A partner of ravensview, Scarpello Consulting, has written a White Paper expounding on the effects of the 2017 Tax Cuts on IRS Statute 179. As many of our clients are property owners, we want you to be aware of these changes because it effects the investment limitation phaseout range, deductible amounts, and the types of qualifying assets for deductions. http://www.scarpelloconsulting.com/wordpress/wp-content/uploads/2019/09/WP_Section-179.pdf

Scarpello Consulting has been in business since 2001 and provides cost segregation services. Cost Segregation is an engineering-based, tax savings tool that helps companies that have acquired, renovated, constructed, or expanded real estate to reduce current income tax liabilities by accelerating depreciation deductions for qualifying components. The firm works with Fortune 500 companies and some of the largest national CPA firms, including ravensview, through their multiple offices in Omaha, NE, Overland Park, KS, Sarasota, FL, and Denver, CO. For more information about Scarpello Consulting and to read additional white papers, please visit: ScarpelloConsulting.com.

You can read a number of other white papers on related topics at http://www.scarpelloconsulting.com/white-papers/