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2023 Real Estate Year-End Tax Planning Guide

December 7, 2023

Download the Guide Here

While the COVID-19 pandemic is behind us, the impact that the pandemic has had on the real estate industry is not. With the Federal Reserve raising interest rates to combat inflation, the persistent inflation appears to have peaked and is moderating. However, rate cuts are not expected until 2024. The resulting increased debt costs continue to put pressure on capitalization rates in the real estate industry across all asset classes.

With challenging times, it’s important to find ways to maintain returns to owners and investors, including by being prepared from a tax perspective at the federal and state levels. The benefits of cost segregation studies, energy efficient deductions and credits offered by Internal Revenue Code Sections 179D and 45L, and taking advantage of bonus depreciation, among various other tax strategies are important to understand, as are implications of debt modifications and foreclosures. We hope you find the tax strategies and considerations outlined in this publication to be helpful.

Click here to download this year’s tax planning guide. The articles contain some very timely tax topics that are affecting the real estate industry. Please contact your Anchin Relationship Partner should you have any questions on year-end tax planning.