Category Archives: IRS

Don’t Mess with the IRS! MACRS

Don’t Mess with the IRS! Who would, right? The sad truth is that most do! Here’s what I mean. If you own commercial real estate or residential rental property, you are REQUIRED to use MACRS depreciation. No doubt you are … Continue reading

Posted in Accelerated Depreciation, Accelerates Depreciation, Apartments, Commercial Real Estate, Cost Segregation, CPA, Dentist Office, Dry Cleaner, Hotel Properties, IRS, MACRS, Medical Office Building, Multifamily, Pharmacies, Ranch, Real Property, Rental Property, Rental Real Estate, Residential Rental Property, Restaurants, Self-Storage Facility, Tangible Personal Property, Tax Deductions, Tax Planning | Tagged , , , , | Leave a comment

IRS 10/15 Tax Deadline & Tax Planning

Another 10/15 IRS tax deadline is upon us and like every year, way too many taxpayers are still scrambling to find ways to cut their taxes. Proper tax planning in advance avoids this “wait to the last minute” mentality. So … Continue reading

Posted in §1245, §1250, Commercial Real Estate, Cost Segregation, CPA, Enrolled Agent, IRS | Leave a comment