Tax Strategies that Impress the Savviest Investors

Real Estate Tax Credits IncentivesWorking in the real estate industry comes with unique challenges and complex finances. We help clients harness the power of real estate tax credits and incentives; as well as property-specific solutions that bring maximum savings.

Well-versed in the needs of real estate project developers, owners, and investors, our team can reduce your tax liability with a strategic tax savings plan designed to get you the most bang for your buck.

The Win-Win Incentive

New MarketsThe New Markets Tax Credit (NMTC) was developed to incentivize investment in low-income communities in the United States. Because of the variety of projects that can qualify, NMTCs are an excellent source of tax savings. But while the concept is simple, the process is a complicated one full of federal regulations.

Applying years of industry and tax expertise, we’ll guide you through the NMTC program from start-to-finish. The goal is for you to receive the maximum value of NMTC so that both you and the community come out winners. Contact us today to evaluate eligibility and secure money saving opportunities.

A Fixer Upper That Pays Back

Historic RehabilitationRooted in the desire to protect and preserve, the federal Historic Rehabilitation Tax Credit (HTC) encourages the restoration of buildings with a 20 percent credit for qualified expenditures. Most state level programs follow the federal one, but with varying percentages and equally rigorous compliance standards. As with a majority of tax credits, the HTC comes with many rules and regulations, but don’t let that deter you from taking advantage of this lucrative option. Let our team do all the heavy lifting while you reap the rewards. Talk to us today about how we can assist you in navigating the HTC process.

Contribute to Community Growth

Opportunity ZoneEstablished in the Tax Cuts and Jobs Act, the Opportunity Zone (OZ) program is designed to spur economic development through long-term private sector investments in low-income communities. The program is broken down into three types of investment holding periods– the longer the investment remains in the Zone, the greater the tax benefit. While there are exclusions, overall the activities and projects that qualify are broad and worth considering. If you are ready to reduce your overall tax liability while generating economic growth, reach out to us today to discover your Opportunity Zone.

Tim Klimchock, CPA, CCIFP - Stambaugh Ness

Contact: Tim Klimchock, CPA, CCIFP

Director, AEC Group