Q. What is Cost Segregation?
A. It is an I.R.S. ENTITLEMENT for commercial property owners. The owner will recover SERIOUS CASH NOW by identifying, extracting, and accelerating the hidden deductions within the walls of their building. This can only be achieved by using an engineering firm having the expertise in the I.R.S preferred engineering methodology.
Q. What are the most profitable benefits of Cost Segregation?
A. Here are just two of many benefits. By accelerating the depreciation in your property NOW, you get hundreds of thousands of dollars or more TODAY instead of being BURIED FOR DECADES. Also, if something breaks and needs replaced, your accountant can retire the asset and remove it from the books and start over with the new item because it has a value attached to it.
Q. Why hasn’t my tax preparer already done this for me?
A. A lot of them don’t know Cost Segregation exists or if they do, they don’t totally understand it due to its complexities. As a result, some cpa’s use methods such as “engineering based,” “residual,” “rule of thumb,” or “engineering software.” These methods offer limited recovery of capital.
Q. Will this trigger an IRS audit?
A. Of course not. THIS IS AN I.R.S ENTITLEMENT. This I.R.S. code has been offered since 1986. You may click here and view the 140 PAGE AUDIT TECHNIQUES GUIDE written by the IRS to address Cost Segregation guidelines. We work very closely with the I.R.S. for accuracy.
