Making the CARES Act Work for Your Business
Specific Tax Provisions to Leverage for Optimized Results The March 27th, 2020 signing of the Coronavirus Aid, Relief, and Economic Support (CARES) Act created immediate economic support in the form of loans, subsidies, and much-needed tax relief, including several important tax provisions. The CARES Act increases interest expense
How the CARES Act Can Help Real Estate Companies
On March 27, 2020, the President signed the Coronavirus, Aid, Relief, and Economic Security (CARES) Act to support the economy with loans, subsidies, and some much-needed tax relief. One highly-anticipated tax provision was a fix to the definition of Qualified Improvement Property (QIP) to allow for a 15-year life
Opportunity Zones Impact Investing – More Than Just Tax Savings
On Wednesday, February 5, Barnes Dennig (BD) and Buechner Haffer Myers & Koenig (BHMK) hosted a panel discussion on Opportunity Zones. In an intimate, small group setting, our attendees were able to hear useful information, personal stories and some nationally recognized news from our panelists, which included: Brian Redden (BHMK)
What You Need to Know: Self-Rentals and Negative Tax Capital Accounts
This blog is part of an ongoing series highlighting tips and strategies that could help you benefit from or better manage your real estate interests. Be sure to check back to our Real Estate blog frequently to learn more. Did you Know: Self-Rentals Did you know that rental income to
Qualified Opportunity Zones: Two New Ways to Benefit
Two Opportunity Zone (OZ) related initiatives were announced last week that benefit small businesses operating in OZs as well as homebuyers that may purchase a house in an OZ. These initiatives open up the OZ playing field in a way that will allow for even more people to benefit. For
Contributions of Property to a Qualified Opportunity Zone Fund
An excerpt from our Opportunity Zone Expo Panel Discussion on November 14, 2019 Before the second round of the proposed rules, the only way for investors to purchase an interest in a Qualified Opportunity Zone Funds (QOF) was with cash. Round Two of the proposed regulations allowed for QOFs to