Author RSSBusiness personal property Valuation
Business Personal Property (BPP) may be difficult to assess because of the limited amount of data available and focused mainly on the sales comparison approach. Relatively speaking, a huge amount of data is available when assessing real estate as opposed ...
Use the Appraisal District's Information to Reduce Your Property Taxes
Homeowners are amazed to learn they can obtain a copy of the appraisal district's evidence at a nominal cost. This is referred to as a House Bill 201 package, and is the only information many homeowners use to successfully reduce their property taxes.
...
Market Study Fundamentals
Market studies are performed to evaluate real estate market conditions with regard to an existing or proposed property. The focus of a market study details competition within the submarket, the strength or weakness of the submarket. Also, market study ind...
Market Rent Analysis
Market rent analyses evaluate the subject property, competing properties, and market conditions to document an equitable level of rent in an arm’s length transaction. Estimates of market rent are developed regularly for market studies, appraisals, lease d...
Leasing Office Space – Part 13 of 23 Due Diligence
Online
In most cases, the information from the services will adequately address the issue of criminal activity near the office space you're considering. However, the most current and contextual data you'll be able to obtain is from tenants at the prope...
Leasing Office Space – Part 12 of 23 Lease Negotiations
Amortized TI
The amortized cost of your tenant improvements will be the cost over the term of your lease. To keep matters simple, if you are spending $60,000 to renovate your space, and your lease term is five years (60 months), include $1000 per month...
Tax Reduction Benefits of Cost Segregation
Tax reduction and tax deferral are the primary benefits of obtaining a cost segregation study. Tax reduction occurs since more income is taxed at the capital gains rate instead of the ordinary income rate. Tax deferral occurs since depreciation is accurat...
Casualty Loss
Silver Lining from Hurricane Ike
Casualty Losses May Significantly Reduce Federal Income Taxes
Hurricane Ike inflicted a steep penalty on the Texas Gulf coast. However, there is an inconspicuous benefit – casualty loss tax deductions. Taxpayers may ...
Leasing Office Space – Part 4 of 23
Location
Office space location issues can include proximity to existing and potential employees, clients, vendors, and various third parties. For companies with less than 100 employees, the primary criteria for selecting a location is typically proximity...
Commercial Real Estate Appraisal Income Approach
The income approach is often given primary emphasis when appraising a commercial real estate used to generate income. Estimates of value via the income approach are highly sensitive to changes in revenue, expense and capitalization rates.Correctly perform...
San Antonio apartment overview
All metrics for the San Antonio area multifamily sector recorded positive changes in November. Overall occupancy remained over 90% for the seventh month running. Class A properties recorded occupancy of almost 94%, coming in second only to the Austin area...
Houston apartment search tips -- Great List of Questions
Houston apartment leasing agents lease apartments every day. You don't. Here are some questions to help improve your odds of getting a great deal. Listen to both what is said and how they say it. How it is said is often more important than what is said. D...
History of Cost Segregation
Cost segregation evolved as the result of multiple court cases and IRS rulings. The body of knowledge is summarized in the Audit Techniques Guide (ATG), published by the IRS.
Component depreciation was a prior methodology that produced similar results ...
Commercial Real Estate Appraisal Sales Comparison Approach
The sales comparison approach is the most intuitive and best understood of the three approaches to value. Home buyers, companies renting office space and real estate investors all utilize this approach. Comparable sales are often referred to as comps and ...
Cost Segregation - Tax Deductions (Take every legal tax deduction you can)
Tax Rule No.1: Don’t cheat the IRS. But that doesn’t mean you should cheat yourself. Take every legal tax deduction you can.
In addition to the numerous tax deductions the Internal Revenue Service allows, research indicates that most U.S. taxpayers do ...