Cost Segregation is a service where we classify shorter-lived parts of a building for federal and state income tax reporting purposes. A cost segregation study will provide significant tax and cash flow benefits by accelerating depreciation deductions as allowed by tax law. A taxpayer can substantially increase after tax cash flow by segregating property costs, whether you purchase, build or own commercial/industrial or multi-family property. The main objective of a cost segregation study is to move as much depreciable basis as possible from 39 year (commercial property) or 27.5 year (residential property) assets to 5, 7 or 15 year property
Have you purchased or constructed a commercial or industrial property in the last 10 years and not had a professional cost segregation done? It is not too late! These cost segs are known as retrospective or look-back cost segregation studies, and include section 481 adjustments that are very beneficial. In fact, the tax benefits of a retrospective cost segregation are typically more significant than a “new construction” or “purchase” cost segregation. We will consult with your tax accountant to advise you if a retrospective cost segregation would work for you. We have helped many clients achieve significant tax savings.
Cost Segregation is a service where we classify shorter-lived parts of a building for federal and state income tax reporting purposes. A cost segregation study will provide significant tax and cash flow benefits by accelerating depreciation deductions as allowed by tax law. A taxpayer can substantially increase after tax cash flow by segregating property costs, whether you purchase, build or own commercial/industrial or multi-family property. The main objective of a cost segregation study is to move as much depreciable basis as possible from 39 year (commercial property) or 27.5 year (residential property) assets to 5, 7 or 15 year property