Tax Cuts and Jobs Act

Intro to Cost Segregation by Julio Gonzalez, National Tax Reform Expert

  WEST PALM BEACH, FLA./ DECEMBER 05, 2018 (STL.News) Background of Cost Segregation Cost Segregation revolves around the ability of a taxpayer to optimize their depreciation deductions. The Internal Revenue Code (IRC) allows taxpayers to claim depreciation deductions that reflect the natural wear and tear of property used for business purposes. Further, the IRC requires … Continue reading Intro to Cost Segregation by Julio Gonzalez, National Tax Reform Expert

Frederick County Launches Website to Highlight Local Opportunity Zones

  FREDERICK, MD/ OCTOBER 15, 2018 (STL.News) The Opportunity Zone program is a nationwide initiative administered by the U.S. Treasury and created under the 2017 Tax Cuts and Jobs Act. The program allows investors to receive federal tax incentives by investing their capital gains into select communities (Opportunity Zones) via special investment vehicle called Opportunity … Continue reading Frederick County Launches Website to Highlight Local Opportunity Zones

Washington, DC | House Passes First Phase of Tax Reform 2.0

Washington, DC – Congressman Doug LaMalfa (R-Richvale) issued the following statement after the House passed H.R. 6756, the American Innovation Act, H.R. 6757, the Family Savings Act, and H.R. 6760, the Protecting Family and Small Business Tax Cuts Act. LaMalfa said: “The Tax Cuts and Jobs Act has already been transformative for the American economy. … Continue reading Washington, DC | House Passes First Phase of Tax Reform 2.0

Federal Tax Cut Will Inject Nearly $40 Billion into the Housing Market

SEATTLE/ May 17, 2018 (STLRealEstate.News) — The Tax Cuts and Jobs Act enacted at the end of last year could result in tens of billions of dollars being reinvested into the housing market, according to the Zillow Housing Aspirations Report™[i]. This is despite the fact that legislation expressly limited a number of longstanding tax benefits … Continue reading Federal Tax Cut Will Inject Nearly $40 Billion into the Housing Market

Outlook for Real Estate Industry for Rest of 2018 is Promising, Says Latest ULI Real Estate Economic Forecast; Survey of Economists Suggests Boost from Federal Tax Reform Law

WASHINGTON/ April 18, 2018 (STLRealEstate.News) — The U.S. real estate industry is, in general, expected to be stronger than previously anticipated through 2018, according to the latest economic forecast from the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate. The ULI Real Estate Economic Forecast, which includes predictions over three years, is … Continue reading Outlook for Real Estate Industry for Rest of 2018 is Promising, Says Latest ULI Real Estate Economic Forecast; Survey of Economists Suggests Boost from Federal Tax Reform Law

Tax Reforms Make Greenwich, CT the Smart Investment

GREENWICH, Conn./ April 17, 2018 (STLRealEstate.News) — Greenwich has long been one of the most desirable suburbs for New Yorkers to escape city life. Though viewed as a destination afforded only by hedge fund managers and celebrities, new tax reforms have made Greenwich more affordable than neighboring towns. Comparing taxes to nearby towns such as … Continue reading Tax Reforms Make Greenwich, CT the Smart Investment

BlumShapiro Releases Top 10 Tax Tips of GOP Tax Reform Bill

BOSTON/ February 19, 2018 (STLRealEstate.News) –BlumShapiro, the largest regional business advisory firm based in New England, has released a summary of the top ten key points Massachusetts businesses and individuals should be aware of regarding the GOP Tax Reform Bill. The tax cuts and jobs act was signed into law on December 22nd and marked … Continue reading BlumShapiro Releases Top 10 Tax Tips of GOP Tax Reform Bill

Tax Reform Looks Out for Historic Properties but at a Cost

DALLAS/ Jan. 22, 2018 (STLRealEstate.News) — The Tax Cuts and Jobs Act (the “Act”) fortunately preserved the Federal Rehabilitation Credit, also known in the industry as the Historic Tax Credit (HTC), but with some significant changes. A 20% income tax credit is available under Internal Revenue Code (IRC) Section 47 for the rehabilitation of certified … Continue reading Tax Reform Looks Out for Historic Properties but at a Cost

Changing Tax Codes Impact Assistance Dog Services for People with Disabilities

SANTA ROSA, Calif./ Dec. 29, 2017 (STL.NEWS) — Big changes are coming for the 2018 tax year after the passage of the Tax Cuts and Jobs Act of 2017, and it may be impacting those organizations that need charitable gifts most—those charities like Canine Companions for Independence® that provide life-changing assistance dogs to children, veterans … Continue reading Changing Tax Codes Impact Assistance Dog Services for People with Disabilities

NAIOP Welcomes Implementation of Sweeping Tax Reform Measure

WASHINGTON/Dec. 22, 2017 (STLRealEstate.News) — NAIOP, the commercial real estate development association representing more than 19,000 developers, owners, investors and practitioners, welcomes the Tax Cuts and Jobs Act of 2017, signed today by President Donald J. Trump after being passed by Congress this week. The bill is expected to boost economic growth by reducing tax … Continue reading NAIOP Welcomes Implementation of Sweeping Tax Reform Measure

Tax Bill Raises Concerns About Homeownership; Most Will Change Buying Or Selling Plans

SANTA CLARA/ Calif., Dec. 21, 2017 (STLRealEstate.News) — A new nationwide consumer survey from realtor.com® shows that the Tax Cuts and Jobs Act passed by Congress on Dec. 20 is raising anxiety about owning a home, with a majority of respondents reporting that the tax bill makes them either “concerned” (36.2 percent) or “very concerned” … Continue reading Tax Bill Raises Concerns About Homeownership; Most Will Change Buying Or Selling Plans

Realtors® Say Tough Work Still Ahead as Tax Reform Bill Heads to President’s Desk

WASHINGTON/ Dec. 20, 2017 (STLRealEstate.News) — The U.S. House and Senate today passed the conference agreement of the “Tax Cuts and Jobs Act,” marking a near end-of-the-road for Congress’s tax reform efforts this year. The president is expected to sign the bill later this week. The National Association of Realtors® raised strong objections earlier in … Continue reading Realtors® Say Tough Work Still Ahead as Tax Reform Bill Heads to President’s Desk

Family Research Council Praises the Pro-Family Tax Cuts and Jobs Act

WASHINGTON/ Dec. 20, 2017 (STL.NEWS) — Today the Congress took a major step forward in reforming America’s tax code as both chambers passed the final conference version of the Tax Cuts and Jobs Act (H.R. 1). This legislation is the first major overhaul of the country’s tax code in over thirty years. The bill now … Continue reading Family Research Council Praises the Pro-Family Tax Cuts and Jobs Act