For commercial property owners and companies we help locate hidden savings through cost segregation. A relatively unknown procedure, cost segregation is a tax saving strategy which enables individuals and companies who have purchased, expanded, or remodeled real estate in an effort to increase cash flow by speeding up deductions or depreciation and deferring state and federal income taxes.
Any structure used for business or as rental property can be eligible for the benefits of cost segregation.
To truly calculate what those savings will be, a cost segregation study must be done. The study identifies and reclassifies personal property assets to shorten the depreciation time for taxation purposes, which reduces current income tax obligations. It is generally beneficial if the property is not operating at a loss and is generally applicable unless the property is for a non-profit organization.
On average, the savings is roughly 15 to 30 times the cost of the study. The ideal time for a cost segregation study can vary depending on a client’s tax situation.
Our team of engineers and tax experts work together with clients and their accountants to recommend the best tax planning solution to fit their needs. We encourage you to use our Request A Free Estimate form to find out your estimated cost segregation savings.
Request A Free Estimate – For a more accurate estimate, we will contact you for details after you submit your information.