March 5, 2020

Fortune magazine quoted Partner Kurt Koegl in an article about speculation in the Montreal real estate market.

Fortune

By Tracey Lindeman

Related Industry Real Estate

Fortune magazine quoted Partner Kurt Koegl in an article about speculation in the Montreal real estate market.

Excerpt:

“Banks are definitely a large driver of the real estate industry because the owner of the building gets to depreciate 100% of the purchase price regardless of whether it was raised through debt or equity,” says Kurt Koegl, a CPA focused on real estate and a partner at Marcum LLP, referring to U.S. law. “Levering the building, especially when interest rates are low like they are today, really multiplies the return that landowners get.”

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Kurt R. Koegl

Kurt R. Koegl

Partner

  • Tax & Business
  • New York, NY