Category Archives: Real Property

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

Cost Segregation, Cannabis & IRC 280E

Cost segregation, Cannabis and IRC 280E – how are they related and why does it matter? First of all, any one of these subjects is a challenge to navigate on it’s own merits. I am about to deal with all … Continue reading

Posted in Cannabis, Commercial Real Estate, Cost Segregation, CPA, Real Property | Leave a comment

Does Section 1245 Property Include Real Property?

Does Section 1245 Property Include Real Property? Section 1245 property does include personal property.  Assets such as computers, desks, chairs, copiers, etc. are all personal property falling under Section 1245.  However, Internal Revenue Code Section 1245 does include real property … Continue reading

Posted in §1245, Amarillo Cost Segregation, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Del Rio Cost Segregation, Denver Cost Segregation, Franklin Cost Segregation, Houston Cost Segregation, LA Cost Segregation, Lubbock Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, Real Property, San Angelo Cost Segregation, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Seattle Cost Segregation, Waco Cost Segregation | Leave a comment