The Cost Segregation Study Specialists!
Welcome to Costsegs.com!

Welcome to costsegs.com!

We Are A Team Of Professionals Who Specialize In
REAL ESTATE COST SEGREGATION STUDIES.
Taxpayers can accelerate tax depreciation deductions and reduce taxes on new and existing building through our Cost Segregation Studies.
Our construction specialists will assist you in realizing significant depreciation deductions from:
New buildings and facilities currently under construction
Existing buildings undergoing renovation, remodeling, restoration or expansion
Buildings placed in service as far back as 1987
Leasehold improvements to offices and facilities
Acquisitions or investments in real estate properties
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.

We Provide Full Documentation And Audit Trails For Our Work!

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.

Phone 716-633-9840

Fax 716-633-9469

Email info@costsegs.com

 

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