One of the most important policy areas facing property managers of all property types is taxation. On the federal, state, and municipal levels tax policy can have a significant impact upon the property manager's ability to effectively manage a property and obtain the greatest possible return on the owner's investment. Excessive levels of taxation can result in stunted economic growth and high vacancy rates, while tax cuts can have a stimulative effect on the economy, resulting in higher demand for residential, office, retail and industrial space. Furthermore, the tax code is often used to encourage or discourage various activities. Cigarette taxes discourage smoking, and Low Income Housing Tax Credits encourage investment in affordable housing stocks. For this reason, the overall levels of taxation, as well as more specific provisions of the tax code, are vitally important to property managers.

Tax News Updates - Find out about the latest developments pertaining to tax legislation.

Statements of Policy
Federal Taxation
Capital Gains
Depreciation
Tenant Improvements
Expensing of Security Equipment
Passive Loss Limitation
Internet Sales/Use Taxes
Low Income Housing Tax Credits
State Unemployment Insurance Taxes