Tangible Property Regulations (TPR):

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1. Increased write-offs, lower basis, reduced depreciation recapture, and expense up to 80% of CapEx.
2. TPR expensing offers a permanent tax write-off. The longer you have owned a building, the greater your TPR tax benefit.
3. Offer clear guidance on property improvements that can be expensed instead of capitalized and depreciated, allowing for immediate write-offs on many depreciated items. 
4. Identify previously capitalized expenses that are now being depreciated. Cleaning up or scrubbing a depreciation schedule can generate substantial tax savings.

All commercial property types:

1. Office, retail, industrial, multifamily, hotels & hospitality, mixed-use & special purpose.
2. Properties must be owned for at least 5 years and valued at over $10 million. Can also do , TPR on properties Sold or exchanged under 1031.
3. Often combined with a Cost Segregation study to maximize tax savings.

1. The IRS requires that Depreciation Schedules be scrubbed annually of improperly capitalized items by doing a TPR review. 
2. •Non-compliance may cause the IRS to reject depreciation claims, resulting in significant financial losses, penalties, interest charges, audits, investor lawsuits, and loss of reputation.
3. Want proof? Download the 265-page IRS TPR Guide for IRS Auditors from the IRS website.

• We are also developing AI to deliver these services faster and more affordably to our Real Estate owners and their CPA/Tax Advisors shortly. 
• When it is available, our existing clients will receive preferred pricing.