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Tax Deduction Consulting: Commercial Real Estate Burlington IA

The government promotes real estate ownership through tax deductions and incentives. This article focuses on the commercial real estate tax deduction.

Craig Adamson
1000 Lindale Drive
Marion, IA
Company
Title: President
Company: Adamson Financial Planning
Type
Investment Advisor Rep: Yes
Education
BS Iowa State University 1996
Years Experience
Years Experience: 14
Service
Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Wealth Engineering,401k Rollover From Employer,Income for Life/ Preserve Principal,Medicare Planning,Health Care Insurance,Retirement Planning,Real Estate Investment Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Plan

Data Provided by:
Bill Elson
3705 Grand Avenue
Des Moines, IA
Company
Company: Spectrum Financial Services
Service
Hourly Financial Planning Engagements,Fee Only Portfolio Management,Pension for Highly Compensated Owners,Stock Market Alternative,Wealth Management,Medicaid,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Wealth Engineering,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Medicare Planning,Health Care Insurance,Retirement Planning

Data Provided by:
Highland Park Tax
(515) 243-7400
3718 6th Ave
Des Moines, IA

Data Provided by:
Liberty Tax Service
(866) 871-1040
2125 W Broadway
Council Bluffs, IA

Data Provided by:
Mark's Tax Svc
(319) 256-4605
106 S Washington St
Wayland, IA

Data Provided by:
Dirk M. Dixon (RFC®), EA
(515) 285-5546
8033 University Blvd
Clive, IA
Company
Baker & Associates, LLP
Qualifications
Education: Bachelors of Business Administration with an emphasis in Finance from Grand View College 1997.
Years of Experience: 15
Membership
IARFC, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Tax Planning, Tax Returns, Mutual Funds, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Business Coach, Charitable Planning, Education Plan, Healthcare Accounts, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Mr. Kenneth E. Lawson (RFC®), CHFC, CLU, LUTCF
(563) 359-1688
2435 Kimberly Rd Ste 300S
Bettendorf, IA
Company
Client 1st Wealth Management, Inc.
Qualifications
Years of Experience: 44
Membership
IARFC, SFSP
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Retirement Planning, Medicaid Planning, Tax Planning, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Charitable Planning, Education Plan, Healthcare Accounts, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Liberty Tax Service
(866) 871-1040
3413 Sw 9th St
Des Moines, IA

Data Provided by:
H&R Block
(319) 378-0849
7037 C AVE NE STE 300
CEDAR RAPIDS, IA

Data Provided by:
H&R Block Inside Valley West Mall
(515) 440-1023
1551 VALLEY WEST DR STE 112
WEST DES MOINES, IA

Data Provided by:
Data Provided by:

Tax Deduction Consulting: Commercial Real Estate

Commercial Real Estate Tax Deduction

The government promotes real estate ownership through tax deductions and incentives. This article focuses on the commercial real estate tax deduction.

If you are an owner of commercial real estate, deductions are coming your way. For individuals with investment and business properties, ownership can offer special tax deductions. If you choose your investment wisely, these incentives can be punctuated and enhanced. Most deductions come from those buildings in less affluent areas, and construction that enhances energy efficiency. Making the most of your commercial real estate in deductions is key to a hefty tax return for owners.

For any energy saving adjustments you make to your piece of real estate, you will see a significant deduction. Under the Energy Policy Act of 2005, property owners are subject to $1.80 of deduction per square foot. Every square foot that was enhanced for energy saving purposes is included. Such efficiencies include solar heating, sunroofs for lighting and even insulation advances. In order for these improvements to be included, there must be a fifty percent energy savings as a result of the work done.

If you choose to rebuild an old piece of property, you too will see deductions. If the building in question was built before 1936 or is a certified Historic Structure, you are in luck. As the owner of the building, it is assumed that you will be making upgrades to the property. If you renovate, restore or rebuild the building, you are entitled to ten to twenty percent credit of the expenditures. In addition, if you run a business that assists the economically challenged, there are several deductions your real estate property will be eligible for.

If your building meets requirements set forth by the Americans With Disabilities Act, you may also have deduction possibilities. After meeting certain requirements, such as a staff of less than thirty individuals, you are eligible for up to fifty percen...

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