Real Property Cancellation of Debt
In a year where real estate values are increasing, cancellation of debt on real property is not typically an issue or on the mind of many...
By Christopher Suto, CPA, WithumSmith+Brown
Dec 2, 2019
Beginning Depreciation-Courts Weigh in on When Property is “Placed in Service”
For owners of real property, the depreciation deduction provides an opportunity to deduct costs incurred for capital improvements. Under...
By Sara Palovick, CPA, WithumSmith+Brown, PC
Oct 30, 2017