Benefits of Separating Business and Real Estate Ownership By: David M. Reape Does your business rely on real estate for operations, or do you currently hold property in your business’s name? It may be time to reconsider this approach. Separating the ownership […]
Ohio Homebuyer Plus Program Helps Ohioans Achieve Dream of Home Ownership On Jan. 9, Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and Treasurer Robert Sprague officially launched the Ohio Homebuyer Plus program, a new savings account plan aimed at promoting […]
Advantages and Disadvantages of Claiming Big First-Year Real Estate Depreciation Deductions By: David M. Reape Your business may be able to claim big first-year depreciation tax deductions for eligible real estate expenditures rather than depreciate them over several years. But should you? It’s not as […]
Defer Tax With a Like-Kind Exchange By: David M. Reape Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax bill on the gain is with a Section 1031 “like-kind” […]
How fraud can scuttle the purchase of your dream home By: Tony LaNasa Buying a home is stressful enough without also having to worry about potential fraud. Unfortunately, real estate fraud is surging. According to Realtor magazine, scams targeting the industry rose 1,100% […]
Depreciation-related breaks on business real estate By: David M. Reape What you need to know to file your 2018 return Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the […]