Consulting and accounting firm CLM Advisors has expanded its footprint with the opening of a new 50,000-square-foot office in Gloucester County.
Professional Services
It might be the developers and investors who dream big, but they rely on thousands of service professionals every day to bring their plans to fruition.
The tax impacts of debt: What owners and investors should know
Leverage is an important instrument for real estate owners and investors. Utilizing leverage appropriately can help enhance returns, build a diversified portfolio, strategically enter the market, and provide tax benefits. As the capital markets have become increasingly challenging, many lenders are requiring guarantees by the mortgagors. The use of a guarantee can drive surprising tax results. This article will concentrate on how mortgage debt affects the tax basis of acquired property, as well as the investment basis of real estate owners and investors in partnerships (note that real property held in different types of entities may yield varied outcomes).
