Video Overview of the IRS 2014 Tangible Property Regulations

1. Increased write-offs, lower basis, reduced depreciation recapture, and expense up to 80% of CapEx.
2. TPR expensing offers a permanent tax write-off. The longer you have owned a building, the greater your TPR tax benefit.
3. Offer clear guidance on property improvements that can be expensed instead of capitalized and depreciated, allowing for immediate write-offs on many depreciated items. 
4. Identify previously capitalized expenses that are now being depreciated. Cleaning up or scrubbing a depreciation schedule can generate substantial tax savings.

• IRS mandates TPR compliance. Explained in the 265-page guide for IRS auditors. 
• Failure to comply can result in the IRS rejecting depreciation claims, leading to substantial financial losses, penalties, interest charges, audits, investor lawsuits, and reputational damage. 
• Depreciation schedules must be cleansed annually of improperly capitalized items to ensure compliance with TPR.

• For a no fee or obligation, we will calculate your TPR tax deduction
• Email us a detailed depreciation schedule for a building owned a minimum of five years, and valued over $10 million. 
• TPRs “look-backs” can benefit properties that have been sold or 1031 exchanged (going back 10 years).

All commercial property types:

1. Office, retail, industrial, multifamily, hotels & hospitality, mixed-use & special purpose.
2. Properties must be owned for at least 5 years and valued at over $10 million. Can also do , TPR on properties Sold or exchanged under 1031.
3. It is often combined with a Cost Segregation study to maximize tax savings.

• We are also developing AI to deliver these services faster and more affordably to our Real Estate owners and their CPA/Tax Advisors shortly. 
• When it is available, our existing clients will receive preferred pricing.