Real Estate Businesses: How Much Interest Expense Can You Deduct?

The deduction limit for business interest expense can have a big impact on a real estate firm’s tax bill and the limit is even more stringent starting in 2022. If your firm has significant interest expense, it is important to: (1) Determine whether the deduction limit applies to you; (2) Assess the limit’s impact on your tax liability; and (3) Evaluate the costs and benefits of opting out.

Related Read: Treasury Department Proposes Regulations on Business […]

By | September 21st, 2022 ||

Weisbard Named 2022 NLJ Real Estate Trailblazer

Pryor Cashman Partner Neil Weisbard, who is member of the firm’s Real Estate Group and chairs the Land Use & Zoning practice, has been named a 2022 Real Estate Trailblazer by the National Law Journal.

The NLJ Trailblazer profile has a Q&A with Neil in which he describes his work for client Coyle Properties, coming up with “creative solutions to improve the development of its property” in Brooklyn’s Sheepshead Bay neighborhood. He developed an approach to upzoning, “which […]

By | August 11th, 2022 ||

Inflation Defense: Real Estate…At The Right Price

Inflation is here and shows no signs of stopping. Consumer prices are up 9.1% over the 12 months ended June 20221, the largest increase in 40 years. Investors have long relied on real estate as a trusty hedge…but not all asset classes are created equal.

In such an accelerated inflationary environment, residential real estate presents a more agile option compared to commercial properties (annual lease models allow them to reflect inflation in rents to offset […]

By | July 10th, 2022 ||