{"id":1004121896,"date":"2015-06-24T06:37:15","date_gmt":"2015-06-24T14:37:15","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004121896"},"modified":"2022-12-07T13:32:37","modified_gmt":"2022-12-07T21:32:37","slug":"guest-column-tax-moves-for-a-rising-market","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/","title":{"rendered":"Guest Column: Tax Moves for a Rising Market"},"content":{"rendered":"
\"Dan<\/a>

Dan Evans<\/p><\/div>\n

\"Michael<\/a>

Michael Hall<\/p><\/div>\n

By Dan Evans and Michael Hall, Moss Adams L.L.P.<\/p>\n

Real estate assets are rising in value \u2014 great news for your investments, but maybe not for your tax exposure.
\nThat makes this a good time to look into tax strategies you can implement now. Doing so while the market\u2019s experiencing an uptick could have a profound impact on how much you\u2019re able to make of current gains, regardless of whether you plan to reinvest them right away or keep them around as downside protection. Furthermore, good tax planning brings benefits on the personal side, too, particularly for taxpayers in the upper brackets, many of whom now must pay the net investment income tax on top of increased tax rates on regular income and capital gains. Our tax code isn\u2019t getting any simpler, so it\u2019s important you know what your planning options are and what strategies are available to you if you hope to make the best of things.
\nSo what are some of the strategies you should consider for holding onto more of your gains? Let\u2019s look at six of the best ways you can reduce how much tax you and your real estate firm are required to pay.<\/p>\n

Cost Segregation<\/strong>
\nCost segregation is a tax deferral strategy that front-loads depreciation deductions into the early years of ownership. Segregating the cost components of a building into the proper asset classifications and recovery periods for federal and state income tax purposes results in significantly shorter tax lives. Rather than the standard 27.5-year and 39-year depreciation periods, assets depreciate over a five-, seven- or 15-year period. In other words, you\u2019re able to defer taxes, putting more cash in your pocket today.
\nWhether you\u2019re building, remodeling, expanding or purchasing a facility, a cost segregation study can help increase your cash flow. Many property owners don\u2019t take advantage of these provisions, and as a result, they end up paying federal and state income taxes sooner than they need to.<\/p>\n

Tangible Asset Incentives<\/strong>
\nSince you\u2019ll likely need to review your compliance with the IRS\u2019s new tangible property regulations, take the opportunity to examine your assets for potential write-offs and losses, as well. This is especially relevant now, because 2014 is the only year you can look back to prior years to claim write-offs and losses. If you\u2019ve extended your return, you still have time to examine these additional opportunities. If you\u2019ve already filed, there are still opportunities to claim write-offs and losses moving forward.
\nReal estate companies in particular that don\u2019t take advantage of the opportunity to claim partial disposition losses could be forfeiting significant tax savings opportunity, depending on the scope of their business and holdings. To put it in concrete terms, take the following example: A firm that spent $500,000 to improve a building in 2008 (assuming the original building was placed into service in 2006) might be expected to uncover as much as $400,000 in losses\u2014reducing its tax liability by $158,000 at the 39.6 percent tax rate.<\/p>\n

Passive Activity Rules and the Net Investment Income Tax<\/strong>
\nThe IRS is increasingly auditing taxpayers with rental real estate activities in an attempt to reclassify their associated losses as passive, which can generally be used to offset only passive income. If you\u2019re faced with an audit and your losses are recategorized as passive, you won\u2019t be able to offset as much of your active income, which could lead to a large resulting tax bill. Certain taxpayers can avoid this treatment if they qualify as a real estate professional. Be sure you understand what participation levels are required of a real estate professional and carefully consider the one-time activity grouping options to improve your tax outcome.
\nDeducting losses isn\u2019t the only reason to take a hard look at the real estate professional and passive activity regulations. They\u2019re also applicable to the new 3.8 percent net investment income tax, which is imposed on income from a \u201cpassive\u201d business and is in effect as of the 2013 tax year. These regulations are a minefield for the average taxpayer, so use caution when implementing a strategy to reduce your exposure to this tax.<\/p>\n

Section 1031 Planning<\/strong>
\nThis technique allows investors to trade one qualified property for another and defer capital gains tax on the transaction. Involving your tax professional early on in this kind of transaction is the best way to generate the outcome you\u2019re looking for.<\/p>\n

Land Banking<\/strong>
\nIf done properly, a land banking strategy will generate long-term capital gains on the appreciation of real property before development occurs. This strategy can save a lot of money, but it has to be done right. In a nutshell, it works like this:
\n\u2022 The taxpayer holds appreciated raw land on which development has not yet begun but that the taxpayer wishes to develop.
\n\u2022 The taxpayer sells the land to a related S corporation, recognizing a long-term capital gain on the predevelopment appreciation.
\n\u2022 The S corporation develops the land and sells the finished plots to customers, recognizing ordinary income on any subsequent appreciation.
\nStructuring an arrangement like this generally involves a time frame of several years, and since there are some unique rules surrounding it, it\u2019s important to work with a CPA firm experienced in the real estate industry to make sure you don\u2019t run afoul of the regulations.<\/p>\n

Property Tax<\/strong>
\nContrary to what many businesses may think, property tax isn\u2019t a fixed operating expense. For owners (and often renters) of real estate, if the assessed value is higher than current fair market value, there are ways to challenge and mitigate property tax assessments, which can help you ease your overall tax burden.
\nYet many companies with significant investments in real and personal property often lack the internal resources to take charge of their property tax assessments. This can result in overpayment of tax liabilities as well as penalties and interest. Note, for example, that the requirements and category definitions for reporting on real and personal property tax differ from the definitions used for federal income tax. This discrepancy in definitions and requirements often results in overreported costs, duplicate assessments and assessments on property that should be exempt.<\/p>\n

Dan Evans has practiced public accounting since 1998. He focuses on tax and business issues at Moss Adams for real estate, construction and transportation companies, and he develops and implements tax planning strategies for partnerships, limited liability companies and S corporations. Dan can be reached at (206) 302-6384 or dan.evans@mossadams.com.
\nMichael Hall has practiced public accounting since 1988, providing tax and business planning services for middle-market businesses and their stakeholders in the commercial real estate industry. You can reach him at (206) 302-6440 or michael.hall@mossadams.com.
\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

With real estate assets rising in value, now is a good time to evaluate your tax strategies.<\/p>\n","protected":false},"author":755,"featured_media":1004121943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004121896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nGuest Column: Tax Moves for a Rising Market - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Guest Column: Tax Moves for a Rising Market\" \/>\n<meta property=\"og:description\" content=\"With real estate assets rising in value, now is a good time to evaluate your tax strategies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-24T14:37:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T21:32:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/06\/Evans-Hall-for-homepage.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"150\" \/>\n\t<meta property=\"og:image:height\" content=\"150\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Suzann D. Silverman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/\"},\"author\":{\"name\":\"Suzann D. Silverman\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c76ee9cae0414c33cc46212296dda6b9\"},\"headline\":\"Guest Column: Tax Moves for a Rising Market\",\"datePublished\":\"2015-06-24T14:37:15+00:00\",\"dateModified\":\"2022-12-07T21:32:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/\"},\"wordCount\":1143,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/06\\\/Evans-Hall-for-homepage.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/\",\"name\":\"Guest Column: Tax Moves for a Rising Market - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/06\\\/Evans-Hall-for-homepage.jpg\",\"datePublished\":\"2015-06-24T14:37:15+00:00\",\"dateModified\":\"2022-12-07T21:32:37+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c76ee9cae0414c33cc46212296dda6b9\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/06\\\/Evans-Hall-for-homepage.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/06\\\/Evans-Hall-for-homepage.jpg\",\"width\":150,\"height\":150},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/guest-column-tax-moves-for-a-rising-market\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Guest Column: Tax Moves for a Rising Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c76ee9cae0414c33cc46212296dda6b9\",\"name\":\"Suzann D. Silverman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/03\\\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/03\\\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/03\\\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96\",\"caption\":\"Suzann D. Silverman\"},\"description\":\"Suzann D. Silverman is editorial director of CPE. She has covered the commercial and multifamily real estate industry since 1995, becoming editor-in-chief of Commercial Property Executive (formerly Commercial Property News) in 1998 and editorial director of both CPE and Multi-Housing News in 2016. She is also a longtime board member of the National Association of Real Estate Editors, currently serving as vice president. You can reach her at suzann.silverman@cpe-mhn.com.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/suzann-d-silverman\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Guest Column: Tax Moves for a Rising Market - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/","og_locale":"en_US","og_type":"article","og_title":"Guest Column: Tax Moves for a Rising Market","og_description":"With real estate assets rising in value, now is a good time to evaluate your tax strategies.","og_url":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-06-24T14:37:15+00:00","article_modified_time":"2022-12-07T21:32:37+00:00","og_image":[{"width":150,"height":150,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/06\/Evans-Hall-for-homepage.jpg","type":"image\/jpeg"}],"author":"Suzann D. Silverman","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/"},"author":{"name":"Suzann D. Silverman","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c76ee9cae0414c33cc46212296dda6b9"},"headline":"Guest Column: Tax Moves for a Rising Market","datePublished":"2015-06-24T14:37:15+00:00","dateModified":"2022-12-07T21:32:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/"},"wordCount":1143,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/06\/Evans-Hall-for-homepage.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/","url":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/","name":"Guest Column: Tax Moves for a Rising Market - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/06\/Evans-Hall-for-homepage.jpg","datePublished":"2015-06-24T14:37:15+00:00","dateModified":"2022-12-07T21:32:37+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c76ee9cae0414c33cc46212296dda6b9"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/06\/Evans-Hall-for-homepage.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/06\/Evans-Hall-for-homepage.jpg","width":150,"height":150},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/guest-column-tax-moves-for-a-rising-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Guest Column: Tax Moves for a Rising Market"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c76ee9cae0414c33cc46212296dda6b9","name":"Suzann D. Silverman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/SSilverman_101713_04_cropped-for-headshot.jpg?w=96","caption":"Suzann D. Silverman"},"description":"Suzann D. Silverman is editorial director of CPE. She has covered the commercial and multifamily real estate industry since 1995, becoming editor-in-chief of Commercial Property Executive (formerly Commercial Property News) in 1998 and editorial director of both CPE and Multi-Housing News in 2016. She is also a longtime board member of the National Association of Real Estate Editors, currently serving as vice president. You can reach her at suzann.silverman@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/suzann-d-silverman\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/06\/Evans-Hall-for-homepage.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004121896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/755"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004121896"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004121896\/revisions"}],"predecessor-version":[{"id":1004616364,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004121896\/revisions\/1004616364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004121943"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004121896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004121896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004121896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}