Depreciation Strategies in Real Estate Finance: Maximizing Bonus Depreciation on Qualified Property
Interplay With Interest Deduction and NOL Rules, Phaseout Considerations
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will offer real estate counsel thorough knowledge of the new depreciation rules enacted under the recent tax reform law and explain how the acquisition and improvement of real estate can be structured to take full advantage of tax depreciation. The panel's discussion will include an analysis of what constitutes "qualified property" and strategies for maximizing depreciation deductions.
- New bonus depreciation rules
- Enhanced Section 179 Deductions
- Extension of Section 179D
- Strategies to maximize depreciation deductions
- Interaction with other areas of tax reform
The panel will review these and other key issues:
- What is "qualified property" under the new tax law?
- When can bonus depreciation be taken on existing property or portions of existing property?
- How do the new interest deduction and NOL rules affect bonus depreciation?
- How should construction be scheduled to take full advantage of bonus depreciation given the phaseout of the deduction from 2023-2026?
Bruce A. Johnson, MBA, CEM
Co-founder and Partner
Capstan Tax Strategies
Mr. Johnson works closely with commercial real estate owners, investors, and accounting firms to provide practical,... | Read More
Mr. Johnson works closely with commercial real estate owners, investors, and accounting firms to provide practical, creative, and client-specific solutions. He is well-versed in engineering-based tax strategies, guiding clients through the long-established benefits of cost segregation while introducing new opportunities now possible under the Tangible Property Regulations and the recent Tax Cuts and Jobs Act.Close
Leonard (Len) Nitti, CPA, MST
Mr. Nitti has a broad range of clientele including closely-held businesses, high net worth individuals, professional... | Read More
Mr. Nitti has a broad range of clientele including closely-held businesses, high net worth individuals, professional athletes, and real estate entities, including affordable housing, green energy incentives, and urban real estate. His knowledge in Federal and State taxation extends far beyond the compliance aspect and encompasses planning, research and problem solving. His major areas of concentration in taxation include real estate, partnership, and state and local tax. Mr. Nitti is a frequent speaker on these topics to CPAs, attorneys, and other professionals through both in-house sessions and seminars sponsored by other organizations. His expertise also includes structuring complex transactions, coordinating voluntary disclosure agreements, exit strategies for real estate owners and identifying tax savings opportunities and other financial incentives for his clients.Close