Fundfire interviewed Partner Martin Martinez for an article about how fund managers with net operating losses can benefit from tax changes in the CARES Act.
By Lisa Fu
Fund managers in the private equity and real estate space will get even greater benefits from the CARES Act tax changes because of their flow through structure, Martinez says. These firms should look into the new qualified improvement property (QIP) rules, which accelerate the depreciation for certain qualified improvements on a property, according to Martinez. The bonus depreciation may create additional net operating losses, allowing firms to claim a greater refund.
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