If you built or bought your commercial or residential real property after 1986, it may qualify for cost segregation treatment. Your decision concerning the benefit of a study depends upon your facts which drives the benefit which must be compared to the cost of the study to evaluate your return on investment.
The facts include:
The benefit is the net present value of the future cash flows for income taxes less the cost of the cost segregation study.
If you provide the facts we will prepare a feasibility study for your project that will estimate the following:
The expected reclassification of building costs out of 39 or 27.5 year property to 15 and 5 year property.
The depreciation differential with a cost segregation study,
The net present value of the estimated change in cash flows for income taxes over the life of the property, and
The fixed cost of preparing the study
You will then be in a position to properly evaluate the relationship between the cost of the project and the benefit to be derived and can then decide if the project is feasible for your facts and circumstances.
If you provide us with the facts, including a copy of your current detail depreciation schedule for the property (if available), we will provide you with the complimentary cost benefit analysis and help you evaluate the feasibility of the project.
All you have to do is send us:
We will prepare your complimentary feasibility analysis and contact you to discuss the results. Email the information above to Brent Ross by clicking on his name to bring up a contact page.
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"Brent is a professional at heart that truly tries to understand the issues you face. He then tries to understand how he can help you, not only from an accounting/tax benefit, but how to..."
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"Brent has provided outstanding accounting services for me personally and for some small corporations. His ability to track the details from year to year is amazing..."
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"Brent and his firm have always been accessible, dependable, timely and creative when needed. His insight regarding a company's operations goes beyond crunching numbers..."
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"Brent Ross is a powerful business coach. His coaching skill and financial expertise are the perfect combination for any business owner..."
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"Over many years, Brent's firm has represented several of my clients (Disclosure-I am Brent's brother and a practicing attorney), and those clients and myself have found the personnel in Brent's firm to be very knowledgeable..."
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"I have know Brent for a while now. He does more than just your taxes. He is a true advisor that help business owners unlock more profit in their operations..."
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"Brent and his team don’t just "crunch numbers”. He provides a variety of services to help their clients improve their businesses. Brent’s cost segregation studies can generate an immediate increase..."
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Key Guidance on Sec. 199A Deductions
The new QBI deduction, created by the 2017 tax reform law, allows many owners of sole proprietorships, partnerships, S corporations, trusts, or estates to deduct up to 20 percent of their qualified business income. Eligible taxpayers can also deduct up to 20 percent of their qualified real estate investment trust (REIT) dividends and...
If you find yourself on life support, who will make decisions for you? Unfortunately, it's been estimated that fewer than one in three Americans have what's called a living will or advance health care directive.
But no matter what you call it, it's important because it details how you'd like to be cared for if you wind up on life support. Do you want doctors to do everything...
