Cost Segregation
Cost segregation is a low-risk, high-return tax planning method for property owners to increase cash flow and maximize the financial return on your business’s capital investments. It is a strategic tool, in which your real estate assets are identified, evaluated, categorized and depreciated accordingly, with the appropriate tax deductions applied. Your return is realized through the opportunities for significant federal, and in some instances, state tax advantages.
An effective, supportable cost segregation study requires engineering and valuation skills; knowledge of construction methods, materials and cost; and knowledge of income tax regulations, court cases, revenue rulings and procedures. By investing in a professionally prepared cost segregation study by Beall Barclay, you will have the assurance that you have maximized your depreciation benefits and have fully documented support for the depreciation.
Beall Barclay has the proper tools and resources to conduct studies for both large and small businesses. We are capable of working with a variety of types of property, including manufacturing, hospitals, nursing homes, assisted living facilities, hotels, retail and grocery, cold storage, automobile dealerships, financial institutions, residential apartment complexes and office buildings. The specific benefits of cost segregation can include: improved asset classification, better cash flow, bonus depreciation utilization, “catch up” depreciation for previously misclassified assets, real estate and personal property tax reduction and income tax liability reduction.
Our Service Team
Contact Brian Hall, CPA for more information
