News & Publications

Final regulations and additional proposed regulations were issued for the first-year 100% bonus depreciation deduction. The 2017 tax law expanded the deduction to 100% for qualified property placed in service before the end of 2022. Generally, the bonus then phases out each subsequent year by 20%, until it sunsets in 2027. Eligible property generally must: Fall within the definition of "qualified property;" Be unused property or certain qualifying used property; and Be acquired and placed [...]

With the end of 2019 fast approaching, real estate investors would be wise to take advantage of opportunity zones, a program that provides temporary deferments and permanent exclusion of taxable income to investors who support projects in specific low-income areas. Created by the Tax Cuts and Jobs Act of 2017, the opportunity zones program allows investors to defer taxes owed on capital gains (i.e., profit from a previous investment, usually in stock or property) by [...]

The Federal Reserve Board, the Office of the Comptroller of the Currency, and the FDIC adopted a final rule that will exempt residential real estate transactions of $400,000 or less from appraisal requirements. In addition to raising the appraisal threshold from $250,000 to $400,000, the final rule will: require institutions whose transactions are exempted from the appraisal requirement to get an evaluation of the real property collateral that contains "sufficient information and analysis to support the decision [...]