After the rollercoaster of past two years, every business should take advantage of a lease audit to evaluate their real estate portfolio.
” Location, location, location ” has long been the mantra of the real estate, and by extension, construction industries, but remote work, online shopping, and the decline in business travel are forcing owners and investors to reconsider.
2021 was the first full year that the global economy cycled through the pandemic. What were the predictions for the real estate and construction industries, where did we actually end up, and where are we headed in 2022?
Real estate industry outlook: the level of interest in all segments of real estate investment will rise in tandem with the fears that inflation is not transitory.
A cost segregation study can be a great tax planning tool that, documented properly, accelerates depreciation expense and results in reduced tax liability.
The more mundane parts of business – like good record keeping – can get overlooked. But in the long run, it can save you in more ways than one.
With the first 100 days in the rearview mirror, Biden Administration priorities are shifting to the future. Business leaders should prepare for swift movement in ESG, innovation, infrastructure, tax policy, and other areas of focus.
With year-end operating expense reconciliation statements being issued by landlords, it is important for tenants to understand gross-up adjustment clauses and the impact of the unforeseen disruption due to COVID-19 on occupancy.
Home office deduction for real estate investors – do you qualify, and are you hesitant to claim it due to fear of an IRS audit?
With the vaccine rollout underway, the questions for those with real estate holdings are: When will the return to normal occur, will we be dealing with a new normal, what can be done in the meantime, and how can we position ourselves for the upside?
Perhaps the most common reason taxpayers fail to qualify as a real estate professional as far as the IRS is concerned, is inadequate documentation.
Reap the benefits of a 2020 office lease audit by asking these questions and making the necessary preparations now.
