Press Release: Pasadena, California, December 1, 2016 – KBKG, a nationwide tax solutions firm headquartered in Pasadena, California, recently launched the Residential Cost Segregator™, an innovative cost segregation software which allows tax preparers and building owners to generate detailed cost segregation reports on smaller residential properties.
The Residential Cost Segregator™ shatters previous conceptions that cost segregation should only be recommended for properties with a depreciable basis over $750k—due to the high costs of hiring a qualified cost segregation expert. KBKG’s new software product is available for residential rental properties up to 6 units with a tax basis of $600k or less (purchase price less land).
“We created this software product to address a segment of the real estate market that was not able to take advantage of cost segregation tax benefits. Tax preparers with these clients can now offer more advanced tax planning strategies using our new cost segregation software,” stated Gian Pazzia, Certified Cost Segregation Professional (CCSP) and Principal at KBKG.
CPAs, tax preparers, and building owners can use the Residential Cost Segregator™ for as little as $450 per report.
With offices across the US, KBKG provides turn-key tax solutions to CPAs and businesses. KBKG’s engineers and tax experts have performed thousands of tax projects resulting in hundreds of millions of dollars in benefits for clients nationwide. KBKG’s online software platform also offers the KBKG Partial Disposition Calculator, 481(a) Adjustment Software, and a Cost Segregation Savings Calculator.