Posts by

Joe Thompson, MAI, CCIM

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Cut & Fill & Rock, Oh my!

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March 12, 2022

In valuation or negotiation, you better know your site work cost in Southwestern Virginia. All too often, appraisers and market participants are overlooking the effects of these substantial costs.

COMING SOON - Stormwater - A Sprinkle or Downpour on Your Proformas?

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March 12, 2022

Stormwater has been a hot topic over the last decade. WIth the addition of Stormwater Fees for operating properties, this expense must be considered in the valuation of income producing properties. Development costs also need to account for the added cost of storm water quality and quantity controls that may be necessary on development sites. 

COMING SOON - Bonus Depreciation - Get Ready for the Last Year of 100%

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March 12, 2022

2022 marks the last year of 100% bonus depreciation benefits from the Tax Cuts & Jobs Act. It pains me to not hear more real estate discussions centered around bonus depreciation. The federal government has told real estate professionals "Get to work and You will be rewarded for it!" Are real estate pros listening?