An engineering based cost segregation takes about 30 to 60 days from start to finish, though the exact timeline depends on the complexity of your property and the speed at which necessary documentation (like blueprints or invoices) can be gathered. The great news is that once the study is complete, you can immediately apply the findings to your tax return and start enjoying the accelerated depreciation savings.
The 30-to-60-day window provides ample time for the ETS engineers to thoroughly inspect the property, analyze all construction and purchase documentation, and compile the final, detailed report in an accountant-friendly format. If you need the tax savings sooner, let Engineered Tax Services (ETS) know, and ETS will help speed up the process.
Cost Segregation Study Timeline: Key Facts
- Average Duration: A typical study takes about 30 to 60 days from start to finish.
- Controlling Factors: The timeline depends on the complexity of your property and how quickly necessary documents (blueprints, invoices) are gathered.
- Benefit Timing: Once the study is complete, you can immediately apply the findings to your tax return.
- Expediting the Process: If you need the savings sooner, let ETS know, and ETS will help speed up the process where possible.
