by Capstan Tax Strategies | Sep 7, 2022 | Capstan News, Cost Segregation, Taxation
EPAct 179D and 45L have been part of the tax code since 2006. The Inflation Reduction Act of 2022 (IRA) was signed into law August 16, 2022. The Act includes several major updates to federal energy-efficiency tax incentives that may be of interest to Capstan... 
by Capstan Tax Strategies | Aug 31, 2022 | Capstan News, Featured
Ty Wimmer Project Engineer Welcome to a new monthly feature in which we go behind “Behind the Scenes” to learn more about a member of the Capstan team. If you’d like to see someone specific featured, let us know! It’s fitting that Ty Wimmer was the lucky... 
by Capstan Tax Strategies | Aug 10, 2022 | Asset Management, Capstan News, Tangible Property Regulations, Taxation
It’s not your imagination – there are more and more non-profit tenants turning up in formerly retail spaces. At Capstan we are seeing many retail and office buildings bringing non-profit or government tenants into their properties. How does this impact the way... 
by Capstan Tax Strategies | Aug 8, 2022 | Capstan News
Jacob Wood Regional Director of Business Development Welcome to a new monthly feature in which we go behind “Behind the Scenes” to learn more about a member of the Capstan team. If you’d like to see someone specific featured, let us know! Jacob Wood hasn’t... 
by Capstan Tax Strategies | Aug 8, 2022 | Capstan News
It’s official – we’ve hit them all! Capstan engineers have braved the scorching deserts of New Mexico, the glacial tundra of Alaska, and the swampy marshlands of the Florida Everglades. From the bustling pavements of New York to the sunny shores of California,... 
by Capstan Tax Strategies | Jul 18, 2022 | Capstan News, Cost Segregation, Featured
On 6/1/2022 the IRS updated its Cost Segregation Audit Techniques Guideline (ATG) for the first time since 2017. On Page 1 of the Introduction, the ATG states that it is “…not intended as an official IRS pronouncement. Accordingly, it may not be cited as... 
by Capstan Tax Strategies | Jul 11, 2022 | Capstan News, Cost Segregation, Featured
It’s easy to underestimate the 45L Tax Credit. Over the years, the EPAct 179D Deduction has gotten a great deal of press, with 45L often presented as an afterthought, if at all. However, this oft overlooked incentive brings tremendous benefit, and is a key strategy... 
by Capstan Tax Strategies | Jul 7, 2022 | Capstan News, Featured
Ziv Carmel Director of Engineering Welcome to a new monthly feature in which we go behind “Behind the Scenes” to learn more about a member of the Capstan team. If you’d like to see someone specific featured, let us know! After 20+ years in the cost seg industry... 
by Capstan Tax Strategies | Jun 13, 2022 | Capstan News, Cost Segregation, Featured
1. The concept is simple. Any given property contains a multitude of different assets, and each of them can be expected to have a different useful life. For example, you can confidently expect marble flooring to last a lot longer than say, carpet tile. The IRS... by Capstan Tax Strategies | Jun 9, 2022 | Capstan News, Featured
Andy Murdie Project Engineer Welcome to a new monthly feature in which we go behind “Behind the Scenes” to learn more about a member of the Capstan team. If you’d like to see someone specific featured, let us know! Project Engineer Andy Murdie is the... 
by Capstan Tax Strategies | May 17, 2022 | Capstan News, Featured
“R&D Tax Credits? We’re a bottling plant, not a science lab. I doubt we’re eligible…” A common misconception is that the R&D Tax Credit is only available to businesses engaged in traditional scientific experimentation – pharmaceuticals, biomedical research,... 
by Capstan Tax Strategies | May 9, 2022 | Capstan News, Featured
Welcome to a new monthly feature in which we go behind “Behind the Scenes” to learn more about a member of the Capstan team. If you’d like to see someone specific featured, let us know! Lindsey King is a renaissance woman. You probably know her as Capstan’s... 
by Capstan Tax Strategies | Apr 11, 2022 | Capstan News, Taxation
The multifamily market remains very strong as an investment. Along with providing the opportunity to earn rental income, multifamily projects offer a number of tax benefits to the thoughtful investor. In fact, we’re finding that investors view the tax savings... 
by Capstan Tax Strategies | Mar 25, 2022 | Capstan News, Taxation
As they say, the only constant is change. Many readers are aware that bonus depreciation rates are set to begin phasing down in 2023. Beginning 1/1/2023, bonus will shift from 100% to 80%, and the rate will continue to decline by 20% annually through 2026. In 2023,... by Capstan Tax Strategies | Mar 23, 2022 | Capstan News
Regular readers follow this blog for up-to-date tax information, enriching educational opportunities, and innovative real estate strategies. It’s not too often that we share something more personal, but we can’t keep this news to ourselves. Capstan Tax Strategies has... by Capstan Tax Strategies | Jan 11, 2022 | Capstan News
Terri S. Johnson, a partner at Capstan, recently contributed a very timely guest blog to PICPA. Bonus depreciation rates will start stepping down after this year – what might this mean for the multifamily sector? For Terri’s take, visit:... by Capstan Tax Strategies | Nov 5, 2021 | Capstan News
What’s So Great About the TPRs? Join Capstan Partner Terri S. Johnson as she sings the praises of the Tangible Property Regulations. Terri’s attitude is contagious, and you’ll find yourself excited about expensing options, enthused about the BAR and Materiality Tests,... by Capstan Tax Strategies | Oct 26, 2021 | Capstan News
Focus on the Market: Triple Net Lease or NNN Properties The triple net lease market includes a diverse group of property types such as quick-service restaurants (QSR), dollar stores, retail pharmacies, and single-tenant office buildings. Properties with a triple net... by Capstan Tax Strategies | Oct 12, 2021 | Capstan News
Non-profit tenants are popping up all over, and CPAs are often confused about depreciation of these properties. We’ve gotten so many questions lately… How do I treat this tax-exempt non-residential real estate? MACRS or ADS? What about the associated tax-exempt... by Capstan Tax Strategies | Aug 11, 2021 | Capstan News
Prefer to Listen? Download this podcast episode! On this episode of the Capstan Live podcast Capstan Managing Partner Terri S. Johnson, CRE, takes us on a lively walk through the Life Cycle of Real Estate. We’ll discuss the utility of cost segregation at each stage... by Capstan Tax Strategies | Aug 9, 2021 | Capstan News
Prefer to Listen? Check out our podcast on assisted-living facilities! Found in many shapes and sizes, assisted-living facilities are an evergreen property type long favored by investors and developers. Similar to a multifamily property, the assisted-living facility... by Capstan Tax Strategies | Aug 9, 2021 | Capstan News
Prefer to Listen? Check out our new podcast on QIP! Qualified Improvement Property (QIP) was introduced to the federal tax code via the PATH Act of December 2015. Initially, QIP was conceived as a vehicle by which base building assets might become eligible for bonus... by Capstan Tax Strategies | Jul 13, 2021 | Capstan News
We’re proud to announce the launch of our new podcast! The Capstan Tax Strategies team is known for cutting-edge industry insight, technical precision, and of course, our great personalities. Capstan LIVE delivers more of the same – straight to you! We’ll take on... by Capstan Tax Strategies | Jul 1, 2021 | Capstan News
Remote Work & Mobility Leads Counselors’ 2021-22 List Jenkintown PA — Terri S. Johnson, CRE, and Bruce Johnson, CRE announced the current and emerging issues expected to have the most significant impact on real estate, as identified by The Counselors of Real... by Capstan Tax Strategies | Jun 3, 2021 | Capstan News
CAPSTAN TAX STRATEGIES: THE OFFICIAL COST SEGREGATION PROVIDER OF PICPA’S “FIRM ALLIANCE” PHILADELPHIA, PA, January 12, 2021 – Capstan Tax Strategies is pleased to announce their selection as the Official Cost Segregation Provider of the PICPA Firm Alliance. The... by Capstan Tax Strategies | May 6, 2021 | Capstan News
A staple of property development in the urban setting, mixed-use properties provide a great opportunity to get the most out of a piece of land. A typical development will contain a mix of differing property types – you might see a combination of office and retail, a... by Capstan Tax Strategies | Apr 22, 2021 | Capstan News
Focus on the Market: Medical Office Properties April 2021 Today we will consider a property type that has been a growing focus for federal tax strategies such as cost segregation: the medical office building (MOB). The MOB market remains robust even in our turbulent... by Capstan Tax Strategies | Apr 6, 2021 | Capstan News
Focus on the Market: Self-Storage Properties April 2021 We are pushing through this extended tax filing season. Every tax season we at Capstan have the privilege to work with many great clients and see all kinds of different property types. Each type is unique, and... by Capstan Tax Strategies | Feb 18, 2021 | Capstan News
We are pleased to announce the recent hiring of two additions to the Capstan Tax Strategies team. Join us in welcoming our new Regional Directors. MEET ISAAC DOWNING, REGIONAL DIRECTOR, WEST COAST Over the last decade, Isaac Downing has played every role in... by Capstan Tax Strategies | Feb 4, 2021 | Capstan News
The Consolidated Appropriations Act of 2021 (the “CAA” or the “Act”) was signed into law on December 27, 2020. At 5,593 pages, the Act is one of the largest in history, and can be viewed in full at here. The CAA establishes funding for government operations... 