Tax laws and regulations are constantly changing, and it can be difficult to keep up with it all. In this blog, CSSI experts share their insights around the most relevant issues and developments impacting your tax situation.
The housing market is changing quickly, and one of the newest trends gaining attention is PadSplitting, also referred to as the “rooming house model” or “affordable co-living.” While the concept of renting out individual rooms isn’t new, the practice is resurfacing as investors and communities look for creative ways to address housing shortages and affordability […]
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When it comes to energy efficiency in commercial buildings, two key players often come into focus: ASHRAE and the IRS Section 179D tax deduction. While one sets the technical standard and the other provides financial incentives, they work together to promote sustainable building practices in the U.S. Here’s how they connect, and why it matters […]
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The 179D tax deduction, also known as the Energy Efficient Commercial Building Property tax deduction, has been a valuable incentive for building owners investing in energy-efficient upgrades. But did you know that design-build contractors can also benefit? This comprehensive guide will delve into the intricacies of the 179D tax deduction for contractors, answering your most […]
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When conducting a cost segregation study, one essential consideration is the IRC Section 263A adjustment. While cost segregation focuses on accelerating depreciation by reclassifying building components into shorter recovery periods, Section 263A, often called the “uniform capitalization rules,” requires certain costs to be capitalized to property. Understanding how the 263A adjustment works is key to […]
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