The Real Estate Advisor

ATRA: Digging into the new tax law When Congress avoided the so-called “fiscal cliff” with the passage of the American Taxpayer Relief Act of 2012 (ATRA) in early January, much of t...

"Worried about interest rate risks? Consider a swap agreement," "Murky waters - Distinguishing between an investor and a dealer for tax purposes," "Easements on mortgaged properties - Appeals court paves way for charitable deduction," "Ask the Advisor - Is it safe to accept a letter of credit as a security deposit?"

It's not uncommon for real estate owners to incorporate charitable donations as part of their estate planning. In addition to satisfying their philanthropic urges, these gifts can provide valuable tax deductions — if the donors meet IRS requirements for taking such deductions.

It's a fact: Leasehold improvements can pose some tricky tax issues for all parties involved. In a recent legal memorandum, the IRS addressed one such issue — the proper capitalization treatment of indirect costs incurred by a lessee to construct real property it then leased.

If you are a working in any aspect of commercial real estate, your job is to fit puzzle pieces together for your clients. You need to find the right property in the right location with the right square footage and the right price to suit each client’s individual needs, tastes and budget.

In May, PNC Financial Services Group announced plans for a new world headquarters in Pittsburgh. The $400 million, 40-story building will, according to reports, exceed the highest standards assigned by the U.S. Green Building Council.

"When it's time to re-evaluate investments, get a valuation," "The master lease: An umbrella of protection," "The master lease: An umbrella of protection," "IRS makes it easier to deduct real estate activity losses," "Ask the Advisor — Should I use specialty leasing to increase ancillary revenue?"

"A GRAT can be a great way to transfer a business," "Year end is fast approaching: Tax strategies to consider," "Sec. 179 expensing — You may qualify for extra expense deductions," "Ask the Advisor — What type of due diligence is necessary in today’s market?"

"Determining material participation — Tax Court addresses property owner’s “on-call” hours," "Foreclosure investing: It’s not for the fainthearted," "Before surrendering property, consider the tax consequences," "Ask the Advisor — How can lease options help me in this slow economy?"

"Maintenance vs. capital improvement — The difference can mean more money in your pocket," "Noncorporate business structures can provide ease and flexibility," "Tax Court finds street lights qualify for 7-year depreciation," "Ask the Advisor — Should I use an FLP to transfer real estate to my heirs?"