Construction & Acquisition Tax Planning
The accounting methods connected to fixed asset construction and transactions are complicated and the reporting requirements are rigid. Complex issues arise such as:
Calculating capitalized interest expense during construction;
Identifying capital costs facilitating an acquisition, securing financing, or raising equity;
Identifying Section 1250 and 1245 property in the sale of 100% bonus depreciation property; and
Negotiating and structuring a construction allowance and application to fit out costs.
At LaPete Yeates, we know the requirements, the options, and the planning opportunities that can reduce the cost of the asset and the transaction. We assist our clients with the identification, computations, and reporting matching your tax posture with available options and elections.