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.
The IRS designation of a Real Estate Professional carries significant tax advantages, but qualifying isn’t automatic. If you’re investing time and effort into managing rental properties, understanding the IRS criteria could lead to major tax savings. Let’s break down the requirements, what they mean, and how you can determine if you qualify. What is an […]
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When assessing the value of a commercial property, investors and owners consider various factors such as location, market conditions, and rental income. However, a lesser-known yet powerful tool—cost segregation—can significantly impact a property’s financial valuation. By accelerating depreciation, cost segregation enhances cash flow, reduces tax liability, and ultimately improves the net operating income (NOI), a […]
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When a property becomes too costly to maintain, generate income from, or sell, owners may consider abandoning it. While walking away from a property might seem like the easiest option, doing so can trigger serious legal and tax consequences. Whether you’re a commercial real estate owner, investor, or advisor, understanding the implications of property abandonment […]
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In a landmark legislative win for congressional Republicans and the Trump administration, the “One Big Beautiful Bill” has officially passed both chambers of Congress and is now law. This sweeping reconciliation package cements key provisions from the 2017 Tax Cuts and Jobs Act (TCJA), expands select deductions, and reshapes the tax and entitlement landscape for […]
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