Real estate investors can obtain significant tax benefits by using a popular asset depreciation technique called cost segregation. Using this process, purchasers view a real estate acquisition as not only that of the building and land, but also as tangible personal property and land improvements.
Continue reading “The Tax Benefits of Cost Segregation in Real Estate”
EBITDA is an acronym for Earnings Before (deduction of) Interest, Taxes, Depreciation and Amortization.It’s a way of evaluating a company’s operating performance without considering financing or accounting decisions, or the tax environment.
A Delaware Statutory Trust (“DST”) is a separate legal entity created as a trust under the laws of Delaware in which each owner has a “beneficial interest” in the DST for federal income tax purposes and is treated as owning an undivided fractional interest in the property.
Continue reading “Is a Delaware Statutory Trust Right for You?”
Reconciling your company bank statements does not have to be an onerous chore. Of course, it’s much easier to track customer payments by credit card or check. But what about reconciling your bank statements when it comes to cash receipts? Continue reading “Cross-Reference Your Cash Receipts for Easier – and More Accurate – Bookkeeping”
From time to time, I receive a call from someone who wants me to tell them the value of a business that they want to buy or sell. They provide a few items of information, such as last year’s sales or net income and expect that I will apply a multiple to quickly and easily come up with a value*.
What they are asking me to do is apply a rule of thumb.
Continue reading “Using Rules of Thumb in Valuing a Business”
