If you recently purchased or are planning to purchase an existing property, we can help make your new acquisition more affordable by conducting an Engineering Based Cost Segregation study for the property. This will enable certain building components to be reclassified as tangible personal property or land improvements that can be depreciated over 5, 7, or 15 years rather than real property that is depreciated over 39 years (27.5 years for residential rental property).
Due to the shorter recovery periods and accelerated depreciation methods, items reclassified as tangible personal property and land improvements generate faster depreciation write-offs thus increasing your cash flow. In addition, our Cost Segregation Specialists will assign a depreciable life and a project cost to every component within the property. This will give you the ability to write-off short and long life assets that are retired in the years following the study.
We can conduct an initial evaluation based on some basic property information and prepare a cost vs. benefit analysis that will layout the expected tax benefits and the fixed fees required to complete the study. Then you can make an educated decision whether or not to go forward with the study.
If you would like to take advantage of our free, no cost no obligation initial evaluation click here to complete our Request For Proposal form. We will conduct a preliminary evaluation and provide you with the results within 3 to 5 business days. The evaluation will detail the estimated benefit in your building(s) and our flat fee to complete the study.
If you would rather talk to someone about your building or situation please feel free to contact us at 1.866.303.6695.
If you purchased an existing property or constructed a building more than two years ago, please see Look Back Studies.
Contact Us for Free, No Hassle, Property Evaluation.