Cost Segregation Studies
Many businesses have personal property assets lumped together with real estate assets--all being depreciated over the life prescribed for real estate.
A cost segregation study allows your CPA to reclassify the personal property assets to the shortest depreciation schedule allowed by the IRS. Reclassification can reduce the depreciation period from 39 years--the period for real estate--to 15 years, 10 years, 7 years, or even 5 years.
The key element of a cost segregation study is a detailed cost estimate, supported by a survey of the facility and recognized cost standards.
We work with your CPA to produce a cost segregation study that will withstand IRS scrutiny.