Ripple Effects of COVID-19 on the Construction Industry

October 5, 2020

Fluor Hits the Floor – $1.7B Loss: A Wakeup Call for the Construction Industry

The Texas-based construction company Fluor recently announced its 2019 financial results, revealing staggering figures brought on by the COVID-19 pandemic. This case sheds light on harsh truths and the new reality for the construction industry. Here’s what else you need to know:

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Overview of Real Estate Depreciation Changes

December 12, 2018
Real Estate

The new tax law is giving real estate investors reason to celebrate this tax season.

The Tax Cuts and Jobs Act (TCJA) included several favorable changes to the federal income tax depreciation rules for real estate. However, one intended change didn’t make it into the statutory language, and there are some potential pitfalls to avoid. Here’s what real estate investors need to know. Read more

IRS Clarification: Home Equity Loan Interest May Still Be Deductible

March 12, 2018

Home Equity LoanThe IRS recently announced that in many cases, taxpayers can continue to deduct interest paid on home equity loans. The tax agency issued the clarification because there were questions and concerns that such expenses were no longer deductible under the Tax Cuts and Jobs Act (TCJA), which was signed into law on December 22, 2017. Read more

How the New Limit on SALT Deductions Affects Homeowners

February 28, 2018
Homeowners

The new tax law limits state and local deductions that homeowners can claim.

 The ability to deduct state and local taxes (SALT) has historically been a valuable tax break for taxpayers who itemize deductions on their federal income tax returns. Unfortunately, the Tax Cuts and Jobs Act (TCJA) limits SALT deductions for 2018 through 2025. Here’s important information that homeowners should know about the new limitation. Read more

Tax Rules When Selling Your Home

August 17, 2017
Selling your home

When selling your home be aware of tax deductions and exemptions.

How the gains from the sale of a primary residence are taxed has changed in recent years. If you have recently sold your home, or are considering doing so, you may want to be aware of these new rules.

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Is 2017 The Year Things Change For The Property Industry?

August 1, 2017

By Ian Shapiro

Technology Innovations Property Industry

Technology innovations are set to help the property industry move forward in 2017.

Technology has been a disruptive force in most industries and sectors over recent years. But in the real estate and construction (REC) sector, widespread adoption of new technologies has lagged somewhat. Indeed, the adoption of technology in property – or ‘PropTech’ – has fallen a little short of its anticipated take-up. For example, in the U.S., the construction industry is several years behind many other industries with regards to technology with many companies still using manual systems for project planning and management. That’s why construction remains far behind in reaping the benefits of advanced data and analytics, drones, automation and robotics.

However, 2017 is set to be the year the floodgates open for PropTech in the global REC sector, and we’ve looked at some key technologies you should be keeping an eye on in the industry this year.

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