Will my business end up owing money?
by Larry Potter, LinkedIn
September 5, 2018

As a business owner you need to be aware that tax code changes have left us with a very small window of time over the next few weeks to get your property benefit.

A cost segregation filed with your 2017 taxes is worth 40% more than one filed next year. The value of your depreciation as a whole just took a huge hit with this tax change, and this is the last year you're allowed to do a "catch up" and reclaim all that money.

Most buildings we’re done during years where tax rates were at their highest, and depreciated things under the assumption that you'd get those deductions "over time". Now, due to the tax changes you still get some of your money, but it's at 21% instead of 35% (therefore, your overall deduction is worth 40% less next year than it is this year).

You still have time to get your benefit, but you need to act fast. As the deadline rapidly approaches many are going to lose out.

The average business client receives over $240,000 in benefits....

Read more...
 
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WealthTransfer.jpg

If you're a commercial property owner…

And you don't know about this NEW tax law, it will cut deductions by 40% unless declared now.

You could be leaving A LOT of money on the table!

If you don't know about it, it's not your fault. Hopefully your CPA has locked these in for you....

You see, while hardworking taxpayers like you are in the dark…

The lawmakers who passed this NEW law are set to collect up to $16 million in income.

There's hundreds of millions at stake!

No wonder Bloomberg called this "a multimillion-dollar windfall."

If you're a taxpayer, you need to act before Oct 15, 2018, you can get a refund going back 20 years.

Your call.......
 
LostMoney.jpg...avoid a 40% cut in tax credits, That's right, Monday the 15th is the deadline.

Property owners need to be aware that tax code changes have left us with a few days to get their property benefit.

A cost segregation filed with your now is worth 40% more than one filed next year. The value of your depreciation as a whole just took a huge hit with this tax change and this is the last year you're allowed to do a "catch up" and reclaim all that money.

Most buildings were done during years where tax rates were at their highest, and depreciated under the assumption that you'd get those deductions "over time". Now, due to the tax changes, you still get some of your money, but it's at 21% instead of 35% (therefore, your overall deduction is worth 40% less next year than it is this year.

With this automated system you still have time to get your benefit, but you need to act VERY fast. Monday, Oct 15 is the deadline.

Build out your own feasibility report now and add as many properties as you wish. You are not going to get a CPA to get this done in time.
 
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