Follow KBKG on Social Media Linkedin Facebook X-twitter Youtube By Amar Patel | Principal, Cost Segregation Real estate investors know that tax strategies can make all the difference in maximizing profits. One of the most powerful, yet underutilized, tools available is the short-term rental (STR) loophole. This allows real estate investors to utilize property-related rental losses … Read More
Follow KBKG on Social Media Linkedin Facebook X-twitter Youtube When Cost Segregation studies are conducted, professional standards and technical accuracy are critically important, especially as studies are subject to IRS scrutiny. The best way to assess a provider’s qualifications is to confirm whether the person conducting your study is a Certified Cost Segregation Professional (CCSP) … Read More
Follow KBKG on Social Media Linkedin Facebook X-twitter Youtube Many CPAs likely come across clients who have historically mis- or over-capitalized expenditures, particularly in real estate, retail or manufacturing. Fortunately, tax preparers don’t need to amend years of returns to correct these issues. The IRS offers a fix for this with Form 3115 (Application for … Read More
Follow KBKG on Social Media Linkedin Facebook X-twitter Youtube By Amar Patel | Principal, Cost Segregation Cost Segregation remains one of the most powerful tax strategies for real estate investors, allowing them to accelerate depreciation and maximize deductions. On February 6, 2025, the IRS published the latest edition of the Cost Segregation Audit Techniques Guide (ATG), … Read More
Follow KBKG on Social Media Linkedin Facebook X-twitter Youtube By Amar Patel | Principal, Cost Segregation Real estate investors know that tax strategies can make all the difference in maximizing profits. One of the most powerful, yet underutilized, tools available is the short-term rental (STR) loophole. This allows real estate investors to utilize property-related rental losses … Read More
When a property is acquired in a Section 1031 like-kind exchange, tax preparers should consider several facts before deciding how to best depreciate the carryover basis from a relinquished property. When a cost segregation study is also considered on the newly acquired property, additional analysis is recommended before finalizing the 1031 tax basis calculations. To … Read More
By Amar Patel | Principal, Cost Segregation In a speech to a joint session of Congress, President Trump outlined priority tax legislation expected later this year to restore provisions of the Tax Cuts and Jobs Act (“TCJA”), which includes “providing 100% expensing, retroactive to January 20, 2025”. This leads many to believe that 100% Bonus Depreciation … Read More
Thought leadership provided by Eddie Price | Principal – Cost Segregation For a long time, the concept of cost segregation has been a powerful tax-saving strategy for real estate investors, enabling property owners to significantly increase their cash flow by accelerating depreciation on certain assets. With the phasing down of bonus depreciation — from 100% … Read More
By Jonathan Tucker | Principal, Research & Development Tax Credits In a significant move after months of waiting, the Senate voted on the highly anticipated tax relief for American Families and Workers Act, aimed at easing the financial burden on millions of Americans. Championed by Senate Majority Leader Chuck Schumer to bring a vote in … Read More
By Eddie Price & Amar Patel | Principals – Cost Segregation After years of 100% bonus depreciation, rates have recently fallen to 80% for 2023 and 60% for 2024, which has motivated some real estate investors to look for additional strategies to offset taxable income. Section 179 of the tax code offers taxpayers the opportunity … Read More