May 15, 2025 · Qualified Improvement Property (QIP) allows commercial property owners to accelerate depreciation and reduce tax liability through interior upgrades. Understand how QIP eligibility, phase …

Apr 3, 2025 · Maximize your building improvement tax deductions with QIP. Understand Qualified Improvement Property eligibility, exclusions, and how a cost segregation study can optimize your tax …

Oct 22, 2024 · Learn what Qualified Improvement Property (QIP) is, its tax benefits, its eligibility criteria, and how it impacts business property depreciation.

Mar 7, 2024 · As businesses strive to enhance their properties, the tax implications of Qualified Improvement Property (QIP) and its associated depreciation methods can be substantial.

Feb 18, 2025 · Qualified Improvement Property (QIP): Under the TCJA, QIP was intended to have a 15-year recovery period, making it eligible for bonus depreciation. Due to a drafting error, QIP was …

What is the rate of bonus depreciation on QIP? Qualified improvement property is generally eligible for bonus depreciation, allowing taxpayers to deduct up to 100% of the cost of assets up front.

Aug 8, 2024 · Qualified Improvement Property (QIP) provides more immediate deductions and tax savings for real estate owners. If you are looking to better understand QIP and how you may benefit …

Aug 9, 2021 · Qualified Improvement Property (QIP) was introduced to the federal tax code via the PATH Act of December 2015. Initially, QIP was conceived as a vehicle by which base building assets …

Jun 20, 2025 · Qualified Improvement Property (QIP) refers to any interior improvement to a non-residential building that is placed in service after the building was originally placed in service.

Jul 1, 2025 · Essentially, QIP refers to improvements made in the interior or exterior of a building that do not alter existing load-bearing walls and are not structural.