Cost Segregation: How It Can Benefit Your Business Tax planning is a vital part of any company’s financial strategy. At its core, it focuses on legal ways of optimizing tax breaks and reducing liabilities. Maybe you’ve heard the term “cost segregation” used by tax professionals. You may wonder, “What is a cost segregation study and … Read More
Cost Segregation for Residential Property A cost segregation real estate analysis is a tax planning method used by companies and individuals who have remodeled, constructed, or purchased any type of real estate. This method allows them to accelerate depreciation deductions, which in turn defers federal and state income taxes and increases cash flow. If you … Read More
Can You Do Cost Segregation for Commercial Real Estate? Claiming tax benefits can help you avoid losing money on your commercial real estate investments, especially if you intend to operate your properties for years to come. A common tax benefit is to claim your buildings on your tax form as depreciations. Using cost segregation for … Read More
Cost Segregation and Allocation for Mixed-Used Properties: What You Need To Know Seasoned tax professionals and CPAs understand the importance of cost segregation real estate studies. Mixed-use buildings present notable tax complexities, especially with applicable IRS regulations. A Certified Cost Segregation Professional (CCSP) can help with navigating these complexities. A condo tax basis allocation and … Read More
How Does Cost Segregation Work for Residential Real Estate? Cost segregation in real estate is a way for real estate investors to deduct from their taxes the amount of depreciation or the decline over time of the value of their property. Real estate cost segregation presents an opportunity for property owners to pay fewer taxes … Read More
Choosing the Best Cost Segregation Provider If you own an investment property, you know that depreciation of the structure can take 10-40 years or more, which means it can be quite a long time before you see the tax benefits from it. What you might not know is that you can receive deductions for non-structural … Read More
The Power of Cost Segregation Analysis: Maximizing Tax Benefits for Residential Real Estate Owners Tax professionals and CPAs strive to provide the best possible services and advice to their clients. This often requires a delicate balance between acting in a client’s best interest while complying with applicable laws. When seeking to extend tax benefits for … Read More
Tax Professionals for Cost Segregation A cost segregation real estate analysis is a type of strategic tax tool allowing individual property owners and companies who have constructed, modified, or remodeled any property to accelerate cash flow by increasing depreciation deductions. This depreciation can help property owners defer state and federal income taxes to some degree. … Read More
Best Cost Segregation Studies for Real Estate Cost segregation is a tax planning tool that allows property owners who have purchased, constructed, or expanded any type of building to improve their cash flow and reduce their tax burden by deferring state and federal income taxes. When you purchase or construct a building, you are also … Read More
Eddie Price, CCSP, was elected President of the American Society of Cost Segregation Professionals (ASCSP) for a two-year term, effective August 1, 2023. Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded, or remodeled real estate to increase cash flow by accelerating depreciation deductions and deferring … Read More