Cost Segregation - Engineering Increased Cash Flow for the Hospitality Industry

Written on September 23, 2014 at 05:44 AM

By Sharif Mitchell, Mid-Atlantic Area Leader / Principal, Paradigm Tax Group, NYC

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Categories: Personal Property, Construction, Real Property, Resorts, Hospitality, Paradigm Info, Hotels, Cost Segregation

Repair Regulations Provide Tax Benefits for Hotel Owners

Written on December 19, 2013 at 06:44 AM

Back in late 2011, the Internal Revenue Service issued temporary and proposed Tangible Property Regulations, also referred to as “repair regulations.” These changes are especially important to those in the hospitality industry, as they apply to the treatment of expenditures incurred in selling, acquiring, producing and improving tangible assets. Repair and maintenance expenses are now deductible if they are not otherwise required to be capitalized. Many of the regulations become permanent in the 2014 tax year, and it is imperative that property owners begin planning for the transition into the new regulations. In addition, property owners are permitted to apply sections of the proposed or final regulations (after their release) to their 2012 or 2013 tax years which translates into additional savings.

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Categories: Personal Property, Construction, Real Property, Resorts, Hospitality, Hotels, Cost Segregation

Appreciating Depreciation in Commercial Properties

Written on January 24, 2012 at 09:54 AM

It is becomes increasingly difficult for commercial property owners to find funding to make necessary improvements in order to retain or enhance their property's value. However, according to BusinessExcellence, cost segregation studies provide property owners an opportunity to write off depreciation of building assets over a shorter period than the 39-year depreciation period that's typical for real property assets in the United States. This in turn can lead to larger tax reductions, allowing the saved expenses to be used for improvements.

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Categories: Personal Property, Real Property, Economy, Cost Segregation

Maximize Your Tax Benefits with Transaction Price Segregation

Written on June 23, 2011 at 10:06 AM

For non-REIT hospitality investors, a Transaction Price Segregation (TPS) performed for the closing of your deal provides you with maximum tax benefits in the form of:

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Categories: Personal Property, Real Property, Hospitality, Cost Segregation

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