Cost Segregation: A Powerful Tax Planning Tool

Real estate depreciation provides valuable tax advantages for property developers and owners. Applying the available depreciation rules on real estate assets allows commercial and residential rental property owners to deduct substantial amounts of the purchase price and/or improvement costs of a property, thereby dramatically reducing their taxable income. Straight-line depreciation schedules — 39 years for […]

Medical Office Sells for $25 Million in Glendale

The recent $24.8 million purchase of a multi-tenant Glendale medical office building on the campus of Glendale Memorial Hospital and Health Center marks a growing trend in the region’s commercial real estate market – the value of medical office properties. For the full story, go to San Fernando Valley Business Journal. © 2021 San Fernando Valley Business Journal. […]