Due Diligence Is The Solution When utilizing a Cost Segregation study, performing proper due diligence is the key to avoiding costly mistakes for real estate clients. The Audit Technique Guide The IRS has an audit
If you are a property owner, then you can benefit from bonus depreciation. Bonus depreciation is eligible on qualifying property with a class-life of 20 years or less. What is Bonus Depreciation? Bonus depreciation is
After more than 40 years of court rulings and legislative acts affecting the Investment Tax Credit, cost segregation has become a complex niche incentive within real estate. To fully understand and implement cost segregation studies,
Was a cost segregation study or energy study ruled out due to a net operating loss at the personal tax level of the shareholder/partner? Depending on the size of the client’s Individual Retirement Account (IRA)
If you are planning to get a cost segregation study done in the future, it’s wise to get an abandonment study done right after purchase. Why should you do this? Find out here. ATTENTION COMMERCIAL PROPERTY OWNERS:
Many different case scenarios can utilize cost segregation studies. Taxpayers who own properties, purchase existing properties, and construct new properties can all benefit from the tax laws that allow cost allocations. Typically, properties that are
Franchisors like hotels, restaurants, automotive services, retail stores, and more could be missing major tax benefits if they are not taking advantage of a cost segregation study. In addition to franchises, any business involving real
If you are a self-storage owner, cost segregation is a vital tax tool that you can take advantage of today. A cost segregation study has the potential to put more money in your pocket than