by Kevin Jerry | Nov 9, 2022 | Safe Harbors, The Tangible Property Regulations
Routine Maintenance Safe Harbor Building owners! Under the Tangible Property Regulations, passed in 2014, you are not required to capitalize as an improvement or betterment, which means you can expense amounts that meet the following criteria: Amounts paid for...
by Kevin Jerry | Oct 5, 2022 | Safe Harbors, The Tangible Property Regulations
The Routine Maintenance Safe Harbor is one of the most overlooked safe harbors within the mandatory Tangible Property Regulations under ยง263a (1-3). If you are cost-segregating a property, you can assume your cost segregation firm has never heard of the Routine...
