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A Cost Segregation study allows a taxpayer who owns real estate to reclassify certain assets as Section 1245 property with shorter useful lives for depreciation purposes, rather than the useful life for Section 1250 property. [3] Recent tax law changes under the Tax Cuts and Jobs Act of 2017 (TCJA) have given a boost to cost segregation. Bonus ...
2020s commercial real estate distress was a worldwide spike in commercial real estate distress that began in the 2020s in the wake of the COVID-19 pandemic and interest rates hikes by central banks in response to the 2021 inflation crisis. Although the increase in distress occurred globally it was most acute in the United States and China.
In 1962, "blockbusting" – real estate profiteering – was nationally exposed by The Saturday Evening Post with the article "Confessions of a Block-Buster," which explained how realtors gained profit by frightening white Americans to sell at a loss, in order to quickly resettle to racially segregated "better neighborhoods."
A private, members-only club was approved by the Urban County Planning Commission at a Thursday meeting.
Seldin 1975: Low-income individuals and a not-for-profit housing organization sued a New York State suburb contending that the community's exclusionary principles increased their housing costs. The court ultimately asserted that any harm is a generalized consequence of real estate economics rather than a specific result of the suburb's ...
About 10,000 black people were left homeless, and the cost of the property damage amounted to more than $1.5 million in real estate and $750,000 in personal property (equivalent to $38.43 million in 2023). By the end of 1922, most of the residents' homes had been rebuilt, but the city and real estate companies refused to compensate them. [44]
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