Industry Outlook 2019-2020: Real Estate

Demand for affordable and workforce housing in urban areas is expected to increase the average height of buildings in some western urban centers, including Phoenix. The Phoenix City Council approved a measure for downtown residential developers to receive either a tax break or an allowance to build taller structures if a percentage of apartment units[ … ]

Is A Perfect Storm Headed for Arizona’s Booming Real Estate Industry

Phoenix-area home buyers know all too well that a hot housing market isn’t guaranteed to be a permanent fixture. While job numbers and housing starts are currently skyrocketing, there are signs a perfect storm is brewing on the economic horizon. Arizona’s last jobs report featured an unemployment rate at 4.7 percent, a strong number buoyed[ … ]

Industry Outlook 2018: Real Estate

The 2018 CFO Spotlight Survey attracted respondents from a number of industries in Phoenix and Tucson. We will highlight the real estate segment here in terms of growth, risk factors, strengths and trends. Real estate investment and management groups primarily responded to the Survey — two-thirds based in Tucson and one-third based in Phoenix. Optimism[ … ]

Phoenix Projected To Be Top Housing Market In 2017

The Valley’s relationship with real estate has been up and down, featuring some of the best and worst runs of any market in the country. Over the past couple of years, normalcy has set in with prices gradually going up and foreclosures going down. And now, the website is projecting that Phoenix will be[ … ]

Comprehensive Analysis of Final Repair/ Capitalization and Proposed MACRS Disposition Regulations

(Source: CCH Incorporated) — The IRS’s long and tortuous repair regulation journey neared comple­tion with the issuance of final repair regulations in T.D. 9636 on September 19, 2013, and Rev. Proc. 2014-16 (I.R.B. 2014- 7, January 24, 2014) detailing the account­ing method changes needed to comply with the regulations. Unfortunately for taxpayers (and their return preparers),[ … ]