{"id":97197,"date":"2022-05-17t00:00:09","date_gmt":"2022-05-17t04:00:09","guid":{"rendered":"\/\/www.g005e.com\/?p=97197"},"modified":"2022-12-22t00:40:12","modified_gmt":"2022-12-22t05:40:12","slug":"thinking-commercial-real-estate-think-fast","status":"publish","type":"post","link":"\/\/www.g005e.com\/2022\/05\/17\/thinking-commercial-real-estate-think-fast\/","title":{"rendered":"thinking commercial real estate? think fast."},"content":{"rendered":"

warn clients: do the deal, get the cost seg study, and claim the bonus depreciation before it sunsets.<\/strong><\/p>\n

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gonzalez:<\/strong> clients should act now, while the percentage of the allowed bonus depreciation is tipping in their favor.<\/figcaption><\/figure>\n

by julio gonzalez<\/em>
\nengineered tax services<\/a><\/em><\/p>\n

julio gonzalez, founder and ceo of engineered tax services<\/a>, has been named among the accounting today top 100 most influential people. gonzalez has been a pioneer in bringing specialized engineering tax studies to local cpa firms and mainstream america, which historically had only been available to fortune 500 through national accounting firms.\u00a0 engineered tax services also owns the growth partnership, able: crm for accountants, and inside public accounting.<\/em><\/h6>\n

alas, the 100 percent bonus depreciation rule\u2014the federal tax law under the tax cuts and jobs act (tcja) of 2017 that made it possible for taxpayers to write off a property\u2019s reallocation in the year of acquisition\u2014will begin to sunset at the end of this year.<\/p>\n

more in tax practice:<\/strong> new small firm cost seg opportunities<\/a> | what gig workers want<\/a> |\u00a0<\/strong>survey: big worries for u.s. and small business<\/a>\u00a0 | \u00a0working harder for every dollar<\/a>\u00a0 | \u00a0for a few: why busy season 2022 beats 2021<\/a>\u00a0|\u00a0\u00a0can the r&d tax credit be used to offset the amt?<\/a>\u00a0 |\u00a0\u00a021 reasons tax clients fire accountants<\/a>\u00a0 |\u00a0\u00a0unhappy about tax season?<\/a>\u00a0 |\u00a0\u00a0individual tax refunds up 13%<\/a>\u00a0 |\u00a0shut down the tax charlatans<\/a>\u00a0\u00a0 |\u00a0eight quick, easy ways to fix irs filing<\/a>\u00a0\u00a0 |\u00a0\u00a0a tax season worse than 2021?<\/a>\u00a0 |\u00a0\u00a016 traits of the best tax clients<\/a>\u00a0 |\u00a0irs under covid: heroes or goats?<\/a><\/p>\n

\"goprocpa.com\"exclusively for pro members.\u00a0<\/strong>log in here<\/a>\u00a0or\u00a02022世界杯足球排名 today<\/a>.<\/p><\/blockquote>\n

in its place in 2023, an 80 percent bonus depreciation will be allowed for properties acquired in 2023, scaling down to 60 percent in 2024 (for properties acquired in 2024), 40 percent in 2025 (for properties acquired in 2025), 20 percent in 2026 (for properties acquired in 2026), and then zero percent in 2027 and later years for properties acquired in 2027 and afterward.<\/p>\n

it\u2019s important to note for your clients in real estate that bonus depreciation is applied to a property based on the year it was purchased (although there are some exceptions to this rule). and taxpayers can only claim bonus depreciation retroactively within two tax years of the original placed-in-service date. read more →<\/a><\/p>\n