Tax laws and regulations are constantly changing, and it can be difficult to keep up with it all. In this blog, CSSI experts share their insights around the most relevant issues and developments impacting your tax situation.
As an owner of residential rental properties, short-term rentals (STRs), or vacation rentals such as Airbnb and VRBO, maximizing cash flow and minimizing tax liability are top priorities. One often overlooked but highly effective tax strategy is cost segregation—a method that accelerates depreciation deductions, significantly reducing taxable income and increasing after-tax cash flow. Understanding Cost […]
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The Section 179D tax deduction, also known as the Energy-Efficient Commercial Buildings Tax Deduction, is a powerful tax incentive designed to encourage energy efficiency in building design and construction. It can provide significant tax savings for building owners, designers, and developers who meet the criteria. If you’re looking to claim a 179D deduction, this guide […]
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Cost segregation is one of the most powerful tax-saving strategies available to commercial property owners. But like many tax strategies, it can become even more impactful when paired with other methods, one of which is grouping. So, what is grouping? And how does it work alongside cost segregation to maximize your tax savings? Let’s break […]
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When investing in commercial or rental property, it’s important to understand how depreciation works, especially when it comes to land improvements. While land itself is not depreciable, enhancements made to the land can generate valuable tax deductions over time. Here’s how to identify, calculate, and maximize depreciation for land improvements. Why Land Improvements Are Depreciable […]
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