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You’ve secured one of Indiana’s business tax credits (EDGE, HBI, RTC, etc.). Now what? Ensuring you properly claim your award is critical to maximizing your benefits. Follow this step-by-step approach to guarantee you’re not leaving money on the table. Step 1: Include the certification letter in your tax filing. The Indiana Economic Development Corporation (IEDC) … Continue reading Maximize Your Indiana Tax Credits:
A Step-By-Step Guide To Claiming Your Award

The Challenge In 2021, KSM Location Advisors (KSMLA) successfully secured a real property tax abatement for a speculative development in Indiana. However, by 2023, a new, out-of-state owner acquired the building but failed to file the required annual paperwork, leading to the loss of nearly $900,000 in tax benefits in the first year alone. Our … Continue reading Case Study: Maximizing & Maintaining Tax Benefits for a Speculative Development

This article originally appeared in Amesto Global’s Q3 Wrap Up. At Amesto Global, our goal is to help reduce the headaches that come with scaling operations across borders. One of the major challenges our clients face when setting up in the US is selecting the right location. From choosing the right state for these operations, … Continue reading Navigating Site Selection &
Economic Development Incentives in the US Market

The Indiana General Assembly recently closed its 2024 legislative session without much fanfare, but a few of the bills that passed are noteworthy for real estate developers and investors. Maybe equally important for the real estate industry is what didn’t make its way into final legislation. Is Your Property “TIF-able”? Tax increment financing (TIF) is … Continue reading Indiana Legislative Moves That Will Impact the Real Estate Industry

The shift to remote work since the pandemic has significantly impacted the real estate market, and office properties have taken some of the biggest hits. Many companies are finding they don’t need the same amount of square footage as before. This is leading to higher vacancy rates and rising cap rates, which ultimately reduce the … Continue reading Mitigating Property Tax Consequences on Office Properties

Tax increment financing (TIF) is a tool used to fund economic development by capturing future increases in property tax dollars generated from new industrial, commercial, or even residential development. This increase in property tax dollars is the incremental increase in assessed value that is typically determined by an assessor once the construction of the improvements … Continue reading Decoding Tax Increment Financing (TIF)

This article originally appeared in Area Development. I’ve spent the last 25 years working in and around economic development. The last 18 have been spent in the private sector working with companies interested in locating new or expanded facilities and exploring economic incentives that support their growth plans. I’ve been in the industry so long, … Continue reading A Message to CREs: What’s Old Is New Again

INDIANAPOLIS – Katie Culp has been named to IBJ Media’s Indiana 250, a list of the most influential business leaders across the state of Indiana in multiple industries, for the second consecutive year. Culp was chosen for her many accomplishments in the economic development and real estate field. She currently serves as CEO of KSM … Continue reading Katie Culp Named to IBJ Media’s Indiana 250
for Second Consecutive Year

This article originally appeared in Area Development. These days, almost any consumer can tell you that our country has a workforce problem. From daily, negative retail experiences to delays in consumer product shipping, even my 72-year-old mother knows that businesses are challenged to find the employees needed to meet demands. (And boy, does she verbalize … Continue reading Responding to the New Reality: Robots vs. Humans

Economic development is a constant priority for the Indiana General Assembly, and 2023 was no exception. During this year’s legislative session, lawmakers added funding to a variety of incentive programs that promote investment in Indiana – and created other economic development programs anew. Highlights include a second round of funding for the popular READI program, … Continue reading Indiana General Assembly Makes Forward Moves in Economic Development During 2023 Session