KBKG Tax Alert: Proposed Bill Fixes 174 Capitalization and Cuts Off New ERC Claims

KBKG Tax Alert: Proposed Bill Fixes 174 Capitalization and Cuts Off New ERC Claims

01/16/2024

KBKG Tax Alert: House passes proposed bill to Fix 174 Capitalization, Extend 100% bonus depreciation, and Cut Off New ERC Claims, now in Senate consideration. Proposal Aims to Boost Businesses with Immediate Deductions for Domestic Research and Experimental (R&E) Expenditures and Capital Investments on qualified property while reining in the Employee Retention Credit (ERC). The … Read More

Cost Segregation for Airbnb, Vrbo, HomeAway

Cost Segregation for Airbnb, Vrbo, HomeAway

11/18/2023

Cost Segregation for Airbnb, Vrbo, HomeAway If you’re an Airbnb, Vrbo, or HomeAway host, you’re likely familiar with the complexities of managing and optimizing rental properties. What you may not be aware of, however, is a powerful financial tool that can help you maximize your property’s financial benefits while minimizing your tax liability – Residential … Read More

Unlocking Hidden Value: The Power of Cost Segregation Studies

Unlocking Hidden Value: The Power of Cost Segregation Studies

10/17/2023

Unlocking Hidden Value: The Power of Cost Segregation Studies Optimizing tax benefits and enhancing cash flow are pivotal to achieving financial success in finance and real estate. One strategy with significant potential is cost segregation. Dive into cost segregation basics, explore what a cost segregation study entails, understand its timing and relevance, and discover KBKG’s … Read More

KBKG’s Residential Cost Segregator

KBKG’s Residential Cost Segregator

10/10/2023

KBKG’s Residential Cost Segregator Cost segregation is a powerful tool for maximizing tax benefits on real estate investments. This IRS-approved strategy can speed up depreciation, but harnessing the solution’s full potential requires professional expertise. That’s where KBKG’s Residential Cost Segregator® comes in. Our revolutionary program spotlights tax advantages typical owners miss. Explore residential cost segregation, … Read More

Accelerate Deductions for Better Cash Flow With KBKG

Accelerate Deductions for Better Cash Flow With KBKG

10/09/2023

Accelerate Deductions for Better Cash Flow With KBKG Tax professionals often face residential cost segregation challenges when dividing expenses for multi-unit properties. If this struggle sounds familiar, you might be missing the necessary tools and resources for a successful real estate cost segregation allocation. KBKG streamlines and simplifies the process with our Residential Cost Segregator® … Read More

KBKG’s Approach to Residential Cost Segregation

KBKG’s Approach to Residential Cost Segregation

10/08/2023

KBKG’s Approach to Residential Cost Segregation Here at KBKG, we conduct in-depth cost segregation studies for a number of clients. Our studies can help you reduce your tax burden and save money. We realize that performing a residential cost segregation study can be intimidating, so we work closely with you every step of the way. … Read More

Residential Cost Segregation – The Basics

Residential Cost Segregation – The Basics

10/07/2023

Residential Cost Segregation – The Basics A real estate cost segregation study is a tax planning process used by property owners who have constructed, purchased, or remodeled any type of income-generating property. The study allows them to accelerate depreciation deductions, which can defer state and federal income taxes and increase cash flow. If you are … Read More

Can You Do Cost Segregation on Residential Rental Property

Can You Do Cost Segregation on Residential Rental Property

10/06/2023

Can You Do Cost Segregation on Residential Rental Property? If you’re a real estate investor or property owner, you’ve probably heard about cost segregation and how it can help you maximize tax benefits. But can you do cost segregation on residential rental property? The answer is “yes.” Below, we explore how cost segregation works for … Read More

KBKG Tax Insight:  Qualified Improvements, Bonus Depreciation, and 179

KBKG Tax Insight: Qualified Improvements, Bonus Depreciation, and 179

09/20/2023

KBKG Tax Insight: Qualified Improvements, Bonus Depreciation, and 179 By John Manolos | Senior Manager – Cost Segregation With the passage of the CARES Act on March 27, 2020, Congress addressed the much anticipated “Retail Glitch” associated with the 2017 Tax Cuts and Jobs Act (TCJA). This rule previously prevented investments in qualified improvement property … Read More

Cost Segregation: How It Can Benefit Your Business

Cost Segregation: How It Can Benefit Your Business

09/19/2023

Cost Segregation: How It Can Benefit Your Business Tax planning is a vital part of any company’s financial strategy. At its core, it focuses on legal ways of optimizing tax breaks and reducing liabilities. Maybe you’ve heard the term “cost segregation” used by tax professionals. You may wonder, “What is a cost segregation study and … Read More

Cost Segregation for Residential Property

Cost Segregation for Residential Property

07/08/2023

Cost Segregation for Residential Property A cost segregation real estate analysis is a tax planning method used by companies and individuals who have remodeled, constructed, or purchased any type of real estate. This method allows them to accelerate depreciation deductions, which in turn defers federal and state income taxes and increases cash flow. If you … Read More

Can You Do Cost Segregation for Commercial Real Estate?

Can You Do Cost Segregation for Commercial Real Estate?

07/08/2023

Can You Do Cost Segregation for Commercial Real Estate? Claiming tax benefits can help you avoid losing money on your commercial real estate investments, especially if you intend to operate your properties for years to come. A common tax benefit is to claim your buildings on your tax form as depreciations. Using cost segregation for … Read More

Cost Segregation and Allocation for Mixed-Used Properties: What You Need To Know

Cost Segregation and Allocation for Mixed-Used Properties: What You Need To Know

07/08/2023

Cost Segregation and Allocation for Mixed-Used Properties: What You Need To Know Seasoned tax professionals and CPAs understand the importance of cost segregation real estate studies. Mixed-use buildings present notable tax complexities, especially with applicable IRS regulations. A Certified Cost Segregation Professional (CCSP) can help with navigating these complexities. A condo tax basis allocation and … Read More

How Does Cost Segregation Work for Residential Real Estate?

How Does Cost Segregation Work for Residential Real Estate?

07/08/2023

How Does Cost Segregation Work for Residential Real Estate? Cost segregation in real estate is a way for real estate investors to deduct from their taxes the amount of depreciation or the decline over time of the value of their property. Real estate cost segregation presents an opportunity for property owners to pay fewer taxes … Read More

Choosing the Best Cost Segregation Provider

Choosing the Best Cost Segregation Provider

07/08/2023

Choosing the Best Cost Segregation Provider If you own an investment property, you know that depreciation of the structure can take 10-40 years or more, which means it can be quite a long time before you see the tax benefits from it. What you might not know is that you can receive deductions for non-structural … Read More

Tax Professionals for Cost Segregation

Tax Professionals for Cost Segregation

07/08/2023

Tax Professionals for Cost Segregation A cost segregation real estate analysis is a type of strategic tax tool allowing individual property owners and companies who have constructed, modified, or remodeled any property to accelerate cash flow by increasing depreciation deductions. This depreciation can help property owners defer state and federal income taxes to some degree. … Read More

Best Cost Segregation Studies for Real Estate

Best Cost Segregation Studies for Real Estate

07/07/2023

Best Cost Segregation Studies for Real Estate Cost segregation is a tax planning tool that allows property owners who have purchased, constructed, or expanded any type of building to improve their cash flow and reduce their tax burden by deferring state and federal income taxes. When you purchase or construct a building, you are also … Read More

KBKG Experts Appointed to the Board of the American Society of Cost Segregation Professionals

KBKG Experts Appointed to the Board of the American Society of Cost Segregation Professionals

06/28/2023

Eddie Price, CCSP, was elected President of the American Society of Cost Segregation Professionals (ASCSP) for a two-year term, effective August 1, 2023. Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded, or remodeled real estate to increase cash flow by accelerating depreciation deductions and deferring … Read More