Capstan’s Bruce Johnson takes a close look at 1031 Exchanges and Qualified Opportunity Zones in the Fall 2019 issue of NAIOP’s Developer Magazine. Both have merits and limitations, and the wise investor might find utility in each strategy at different stages of life. In a concise but informative read, Bruce highlights some of the most […]
Article – Depreciation Strategies Under The New Tax Law: What You Need to Know
With 9/15 in the rear-view mirror, it’s time to start gearing up for tax season. A great place to start is with Terri Johnson’s recent article in Real Estate Issues Magazine. Readable and succinct, this article details the impact of key Tax Cuts and Jobs Act provisions on depreciation strategies in TY 2019 and beyond. […]
Terri S. Johnson, CRE, Announces the Top Ten Issues Affecting Real Estate
Infrastructure and Housing Lead 2019-2020 List Jenkintown, Pennsylvania —Terri S. Johnson, CRE, Managing Partner, Capstan Tax Strategies, shared the current and emerging issues expected to have the most significant impact on real estate in 2019 and 2020, as identified by The Counselors of Real Estate. U.S. infrastructure and housing ranked as the leading concerns of […]
Article — A Perfect Match: Choosing Referral Partners that Add Value
As the tax code becomes increasingly complex more and more CPAs find themselves working with specialists. Picking the right referral partner is crucial, and our own Terri Johnson took to the pages of this month’s New Jersey CPA Magazine to share some tips on selecting your firm’s ideal partner. Today’s CPAs serve as true partners […]
IRS Proposed Regulations Offer Guidance Concerning the Deferral of Gains on Investments in a Qualified Opportunity Fund
On April 17, the IRS issued guidance that offered additional information on investments in qualified opportunity zones. The proposed regulations are meant to provide guidance under section 1400Z-2 of the Internal Revenue Code and relate to gains that taxpayers can defer as a result of investing in a qualified opportunity fund (QOF). The proposed regulations […]
Restoring Investment in Improvements Act (H.R. 1869)
Momentum continues to build towards a technical correction of the recovery period for Qualified Improvement Property (QIP). Two weeks ago, U.S. Senators Pat Toomey (R-Pa.) and Doug Jones (D-Ala.) introduced the Restoring Investments in Improvements Act (RIIA), which would firmly establish the recovery period of QIP as 15-year MACRS class life. Yesterday, Congressman Jimmy Panetta […]