Speaker: Joe DeSantis, President, Carrara Business Services
Format: DVD (USPS Shipping Required)
Duration: 49 minutes
NOTE: Please allow up to three business days for the processing of your order.
Tax-Saving Strategies for Self-Storage Businesses
Taxes are unavoidable in self-storage, but there are things you can do to mitigate them. In this session, you’ll learn about Internal Revenue Service Tangible Property Regulations (TPR), what qualifies as an expense vs. capitalization under the new rules, how to structure an acquisition, partial asset disposition, and the tax benefits of cost segregation. There’s money in those depreciation schedules, so don’t pay taxes before you must! You’ll learn:
- How TPR rules affect self-storage businesses
- Guidelines for determining what’s an expense vs. capitalization
- How to structure an acquisition in relation to new IRS regulations
- How to take advantage of a potential Trump tax-rate cut
- The tax benefits of cost segregation
This product is also available as on-demand video, or as part of one of the following discount DVD packages: