Cherrytree Group Blog

What’s the impact of the new stimulus package on real estate depreciation?

[fa icon="calendar'] Mar 28, 2020 9:00:00 AM / by Warren Kirshenbaum posted in Federal Tax Credit, Tax credits, Tax planning, opportunity zones, OZ, tax reform, o zone, historic tax credits, Ozone Funds, Coronavirus, real estate, stimulus package

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There are a number of provisions in the new Coronavirus Stimulus package that affect the methods for depreciation of real estate assets for tax purposes — and these changes are likely to be significant for our industry. 

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Coronavirus - the positive

[fa icon="calendar'] Mar 20, 2020 8:00:00 AM / by Warren Kirshenbaum posted in Cherrytree Group, LLC, Coronavirus

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These are scary and uncertain circumstances that we are living through.  The speed with which the Coronavirus took over our lives  is truly transcendent and unparalleled, causing us to face overwhelming challenges.   However, on a day when there was snow on the ground in March and Tom Brady announced that he is leaving the Patriots, you wonder how we could extract some positives  from our current lives. 

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COVID-19- Cherrytree Group Update

[fa icon="calendar'] Mar 17, 2020 9:51:14 AM / by Melina Ambrosino posted in Cherrytree Group, Tax credits, Cherrytree Group, LLC, Coronavirus

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First and foremost, our hearts go out to everyone who has been affected by the coronavirus (COVID-19) pandemic.

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