100% Bonus Depreciation Available for Qualified Improvement Property
Learn more about IRS released Revenue Procedure 2020-25 and how you can change depreciation for qualified improvement property (QIP) under §168 of the Internal Revenue Code.
Coronavirus Relief Provisions for the Real Estate Industry – Recent Developments
Learn what Coronavirus relief provisions have been made available to the Real Estate Industry by means of the Coronavirus Aid, Relief and Economic Security (CARES) Act.
IRS Issues Guidance on Option to Change §163(j) Elections for Real Estate and Farming Businesses
With recent tax law changes contained within the CARES Act, including a technical correction to the definition of Qualified Improvement Property (QIP)
CARES Act - Qualified Improvement Property Technical Amendment
Learn what technical amendments were made to the Qualified Improvement Property provisions due to the passing of the CARES Act.