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Welcome
to costsegs.com! |
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We
Are A Team Of Professionals Who Specialize In
REAL
ESTATE COST SEGREGATION STUDIES. |
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Taxpayers
can accelerate tax depreciation deductions and reduce taxes on new
and existing building through our Cost Segregation Studies. |
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Our construction
specialists will assist you in realizing significant depreciation
deductions from: |
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New buildings and facilities
currently under construction |
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Existing buildings undergoing
renovation, remodeling, restoration or expansion |
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Buildings placed in service
as far back as 1987 |
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Leasehold improvements to
offices and facilities |
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Acquisitions or investments
in real estate properties |
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Our analysis will
identify overlooked costs that may be segregated for accelerated
depreciation. For example, we will break out the costs of wiring
required to power machinery from general building wiring costs. |
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We
Provide Full Documentation And Audit Trails For Our Work!
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Recent
tax litigation and subsequent IRS pronouncements pave the way for
realization of significant tax benefits associated with depreciation
of real property. The tax court recently ruled that certain costs,
which had been classified as buildings subject to a 39-year
depreciable life, should be classified as personal property subject
to a 5, 7 or 15-year depreciable life.
The IRS allows a taxpayer to go back as far as 1987 to reclassify
personal property items that have been incorrectly depreciated. This
change in depreciable lives is prospective and no amended returns
are required.
On the average, for every $100,000 of 39-year property reclassified
to 7-year property, the present value of the net cash flow at 8%
associated with the acceleration of depreciation is approximately
$20,000. In addition, a dollar invested today at 8% will be worth
$20 in forty years. |
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