Cost Segregation
To accelerate the depreciation for taxes purposes, a cost segregation study separates and reclassifies personal property from real property assets. As a result, taxable income is decreased. Non-structural assets are referred to as personal property, or section 1245 property. With shorter lifespans, other property, including land improvements, may also lose value. Finding all costs that can be depreciated over a shorter tax life is the main objective of a cost segregation study.
What Building Components Qualify?
- Parking Lots (asphalt)
- Curb, Gutter, Sidewalks
- Storm Drains
- Irrigation Systems
- Retaining Walls
- Trees, Shrubs, Landscaping
- Carpet
- Countertops
- Cabinetry
- Blinds/Window Coverings
- Auxiliary Lighting
- Specialty Plumbing
- Window Treatments
- Wall Coverings
- Removable Flooring
- And more!
What Types of Buildings Qualify?
- Apartment Complexes
- Assisted Living Facilities
- Auto and Truck Dealerships
- Banks
- C-Stores
- Charter Schools
- Data Centers
- Day Care Centers
- Dental Facilities
- Distribution Centers
- Funeral Homes
- Golf Courses
- Grocery Stores
- Hospitals
- Hotels
- Industrial
- Manufacturing Facilities
- Marinas
- Medical Offices
- Motels
- Movie Theatres
- Office
- Residential Rentals
- Restaurants
- Retail Stores
- Self-Storage Units
- And more!
The Process
We Take You Through Step by Step
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1. Feasibility Consultation
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2. Engagement (no deposit req'd)
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3. Collect Documentation
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4. Site Visit
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5. Engineered Costing Process
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6. Write Report and Reviews
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7. Deliver Report