If you built or bought your commercial or residential real property after 1986, it may qualify for cost segregation treatment. Your decision concerning the benefit of a study depends upon your facts which drives the benefit which must be compared to the cost of the study to evaluate your return on investment.
The facts include:
The benefit is the net present value of the future cash flows for income taxes less the cost of the cost segregation study.
If you provide the facts we will prepare a feasibility study for your project that will estimate the following:
The expected reclassification of building costs out of 39 or 27.5 year property to 15 and 5 year property.
The depreciation differential with a cost segregation study,
The net present value of the estimated change in cash flows for income taxes over the life of the property, and
The fixed cost of preparing the study
You will then be in a position to properly evaluate the relationship between the cost of the project and the benefit to be derived and can then decide if the project is feasible for your facts and circumstances.
If you provide us with the facts, including a copy of your current detail depreciation schedule for the property (if available), we will provide you with the complimentary cost benefit analysis and help you evaluate the feasibility of the project.
All you have to do is send us:
We will prepare your complimentary feasibility analysis and contact you to discuss the results. Email the information above to Brent Ross by clicking on his name to bring up a contact page.
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"Over many years, Brent's firm has represented several of my clients (Disclosure-I am Brent's brother and a practicing attorney), and those clients and myself have found the personnel in Brent's firm to be very knowledgeable..." read more
"I have know Brent for a while now. He does more than just your taxes. He is a true advisor that help business owners unlock more profit in their operations..." read more
"Brent and his team don’t just "crunch numbers”. He provides a variety of services to help their clients improve their businesses. Brent’s cost segregation studies can generate an immediate increase..." read more
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Real estate investors have reason to celebrate in the upcoming tax season: The Tax Cuts and Jobs Act significantly expanded the first-year tax breaks for bonus depreciation and Section 179 deductions. But Congress may need to fix one intended change before it can benefit investors. And there are some pitfalls to consider before taking advantage of first-year depreciation breaks for real estate.
Historically, companies that wanted their employees to be protected with health coverage, but didn't want the hassle of having a company health plan, could simply give employees an amount of money sufficient to reimburse them for the cost of buying that coverage or some portion of it. As long as the individuals provided evidence that they used those funds for that purpose, the dollars were excludable from taxable income for the employees.