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What’s the impact of the new stimulus package on real estate depreciation?
There are a number of provisions in the new Coronavirus Stimulus package that affect the methods for depreciation of real estate assets for tax purposes — and these changes are likely to be significant for our industry.
Coronavirus – the positive
These are scary and uncertain circumstances that we are living through. The speed with which the Coronavirus took over our lives is truly transcendent and unparalleled, causing us to face overwhelming challenges. However, on a day when there was snow on the ground in March and Tom Brady announced that he is leaving the Patriots, you wonder how we could extract some positives from our current lives.
COVID-19- Cherrytree Group Update
First and foremost, our hearts go out to everyone who has been affected by the coronavirus (COVID-19) pandemic. It is important to us that we maintain a healthy environment for our employees, clients, colleagues, family [...]
Zoning In On An Opportunity To Save On Taxes
Unless you happen to earn your living in the financial planning field, you maybe be only slightly aware of the monumental nature of the changes to the IRS’s tax reform passed by Congress in 2017. How big were [...]
Qualified Opportunity Zone Funds
The Cherrytree Group has recently created two Qualified Opportunity Zone Funds. The funds employ a unique strategy to generate higher returns by layering the benefits from investing in an Opportunity Zone with the benefits from utilizing tax credits.
2019: A Milestone Year
Over the past 12 months, The Cherrytree Group helped investors and developers identify ideal opportunities for safe, stable growth. Where did the year 2019 take us at the Cherrytree Group? Well, we made our first [...]
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