#real-estate
Real estate accounting, property tracking, and investment management
ADS spreads MACRS basis straight-line over longer lives — and the IRS requires it for low-business-use vehicles, foreign-use assets, and real-estate firms.
Preferred equity sits between senior debt and common equity: a fixed 10–18% pref paid before common, with control rights but no foreclosure.
ASU 2023-01 lets private companies use written, even unenforceable, terms for common-control leases and amortize improvements over useful life.
The IRS half-year rule gives every asset six months, mid-quarter re-times each by quarter, and mid-month halves real estate's first and last months.
A distribution waterfall pays LPs first — capital, then an 8% preferred return — before the GP catch-up and 80/20 split; deal-by-deal funds add clawback risk.
TOD and POD designations move bank accounts, brokerage holdings, and real estate to your beneficiary without probate — but creditors and taxes still apply.
A 1031 improvement exchange lets IRS-safe-harbor EAT parking turn sale proceeds into construction funds — but only work finished by day 180 counts.
SBA 7(a) loans charge 5-3-1% on early payoffs in years 1-3; 504 penalties decline over half the term — price yours before you refinance.
REITs must pay out 90% of taxable income to keep their tax status — so yields run high, dividends face ordinary rates, and Section 199A deducts 20%.
Break-even months equal closing costs divided by monthly P&I savings — except on cash-outs and term resets, where IRS tracing and total interest decide.
PulteGroup earned $2.53 per share in Q3 2026, down 14.5%, as closings fell 9% and margin slid to 24.8% — while backlog grew 4% to 10,298 homes.
Annaly posted a $1.36 GAAP loss as rising rates marked down $4.72B of MBS, but distributable earnings of $0.80 covered the $0.75 dividend.
