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Real Estate

NYS Sales Tax Obligations: What Owners and Operators of Short-term Rentals Need to Know

NYS Sales Tax Obligations: What Owners and Operators of Short-term Rentals Need to Know

Last updated on March 10th, 2026Clients often come to us with questions regarding sales tax on short-term rentals—we’re here to answer those questions for you. In brief, short-term rental units in New York are subject to the same sales tax requirements as hotels. Owners and operators who do not use
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Bonus Depreciation for Qualified Production Property: New Deduction Under the OBBBA

Bonus Depreciation for Qualified Production Property: New Deduction Under the OBBBA

Since the passage of the One Big Beautiful Bill Act (OBBBA) in July of 2025, RBT has been covering its impacts on the real estate industry. Among the most notable provisions of the new tax law is the restoration of 100% bonus depreciation—a change that benefits businesses across various industries.
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Expiring Clean Energy Tax Incentives and New FEOC Restrictions Under the OBBBA

Expiring Clean Energy Tax Incentives and New FEOC Restrictions Under the OBBBA

Following the passage of the One Big Beautiful Bill Act (OBBBA) in July, many federal clean energy tax credits and deductions face accelerated expiration timelines or newly imposed restrictions. Below are some of the expiring clean energy incentives and expanded restrictions that could impact builders, landlords, commercial property owners, and
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1031 Like-Kind Exchanges as a Valuable Tax Strategy and Long-term Planning Tool

1031 Like-Kind Exchanges as a Valuable Tax Strategy and Long-term Planning Tool

When it comes to building wealth through real estate, tax efficiency is often just as important as strong investment selection. When a taxpayer sells an investment property, they are typically required to pay taxes on the gain at the time of the sale. However, under Section 1031 of the Internal
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Donating a Conservation Easement: What You Need to Know for Tax and Planning Purposes

Donating a Conservation Easement: What You Need to Know for Tax and Planning Purposes

Donating a conservation easement is a form of charitable giving that offers significant tax benefits for the donor while also preserving land for conservation purposes. Let’s talk about what a conservation easement is, the process of donating one, and the corresponding tax benefits. What is a conservation easement? A conservation
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Opportunity Zone Program Revamped Under the OBBBA: What Real Estate Developers and Investors Need to Know

Opportunity Zone Program Revamped Under the OBBBA: What Real Estate Developers and Investors Need to Know

The Qualified Opportunity Zone (QOZ) program, established in 2017 as part of the Tax Cuts and Jobs Act (TCJA), is a federal tax incentive designed to encourage investment in distressed areas of the United States. The designation of “Opportunity Zone” is given to low-income communities nominated by state governors and
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Selecting Your Structure: Entity Structure Options for Commercial Brokers

Selecting Your Structure: Entity Structure Options for Commercial Brokers

The choice of entity structure for commercial real estate brokers is an important one, as it determines factors such as the business’s taxability, liability protection, administrative complexity, and level of flexibility. In this article, we’ll highlight three entity structure options we recommend for commercial real estate brokers, along with the
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The One Big Beautiful Bill Act: Key Provisions Impacting the Real Estate Industry

The One Big Beautiful Bill Act: Key Provisions Impacting the Real Estate Industry

Last updated on July 24th, 2025On July 4, the president signed into law the One Big Beautiful Bill Act (OBBBA), implementing many significant tax and spending policy changes. Below are some of the key provisions of the legislation impacting the real estate industry. Permanent Extension of TCJA Tax Rates The
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Map of Qualified Census Tracts (QCTs)

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  • Under Map Options select “Color QCR Qualified Tracts”