About Hazel

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Entries by Hazel

How to Transform your Managers into Coaches with DISC

How to Transform your Managers into Coaches with DISC

With all of the requirements of managers today, there is one more increasingly important skill managers are being asked to possess – the ability to act as a coach. Evidence shows today’s great leaders are also coaches. Consequently, managers are often being asked to play a coaching role to develop internal talent, identify leadership qualities, develop team work competencies, and close the soft and hard skills gaps. In fact, according to recent research by Google, the single most important managerial competency that separates highly effective managers from average ones is coaching.

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The Cost Seg/1031 Exchange Combo is Even More Important Under Tax Reform

The Cost Seg/1031 Exchange Combo is Even More Important Under Tax Reform

Under the Tax Cut and Jobs Act, the benefits of combining cost segregation and Section 1031 exchanges have become an even more important tax strategy for real estate investors. With the recently passed TCJA, the rules for Section 1031 exchanges have been modified and depreciation rules have been expanded. The interplay of these new rules creates new opportunities that one might overlook — namely, the ability to utilize a cost segregation study to identify short life assets that will be fully depreciated and ultimately retired. The no-value assets are then not considered to be a part of the Section 1031 […]