The article focuses on the U.S. Tax Court case In re AmeriSouth XXXII Ltd., which dealt with taxpayer classification of personal property instead of residential rental properties in tax filings. Topics include the depreciation period of real property, single asset classification of real property,...
Engineering-Based Cost Segregation is the mostmethodical and accurateIRS method for accelerating building depreciation for commercial and residential rental properties. More About Cost Segregation Studies Asset Retirement Studies Have you replaced any structural components of your building, such as a roof, ...
from car dealerships to manufacturing facilities to residential rental units to retail shopping centers and stores. And contrary to popular opinion, cost segregation studies aren’t only applicable to brand-new construction — any facility acquired within the last 15 years may be a good candidate fo...
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Explore our extensive collection of cost segregation studies. Learn how businesses across various industries can benefit from these tax deductions.
Cost Segregation Studies A high percentage of clients aren’t aware that it’s possible to accelerate depreciation and defer tax liability until a later date by dissecting your residential or commercial real estate into its taxable components. Instead of depreciating an entire residential property ...