Cash flow now and in the months ahead is critical for property owners as well as for tenants. CCIM has teamed up with CSSI to provide this time sensitive webinar. It is more important than ever for a CCIM broker to remain a Trusted Advisor and provide critical information for their clients, so that they may continue to thrive in this challenging investment environment. This webinar will provide valuable details on The CARES Act Legislation pertaining to special tax treatment available for anyone who owns or leases commercial or residential income property.
You will strengthen client relationships by informing them of this profitable solution which can replace significant cash flow they may have recently lost. This CARES Act Legislation surrounding taxes for Landlords creates $30,000 to $80,000 in increased cash flow per $1,000,000 of property owned. This program not only boosts cash flow for investment property owners, but is highly beneficial for those who have simply paid for tenant improvements.
Specific topics to be covered, include: using an NOL (net operating loss) in a loss carryback to generate a refund, ways to create an NOL by reducing your taxes in the current cycle, and maximizing the benefits of Qualified Improvement Property, which now meets the definition for Bonus Depreciation.
The CARES Act allows owners to get money back from the US Treasury when they need it most; this coming in the form of a cash refund or as a reduction of taxes in the current cycle. We look forward to diving into greater detail in this exciting webinar—we hope you will join us!
SPEAKER & MODERATOR
Warren Dazzio serves as Executive Vice President of CSSI, Inc. As a natural leader, Warren brings ethics and integrity into every aspect of his life and work. He spent the first 20 years of his career in ministry and has a degree in theology from Franciscan University in Steubenville, OH. He later pursued an advanced degree in Business and received an MBA from Louisiana State University.
Warren started and ran his own healthcare company from concept to market and he has extensive knowledge of sales and business development. Warren brings a team mentality to CSSI in supporting our extensive sales channels and helping to develop new products and services to bring to the organization. He has extensive knowledge of tax law and consults with building owners and development firms to reduce or defer their taxable income. He travels the US providing educational webinars on tax law and solutions for accounting professionals, building owners, wealth managers and real estate professionals.
Warren and his wife of more than 25 years enjoy spending time with their three daughters and their yellow lab. As a family, they enjoy all sorts of outdoor activities ranging from hunting and hiking to spending time at the beach.
Jeffrey Albee, CCIM
Jeff Albee brings over 30 years of experience leading and consulting on complex commercial real estate transactions where he has been involved in the sale and lease of more than $1.5 billion dollars of real estate investment assets (over 20 million square feet). With an emphasis on building long term values for clients, Jeff draws on his experience in real estate brokerage to distinguish himself as one of the top investment sales brokers in Los Angeles, and he has consistently ranked as a “Top Advisor” at SVN since joining the company. Jeff’s background includes managing various teams of commercial real estate advisors who have specialized in industrial, office, multifamily, and retail properties. Jeff’s reputation of being a successful advisor, executive, and mentor is brought on by his exceptional work ethic and incomparable market knowledge. Jeff has been named by Los Angeles Business Journal as one of the Most Influential Brokers in the Greater Los Angeles Area. In 2017, Jeff was elected by his peers to be the President of the Los Angeles Chapter of CCIM.