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Cost Segregation Studies

 

In A Nutshell

Many property owners are improving cash flow and finding immediate tax savings from their commercial business properties and residential rental real estate. They are finding these benefits from an unexpected source: the Internal Revenue Service. They are taking advantage of the significant tax benefits from accelerated depreciation deductions for commercial properties supported by more than 200 court cases, Treasury regulations and IRS revenue rulings.

Generally speaking, there are two ways depreciation can be calculated for real estate. One is to depreciate the entire cost of the non-land real estate over 39 years for commercial real estate or over 27.5 years for residential rental real estate. The other is through a cost segregation study which is the best way to maximize the tax benefit of the depreciation deduction and reduces the cash building owners pay out for income taxes in the first 15 years the property is owned.

Cost segregation studies are an IRS sanctioned technique allowing commercial property owners to accelerate depreciation on their facilities to 5, 7 and 15 year schedules (rather than the generally-used 39 year time frame).

For more information about cost segregation and how to maximize the benefit of your depreciation deduction on real property, follow the links to the left for other pages describing more about our cost segregation services, who can benefit from cost segregation, our process and how to receive a free evaluation. If you are interested in articles from sources outside MRS, visit the links on the right side of this web page.

Let our cost segregation specialists help you increase your cash flow by preparing a detailed cost segregation study for your commercial properties. To get more information about our cost segregation services in Jacksonville, Northeast Florida and South Georgia give us a call or email Brent Ross at bross@mrsjaxcpa.com. Take advantage of this IRS sanctioned technique today.

We hope our web pages on cost segregation are helpful to you. Thank you for visiting our web site.


Contact Us, Anytime

Meeks, Ross, Selander & Associates, CPAs, LLC is located in Jacksonville, Florida providing cost segregation services through out Florida and Georgia. We take cost segregation procedures seriously and will deliver the most defendable and effective allocation of assets appropriate uner your facts and circumstances. To contact us for a free evaluation of the cost segregation profile for your commercial building please click on this link - Contact Us, Anytime.

Articles

Cost Segregation Applied

Journal of Accountancy

Why Do I Need Cost Segregation?

Denver Business Journal

Cost Segregation Audit Techniques Guide

Internal Revenue Service

AICPA
FICPA
Integro Leadership Institute
ACFE
First Coast Manufacturers Association
SBRN
Jacksonville Chamber of Commerce
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