Cost Segregation Analysis District of Columbia
KBKG provides cost segregation services to property owners in the District of Columbia and throughout the United States. Cost segregation is a tax strategy that allows taxpayers to increase cash flow and decrease tax payments by accelerating depreciation deductions and deferring federal and state income tax.
A cost segregation study dissects construction costs that are usually depreciated over 27 ½ or 39 years. The primary goal of a cost segregation study is to identify all construction-related costs that can be depreciated over 5, 7, and 15 years. For example, 30% to 90% of the total electrical cost in most buildings can qualify as personal property and depreciated over 5 or 7 years. Reducing tax lives results in accelerated depreciation deductions, a reduced tax liability and increased cash flow for building and property owners in the District of Columbia.
Companies and individuals who have constructed, purchased, expanded, or remodeled any kind of real estate property in the District of Columbia since 1987 may qualify for cost segregation.
KBKG has successfully conducted thousands of cost segregation studies nationwide since 1999. We have performed cost segregation studies on property ranging from 10,000 to over one million square feet.
Cost Segregation Professionals: District of Columbia
Our tax department provides support for all cost segregation tax related issues including 1031 exchanges, AMT, passive activity, abandonment write-offs, and lease provisions.
Comprehensive Cost Segregation Report
- We provide the most comprehensive and “bullet-proof” cost segregation reports in the industry. Our cost segregation reports include cross-referenced estimated to cost manuals, IRS citations, supporting case law and KBKG position papers.
- Each cost segregation District of Columbia report meets the IRS’ “13 Principle Elements of a Quality Cost Segregation Study.”
- Our cost segregation studies conform to the “engineering approach.”
- We perform site inspection of each facility in the District of Columbia to fully understand its use and condition.
- For leased property in the District of Columbia, we provide detailed schedules by tenant.
- Our cost segregation studies include audit consulting time.
Free Cost Segregation District of Columbia Preliminary Analysis
A free cost segregation analysis can be conducted to estimate how much a cost segregation study can benefit you. We require some basic property information to begin. Our cost segregation analysis will estimate the potential tax savings and issue a proposal. Contact us today and get your free cost segregation analysis.