Yes. We provide cost segregation services throughout the United States of America on nearly every type of commercial property including residential rentals and agricultural properties. If you own commercial property in the USA and you are subject to US Federal and State Taxes, you probably qualify for a Cost Segregation Study. We provide free projections so [...]
Cost Segregation (also called accelerated depreciation) is an IRS approved tax saving strategy available to commercial property owners and real estate professionals. Cost Segregation is the most accurate and correct method to depreciate commercial property assets for those who plan to hold their properties for an extended period of time...usually at least 4 or 5 years. [...]
Any property owner or real estate professional who has purchased, constructed, renovated, remodeled, restored, or expanded a commercial building since 1986. There are also benefits for those who paid for facility leasehold improvements over $100,000. Property owners who are planning for a future 1031 exchange, would also qualify for Cost Segregation. Generally, properties with a minimum [...]
Individual benefits will vary from one tax situation to the next, but these are the general benefits most of our clients experience: Increased Cash Flow Large Income Tax Deferrals Independent Verification of Depreciation Schedules Ongoing IRS Audit Protection and Support from NCSS Catch-Up Depreciation Bonus Depreciation Suite-by-Suite Breakdowns of Building Costs Capitalized time value of money [...]
Short Answer: Probably not. It is important to understand that a well done Cost Segregation Study is a combination of tax law and engineering principles. A knowledgeable CPA can perform a cost segregation study, but without expertise in construction and engineering, CPAs are left performing an invoice-based cost segregation effort. This method is usually limited to [...]
No. Cost Segregation is the correct method of depreciating commercial real estate. If a study is done at the very beginning of a property being placed in service, the proper method of depreciation is now already in place and will continue forward until the building is fully depreciated or the owner sells the property. For properties [...]
Short Answer: Generally $6,000 - $12,000 for an engineer based study. We do offer additional savings on multi-building projects. Our fee structure is based off the amount of time we project it will take us to complete the study. We have one time fees that are fixed and not a % of savings from the study. Generally, our clients experience [...]
Yes you will. Consider, however, the benefit of having your money now and being able to invest it in additional properties, building improvements, paying down debt, etc. The value of your dollar will continue to go down, so front-loading your depreciation deductions into the early years of ownership allows you to capitalize on the time value of money. Think [...]