This session will raise awareness and give an overview of how to apply the most up-to-date tax strategies and repair regulations on commercial or investment property. Learn how to dramatically increase cash flow and drastically lower taxes through accelerated depreciation. If Learn how to possibly qualify for significant tax savings through cost segregation that could drastically lower tax liability if a commercial building has been purchased, built or renovated, or if improvements have been made (or planned) for leasehold properties. Learn about the tax law changes since 2014 that can be applied to any commercial or investment property valued at over $200,000. Gain an understanding of how to take best advantage of these laws while ensuring compliance with the law.
Learning Objectives:
At the conclusion of this presentation, participants should be able to:
Explain how the changes in tax laws pertaining to commercial and investment property affect individuals.
Determine the risk involved with not complying with these tax law changes.
Discuss engineering-based dost segregation and how it can improve cash flow and reduce tax liability.
Analyze why all kinds of cost segregation are not alike – building systems valuations, audit protection, 3115 preparation – and understand the myths surrounding cost segregation.