Real Estate Resources

Recent Updates to the New Leasing Standard (ASC 842)

Recent Updates to the New Leasing Standard (ASC 842) 400 400 SAX LLP - Advisory, Audit and Accounting

The Financial Accounting Standards Board (“FASB”) recently issued an accounting standard update (“ASU”) to the new leasing standard (ASC 842) to address related party arrangements between entities under common control. …

read more

The New Lease Accounting Standard for Private Companies & Non-Profits: What You Need to Know Now

The New Lease Accounting Standard for Private Companies & Non-Profits: What You Need to Know Now 400 400 SAX LLP - Advisory, Audit and Accounting

Three years after public companies implemented the new leasing standard, private companies and not-for-profit organizations will now have their turn.  Despite the initial delays caused by implementation concerns and pandemic…

read more
Qualified Opportunity Fund

IRS Extends Additional Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Pandemic

IRS Extends Additional Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Pandemic 400 400 SAX LLP - Advisory, Audit and Accounting

Quick Recap On the evening of January 19, the IRS issued Notice 2021-10 that provides additional relief by extending certain deadlines for investing in Qualified Opportunity Funds (“QOFs”) and relaxed…

read more
Real Estate

WATCH THE REAL ESTATE WEBINAR: ACCELERATING CASH FLOW THROUGH COVID-19 TAX PROVISIONS FOR OWNERS & OPERATORS

WATCH THE REAL ESTATE WEBINAR: ACCELERATING CASH FLOW THROUGH COVID-19 TAX PROVISIONS FOR OWNERS & OPERATORS 400 400 SAX LLP - Advisory, Audit and Accounting

We invite you to watch our informative Real Estate webinar as we review the specific tax provisions and incentives in the CARES Act that benefit owners and operators.  We are…

read more

Real Estate Owners: Are you Entitled to a Reduction in Your Taxes?

Real Estate Owners: Are you Entitled to a Reduction in Your Taxes? 150 150 SAX LLP - Advisory, Audit and Accounting

New Jersey and New York continue to have one of the highest property tax burdens in the country.  As a result of market changes in the values of real estate…

read more

Upcoming December 31 Deadline for Qualified Opportunity Zone Investments

Upcoming December 31 Deadline for Qualified Opportunity Zone Investments 150 150 SAX LLP - Advisory, Audit and Accounting

Investors with capital gains, including Sec. 1231 gains, should be aware of the looming December 31, 2019 deadline in order to fully benefit from tax benefits that Qualified Opportunity Fund…

read more

The Opportunity with Opportunity Zones: The IRS Releases New Regulations

The Opportunity with Opportunity Zones: The IRS Releases New Regulations 150 150 SAX LLP - Advisory, Audit and Accounting

On October 19, 2018, the Internal Revenue Service released proposed regulations for Qualified Opportunity Zones (QOZs). QOZs are a community development tool benefiting low-income areas by bringing significant financial incentives…

read more

Tax Cuts and Jobs Act – How It Impacts the Real Estate Market: Webinar Recording

Tax Cuts and Jobs Act – How It Impacts the Real Estate Market: Webinar Recording 150 150 SAX LLP - Advisory, Audit and Accounting

On December 22, President Trump signed into law the Tax Cuts and Jobs Act that will affect nearly every operating business in the U.S., with a major impact on the…

read more

MAREJ: The CRE industry is resilient and will undoubtedly adapt successfully to whatever changes lie ahead

MAREJ: The CRE industry is resilient and will undoubtedly adapt successfully to whatever changes lie ahead 150 150 SAX LLP - Advisory, Audit and Accounting

Hear from Sax Real Estate Partner Stuart Berger, who was featured in Mid Atlantic Real Estate Journal with his 2018 predictions for the CRE industry due to the new laws…

read more

New Lease Accounting Standard’s Impact on Operating Leases

New Lease Accounting Standard’s Impact on Operating Leases 150 150 SAX LLP - Advisory, Audit and Accounting

The Financial Accounting Standards Board (FASB) has issued a new lease accounting standard, ASC 842, intended to improve financial reporting about leasing transactions. The new standard will have a significant…

read more

SAX LLP - Advisory, Audit and Accounting