High rise contruction site with a concrete structure in the process of being built as a commercial real estate structure and a business symbol of economic and financial growth and healthy economy.

Real Estate Developers Face New Rules

The IRS has recently issued new guidelines and conditions for the real estate developer alternative cost method, which is an optional safe harbor method of accounting to determine common improvement costs that may be included in the basis of individual units of real property. These changes will help developers determine gain or loss from the […]

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