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 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?
Reap the benefits of a 2020 office lease audit by asking these questions and making the necessary preparations now.