Cost Segregation
Income Tax Deductions For Your Business
We partner with one of the largest independent Cost Segregation providers in the US to serve our growing client base. If you have never had a Cost Segregation study performed for your building, you may be missing out on hundreds of thousands of dollars of income tax deductions for your business. Contact us to learn more.
Cost Segregation ("Cost Seg") involves a thorough examination of a building's components, systems, and improvements (building owner or leaseholder). After these items are vetted, our team puts together the documentation and forms to update your business' accounting method showing accelerated depreciation of applicable components and systems. This leads to larger depreciation deductions and lower tax bills.
While this may seem like a simple concept, you need a qualified engineering analysis to do it correctly. There are many pitfalls and making a mistake can be costly (penalties and interest for underpayment of tax).
When done correctly, Cost Seg can help real estate developers, purchasers, and other building owners front-load depreciation deductions and write-offs of building components.