Property Improvements: Are You Missing an Opportunity for Potential Tax Savings?

Property Improvements: Are You Missing an Opportunity for Potential Tax Savings?

By Jack Matasosky
If property improvements are on your mind, you might want to check out this recent article by Mark Colvin. According to his recent article, “Don’t Miss the Potential Tax Savings on Property Improvements,” “businesses that have made recent improvements to their property may be eligible for tax savings.” A recent IRS ruling is the source of this article commentary clarifying when an expenditure qualifies as a deductible repair and when it should be treated as a capital expenditure. […Continue Reading the Full Article]
As with all tax related topics, please consult with a tax and/or accounting professional for advice on your unique business.

Construction Lending - Good News!

Construction Lending is Booming and that is Good News for us all!

"Construction Lending Booming Again" was an article recently published on GlobeStreet.com by Jennifer LeClaire.

Real Estate Leads Economic Improvement through 2015

Real Estate Leads Economic Improvement through 2015 according to NAR

MN Warehousing Tax - Part 1

MN Warehousing Tax – Part 1

MN Warehousing Tax- Part 1 is the first of two reports we are planning to bring to our readers regarding the new warehouse tax on the books for MN businesses. If you are involved in third party warehousing as a part of your business, we are sure you have heard the MN Warehousing Tax is due to go into effect on April 1st. It is actually one of three business to business (B2B) taxes to go into effect in 2014. This specific warehousing tax would impact businesses which provide third party warehousing services, as well as those businesses who utilize these third party services.

What to Look for in Investment Properties

Want to know what to look for in investment properties? This is a great place to start.

Love Real Estate? Thinking about getting into Investment Properties?

Trading Up: The Basics of a 1031 Tax Exchange

Trading Up: The Basics of a 1031 Tax Exchange

A Commercial Real Estate Topic Review of the purpose, rules & options in a 1031 Tax Deferred Exchange

Commercial Property Improvements Equal Tax Benefits in 2013

Are You Missing an Opportunity to Capture 2013 Tax Benefits?

If commercial property improvements are on your horizon, there is still time to improve your commercial property before the end of the year. Did you know there are tax benefits available if you own and lease out commercial real estate? But, you will need to act fast – you have until December 31, 2013 to take advantage of these tax benefits.

MN BACK TO SCHOOL MARKET UPDATE

MN BACK TO SCHOOL MARKET UPDATE

The kids are off to school. It’s time to close up the cabin and focus on getting something done before year end. Fall is always a busy time in the Minnesota commercial real estate market, as we are seeing here at CERRON Commercial Properties.

MN Warehouses Are Under Attack

"MN Warehouses Are Under Attack", according to Jonathan Lamb, president of Lake Superior Warehousing Company, Duluth, "describes the new 6.875% service tax on Minnesota warehouses that, barring repeal, will take effect April 1, 2014."

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