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Doing your self-storage business taxes can be daunting, but with some strategic planning, the payoff can be rewarding. Learn how cost segregation can help you save thousands of dollars and increase cash flow.
Life Storage Inc., a self-storage real estate investment trust (REIT) and management company, received permission to reduce the job commitment for its facility in Hicksville, N.Y., without suffering a decrease in its Nassau County tax breaks. The...
Update 12/5/19 – Nitzberg and Brian Caster, CEO of Caster Properties, which operates the A-1 Self Storage brand, will co-chair a national Self Storage Association (SSA) task force that will examine ways the industry can combat California...
Confusion over the new tax code can cause self-storage owners to leave money on the table. Learn strategies designed to take full advantage of recent tax reform.
Self-storage operators across North America are sometimes burdened with tax liabilities that create unexpected expense hikes. Those in California, Nebraska and Alberta, Canada, are learning this firsthand in 2019. This video discusses recent...
Update 6/7/19 – Measure EE was rejected by voters on June 4, saving self-storage and other property owners within the LAUSD boundary from having to pay an additional parcel tax. Of the 277,144 votes cast in the special election, 53 percent were...
John Milino, owner of Alberta Storage Place Ltd. in Calgary, Alberta, Canada, recently received his monthly tax bill and was shocked to see an increase from $8,408 to $10,440 for the second half of the year. Since 2015, the annual tax bill for his...