By Christopher Suto, CPA, WithumSmith+Brown
Dec 2, 2019
Real Property Cancellation of Debt
In a year where real estate values are increasing, cancellation of debt on real property is not typically an issue or on the mind of many...
By Sara Palovick, CPA, WithumSmith+Brown, PC
Oct 30, 2017
Beginning Depreciation-Courts Weigh in on When Property is “Placed in Service”
For owners of real property, the depreciation deduction provides an opportunity to deduct costs incurred for capital improvements. Under...