Category

Cost Segregation
Some companies will try to save money by having cost segregation studies performed in-house by company employees rather than a professional in the industry. Unfortunately, this comes with a significant drawback—In-house studies are often viewed with more scrutiny by the IRS Boddie-Noell Enterprises, Inc. v. the United States[1] In 1996 Boddie-Noel Enterprises, Inc. sued the...
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If you’re a property manager, your responsibilities range from: ·       Handling Lease Agreements ·       Rent Collection ·       On-site Maintenance ·       Financial Services ·       And more! With all that you do, how can you add value to the services you provide?...
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When you hire someone to perform a cost segregation study, make sure you are getting a quality report. Many firms advertise a detailed Cost Segregation study but are in fact, giving you only a Residual Study. Residual Studies lack proper detail and do not provide necessary information to write-off assets removed from service. On the...
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There are many benefits to a Cost Segregation Study. But, a poorly performed cost segregation study can haunt you for as long as you apply a depreciation deduction for the property to your tax return. If you own commercial property, a Cost Segregation Study will lead to tax savings that will make a tremendous difference...
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