real estate

Tenancy-in-Common Can Help Estate Planning

If your estate includes significant real estate investments, the manner in which you own these assets can have a dramatic effect on your estate plan. One versatile estate planning option to consider is tenancy-in-common (TIC) ownership. What is tenancy-in-common? A TIC interest is an undivided fractional interest in property. Rather

2021-09-28T13:10:14-06:00September 28th, 2021|

Cost Segregation Study May Help Accelerate Depreciation Deductions

Businesses that acquire, construct or substantially improve a building — or did so in previous years — should consider a cost segregation study. It may allow you to accelerate depreciation deductions, thus reducing taxes and boosting cash flow. And the potential benefits are now even greater due to enhancements to

2021-04-12T14:55:53-06:00October 31st, 2018|

Be Aware of the Ins and Outs of Holding Joint Title to Property

Owning assets jointly with one or more children or other heirs is a common estate planning “shortcut.” But like many shortcuts, it can produce unintended — and costly — consequences. Advantages There are two potential advantages to joint ownership: convenience and probate avoidance. If you hold title to property with

2021-04-12T14:58:04-06:00May 11th, 2017|

The Section 1031 Exchange: Why it’s Such a Great Tax Planning Tool

Like many business owners, you might also own highly appreciated business or investment real estate. Fortunately, there’s an effective tax planning strategy at your disposal: the Section 1031 “like kind” exchange. It can help you defer capital gains tax on appreciated property indefinitely. How it works Section 1031 of the

2021-04-12T14:58:19-06:00March 20th, 2017|
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