Using your university buildings to generate a tax cash benefit

By Philip Antoon and Mark Young. There is an opportunity that many universities are unaware of that can provide immediate tax cash savings. If you have conducted renovations to your buildings in the past, you may be in a position to take advantage of recently released Internal Revenue Service (“IRS”) regulations. The following provides a brief background of the opportunity, outlines the characteristics of entities that can benefit, and also provides a roadmap for how to take advantage of this benefit. More...