If you own commercial property, you’ve got to love the “Protecting Americans From Tax Hikes (PATH) Act” that’s now the law.
Why? Because, thanks to the PATH Act, qualified leasehold improvements to your commercial property can deliver three huge tax-deduction-acceleration breaks through 2019!
Want to find how to put this extremely helpful new law to work for you?
Read my new article titled Tax Tips: Accelerated Tax Deductions for Qualified Leasehold Improvements.
Three ways our fact-filled article can help you:
- You’ll learn why you don’t have to gamble any more. In the past, you could never be sure what legislators would do. The retroactive enactment of tax breaks meant handling commercial property depreciation issues was a crap shoot. Not any more as you’ll learn when you read the full article.
- We’ll tell you what qualified improvements you can make. The tax code lists four improvements that don’t qualify. We’ll list eleven big improvements that do. You’ll get all the details when you read the full article.
- We’ll show you how to score a (profitable!) hat trick. The neat thing about leasehold improvements is that they qualify for three terrific tax deductions. Instead of a 39-year depreciation, you get three deductions that let you write off qualified leasehold improvements extremely fast. We’ll tell you what they are when you read the full article.