Why not recover at least five cents (and often eight to ten cents) for every dollar you spend on new construction or a purchased building? We can provide that cash payback via accelerated tax depreciation by segregating building costs into shorter lived personal property and land improvements.A cost segregation study carefully breaks down construction and acquisition costs and allocates them to specific categories - maximizing accelerated depreciation for qualifying personal property and land improvements. The shorter the depreciation period, the greater the tax savings. The study could also be used to provide the basis for property record systems. In addition, certain construction costs do not add value and should be excluded from the property tax basis. These may include overtime, demolition, etc.Critical to establishing this significant cash benefit is a detailed engineering analysis. We provide a complete cost analysis and supporting documentation, as well as the experience gained from numerous successful IRS audits. Our engineers / appraisers understand accounting and tax codes. They perform quantity take-offs from construction drawings or available data. The key to withstanding IRS scrutiny is through our application of engineering standards and our prior successful negotiations with the Treasury. We do not merely rely on broad percentage allocations or contractors lumped costs.
Why not recover at least five cents (and often eight to ten cents) for every dollar you spend on new construction or a purchased building? We can provide that cash payback via accelerated tax depreciation by segregating building costs into shorter lived personal property and land improvements.A cost segregation study carefully breaks down construction and acquisition costs and allocates them to specific categories - maximizing accelerated depreciation for qualifying personal property and land improvements. The shorter the depreciation period, the greater the tax savings. The study could also be used to provide the basis for property record systems. In addition, certain construction costs do not add value and should be excluded from the property tax basis. These may include overtime, demolition, etc.Critical to establishing this significant cash benefit is a detailed engineering analysis. We provide a complete cost analysis and supporting documentation, as well as the experience gained from numerous successful IRS audits. Our engineers / appraisers understand accounting and tax codes. They perform quantity take-offs from construction drawings or available data. The key to withstanding IRS scrutiny is through our application of engineering standards and our prior successful negotiations with the Treasury. We do not merely rely on broad percentage allocations or contractors lumped costs.