Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply presented by

User Stats

4,508
Posts
1,530
Votes
Julio Gonzalez
#1 New Member Introductions Contributor
  • Specialist
  • West Palm Beach, FL
1,530
Votes |
4,508
Posts

You may qualify for the R&D Tax Credit and not even know it!

Julio Gonzalez
#1 New Member Introductions Contributor
  • Specialist
  • West Palm Beach, FL
Posted

Most people think of manufacturing when they hear the term "Research and Development (R&D) Tax Credit". However, real estate is one of many industries that can also benefit from the credit. Specifically if you are creating the design for a "green" building, a unique structure, designing your building to improve the structure's power efficiency, etc.

From years of helping companies claim the Research and Development Tax Credit, we estimate that less than ⅓ of companies realize they qualify for the credit.

Reasons range from lack of information to misperceptions about the tax incentive.

That’s why I’m so passionate about helping CPAs and business owners become educated about this credit.

Here just a few of the advantages of the credit:

1. They provide access to tax refunds (get cash now!).
2. The three-year lookback allows for retroactive benefits.
3. They enable you to invest more into innovation and passion projects in the future.
4. The analysis required to calculate the credit provides insight into how much time and money was invested into R&D, which can then be used to better organize time tracking and documentation to help claim higher amounts each year as those processes improve.


So many of us are constantly innovating - we just don’t realize it! How do you stay on the cutting edge of your industry? What new ideas are you working on?

  • Julio Gonzalez
  • (561) 253-6640
  • Loading replies...