by Kevin Jerry | Dec 29, 2022 | Safe Harbors, The Tangible Property Regulations
De minimis Safe Harbor: An Administrative Convenience for the Service and the Taxpayer The Tangible Property Regulations under §263a provide three safe harbors designed to help small and large taxpayers avoid the Regulations’ complex and sometimes confusing...
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 §263a (1-3). If you are cost-segregating a property, you can assume your cost segregation firm has never heard of the Routine...
by Kevin Jerry | Sep 27, 2022 | Safe Harbors, The Tangible Property Regulations
The Tangible Property Regulations include a Safe Harbor for small taxpayers. This safe harbor is an excellent opportunity for (among others) single-family residential rentals, apartment complexes, and student housing. This Safe Harbor, within the Tangible Property...
