The Savvy Tenant and a Sharp Pencil:
Reflections On Bonus Depreciation and Funding Tenant Improvements
BY: Janine Watson
Director, Pacific Union Commercial Brokerage

January 1st deadline looms for funding improvements and taking bonus depreciation

"Tenant Improvement Bonus Depreciation," a part of the larger "Tax Relief Reconciliation Act of 2003" may not be on the radar of most commercial real estate brokers and their tenants, but it certainly deserves to be. Tenants have less than six months to take advantage of substantial tax breaks for improving their leased premises.... (Read more)

Reverse and Improvement Exchanges:
More Options for Minimizing Tax Liability
BY: Mary Kay Kennedy,
Vice President & Counsel
First American Exchange Company

Real estate investors may not know that Section 1031 of the Internal Revenue Code, commonly known as a 1031 Exchange and used to defer taxes when selling a property before locating a replacement one, can also be applied where the new property is purchased before the old property is sold. For example, the investor may find property he wants to purchase before the existing property has been placed on the market....(Read more)