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, ...
Cost segregation studies achieve this through identifying, segregating, and reclassifying personal property assets and land improvement assets which are depreciated over shorter tax lives as compared to the traditional 27.5-year (residential rental property) or 39-year (nonresidential real property) lives...
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, and the recovery period of tangible...
whobringbroadrangeindustryknowledgeeachengagement.professionalshaveextensiveexperiencecostsegregationstudies,rangingfromresidentialrentalpropertieswarehouses,throughpremiereofficebuildings,complexmulti-billiondollarpowerplants.Ourapproachcostsegregationinvolvesengineerswhoalsoappraisers.OurvaluationappraisalprofessionalsincludeAccredited...
Cost segregation (CS) can be applied to any commercial or rental property, whether it was recently built or acquired a dozen years ago. Despite being eligible, smaller family-owned businesses sometimes miss out on the benefits of cost segregation studies simply because they aren’t aware of ...
If you own a qualifying commercial/residential rental property and you are currently paying taxes, cost segregation is likely to provide significant economic benefit for you. Although every situation is unique, you could potentially increase your cash flow by as much as 20-40% of the property’s...