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Completed Contract Method for Residential Contractors
New tax rules could save you $50,000+ on your next apartment project. The Completed Contract Method (CCM) now covers multifamily developments, not just single-family homes. This means deferring all income taxes until your project finishes, keeping more cash in your business during construction. Here's the bottom line: If you build apartments, senior living facilities, or student housing, you might qualify for significant tax savings starting with your next contract. Table o
1 hour ago6 min read
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