Colby Duncan’s Post

👀 Did you know I do many successful #CostSegregationStudies on this type of Oil Change property to help maximize Bonus Tax Depreciation and Capture #EnergyCredits on the new construction?!? Yes we can handle your project! 😉 ~Mike D Take 5 and Go Team #EngineeredTaxServices

In the dynamic world of building and construction, where projects soar as high as skyscrapers and complexities run deeper than foundations, effective tax planning and financial management are crucial for maximising profits. Scott Springer has delved into the realm of property and construction tax planning, offering insights and strategies to optimise financial outcomes. Scope it out...  https://lnkd.in/gRQAjfjd

🔍 Developers focused on new builds from 2021 to 2024+: How are you optimizing your projects for maximum tax savings? The 45L and 179D credits offer powerful incentives for energy-efficient construction, directly enhancing your project’s profitability. Whether you’re building residential or commercial, these benefits can significantly impact your financial outcomes. We specialize in uncovering these opportunities and ensuring your developments are set up for success. Let’s talk about how we can help you leverage these credits for your latest and upcoming projects. #RealEstateDevelopment #TaxCredits #Sustainability

Looking to use owner financing for your construction projects? Consider these steps: 1️⃣ Evaluate your client's financial health 2️⃣ Clearly define terms and conditions 3️⃣ Set a reasonable interest rate 4️⃣ Require a down payment 5️⃣ Include a default clause Ready for more? Discover the next 5 steps here: https://bit.ly/3Rs1PX0 #OwnerFinancing #ConstructionFinance #RiskManagement

Forecasting your construction project pipeline? You’ll want to revise your financial strategy. Interest rate cuts are widely expected to begin in June. That could rapidly change the dynamic for residential and commercial development. Have you updated your funding strategy for a declining interest rate environment? Let us know in the comments. How does this change your expectations for the second half of the year? #growtcfo

Prepayments help ensure the project stays on track and that everyone is compensated for their contributions. But how can you secure a prepayment? Click play to find out! #construction #constructionproject #prepayment #contractortips

Retention billing in UK construction helps manage financial risks by withholding a portion of payment until project completion. This ensures quality and compliance. Why not optimize your billing strategy? #accountancywithpersonality 🏗️📄🔍💸✅ 👉🏻https://buff.ly/40oVsJe

Ever wondered how to effectively manage your business's financial health in the world of construction? Look no further than the Construction Cash Flow Statement! This crucial financial document tracks the ins and outs of money within your projects, helping to ensure the smooth flow of funds and avoid any financial hiccups. Take control of your finances and build a solid foundation for success today! https://lnkd.in/g37ASjT7 #ConstructionAccounting #ConstructionBudgeting

Just to clarify. The big details are what is most important. The little details are what I believe set me apart from the competition. So buying a building, first we start with the size, the taxes, the other expenses… then we dig in, how can we add more income? How can we lower expenses? How can we make the residents and the customers have and feel like they are getting a better experience than elsewhere? All of those things are key to a very successful project. With enough successful projects, follows a very successful investments company :)

Check out this CFMA webinar on Indirect Cost Allocations with my friend, Rich K. imparting his wisdom, along with Robert Biehl. This is a topic that can help construction companies determine and set policy around indirect allocations using a logical approach.