HOW COST SEGREGATION WORKS FOR YOUR CLIENTS.
UNDERSTANDING THE BENEFITS OF A COST SEGREGATION STUDY
In today's business arena, CPAs are always looking at opportunities for tax saving strategies that will benefit their clients. Implementing cost segregation strategies produce results by accelerating depreciation which reduces taxes substantially. Building components are assigned values and MACRS lives. Shorter life components qualify for immediate write off under new bonus rule. These component values also assist CPAs with disposition and repair deductions. Our team can conduct a cost segregation study for your client utilizing quality standards to ensure both accuracy and adherence to current tax laws.
All structures qualify for Cost Segregation. Based on our experience, the average reclassification for 27.5 and 39 years to shorter lives are reflected in the two lists noted here. Want to learn more about a specific property? Contact us below for more details.
WHAT QUALIFIES?
Restaurants (20-45%)
Hotels (25-50%)
Shopping Malls (20-40%)
Retail Facilities (30-60%)
Theme Parks (15-35%)
Grocery Stores (20-35%)
Self Storage Facilities (20-60%)
Apartment Buildings (15-45%)
RETAIL/CONSUMER
COMMERCIAL
Parking Lots, Sidewalks and Curbing
Certain Electrical and Mechanical Systems
Moldings & Decorative Lighting
Communication Systems & Redundant HVAC Systems
Sewer and Drainage Systems
Wall Coverings, Millwork & Floor Coverings
Specialty Panels and Wiring
Computer Data and Power
Security Access and Monitoring Systems
Vents, Exhaust Systems & Specialized Air Filtration
Window Treatments & Outdoor Lighting
Landscaping and Fencing
COMPONENTS FOR SHORTER LIVES
Medical/Dental (20-35%)
Warehouses (10-20%)
Hospitals (20-40%)
Manufacturing Facilities (35-45%)
Office Buildings (10-25%)
Banks (35-50%)
Auto Dealerships (15-35%)