NEW YORK--(BUSINESS WIRE)--Better Business Advice has released its comprehensive review of the best cost segregation study services for 2024, featuring two standout firms in the field: Omega ...
Matthew R. Meehan is a leading finance expert and CEO of Shield Advisory Group. He specializes in helping SMEs access credit and capital. Here's something I wish I had known about sooner, and I bet a ...
A few years ago, I helped a client renovate a gorgeous set of cottages that the owner decided to use as short-term rentals. He made good money from the cozy beach bungalows, but hosting family ...
Did you know you can do cost segregation on virtually any property? Cost segregation identifies assets and costs within a property in order to accelerate depreciation. In return, this generates ...
If you haven’t considered a cost segregation study on your property, there is good probability that you haven’t claimed the appropriate amount of depreciation, meaning that you could have missed out ...
As a rule of thumb, investment real estate is purchased for three reasons: income, appreciation and tax shelter. Cash flow and appreciation arguably play the biggest role in determining the worthiness ...
Not long ago, I met with the CFO of a healthcare REIT that owned dozens of outpatient facilities across several states. They had used the same CPA firm for years. Solid, reputable, but not specialized ...
Not long ago, I sat down with an investor who owned a portfolio of manufacturing plants, office space, and a few mixed-use developments. For years, they let their general tax provider handle cost ...
A few years back, I consulted with a developer expanding their mixed-use portfolio across Florida’s Gulf Coast. Their prior cost segregation provider, based out of the Midwest, had applied the same ...
When navigating the complexities of financial management, the cost segregation method can be a helpful tool for optimizing savings within property assets. This method involves identifying and ...
Earlier this year, a multifamily property owner I advise was assessing a cost segregation study for a recently acquired 180-unit complex. They were leaning toward a provider offering a fully remote ...