Category: Compensation Taxes

Learn how to calculate basis in condemned property, including award rules and cost basis tips. Start here for easy steps and expert help.

Learn how adjusted basis condemnation works, including improvements and depreciation. Discover steps to compute it & why it matters. Contact us to learn more.

Learn step-by-step basis allocation in a partial taking, why it matters, and how to protect your tax position. Contact us for expert help.

Learn how remainder basis severance affects your property taxes after partial taking. See what happens to the leftover land basis. Contact us for help.

Learn how depreciation recapture rental condemnation works, what triggers it, and how to handle taxes if your rental is condemned. Contact us for help.

Learn how bonus depreciation condemnation works, what happens to 168k assets taken, and how to handle accelerated depreciation. Contact us to learn more.

Learn how section 179 condemnation works, recapture rules, and what to do if assets are taken. Contact us for tailored guidance.

Learn how cost segregation condemnation impacts property owners. Discover tax strategies and next steps. Contact us for a free consultation.

Learn how land building allocation award works in condemnation cases. Discover why the split matters for taxes and compensation. Contact us to learn more.

What happens when inherited property is condemned? Learn about stepped up basis, tax impact, and your options. Contact us to learn more.