct 27, 2016
Cost Segregation reduces tax burden on industrial facilities
The cost segregation process can be performed on almost any type of building. By reclassifying commercial assets into shorter MACRS class-lives, cost segregation accelerates depreciation, increases cash flow, and reduces the overall tax burden in virtually every situation. However, due to the highly specialized nature of industrial facilities, these types of properties are among the best candidates for a successful cost segregation study. The high level of customization requi