by Greg Bryant | Sep 5, 2013 | Commercial Real Estate, Cost Segregation, Tax Planning
Retaining walls: moved to15-year. Wiring for equipment: moved to 5-year. Decorative moveable walls: moved to 5-year. An increased return on your investment in this abysmal economy: PRICELESS! Your walls know that with provisions like Bonus...
by Greg Bryant | Jul 18, 2013 | Commercial Real Estate
The Court of Appeals for the Eleventh Circuit, affirming the Tax Court, has concluded that for depreciation purposes, a taxpayer couldn’t unilaterally change its original purchase price allocations in two asset purchase agreements entered into in connection with...
by Greg Bryant | Mar 20, 2013 | Commercial Real Estate
Parking Structures Recently there has been much discussion regarding the IRS General Counsel Memorandum # 20125201F. The memorandum pertains to the recommended assessment of a §6662 penalty on a taxpayer who took the position that an open air parking structure was a...
by Greg Bryant | Sep 19, 2012 | Commercial Real Estate, Tax Planning
As we get ready to wrap-up the third quarter of 2012, it is a great time to explore the potential benefits of the various engineering-based tax solutions available today. Tax tools such as cost segregation, EPAct/Section 179D, and now the temporary regulations for...
by Greg Bryant | Mar 14, 2012 | Commercial Real Estate, Cost Segregation
While the title of this article probably invokes a response from the reader such as “well – that’s a no-brainer”, that is exactly what happened in the case of AmeriSouth XXXII, Ltd v. Commissioner of Internal Revenue. The recently released T.C. Memo 2012-67 has...
