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What is a Cost Segregation Study?
By identifying assets that qualify for shorter depreciable
lives, you can accelerate tax depreciation thus LOWERING
your current income tax.
Often when buying or constructing a
new building or when undergoing a major remodel, assets
qualifying for accelerated depreciation are part of the total
project cost. These unidentified assets are assigned a 39-year
life along with the building. By failing to identify these
assets, depreciation is not maximized and valuable cash
resources needed for operations are instead used for the payment
of taxes.
What
Type of Project Can Benefit From a Cost Segregation Study?
- A new construction project
- Renovation or expansion of your current facility
- The purchase of a building
- Renovations to a building you're leasing
Benefits of a Cost Segregation Study with Rippe & Kingston
Unfortunately, only 1 in 3 companies take full advantage of all
the available credits and incentives available to their property.
- Begin Saving Money Immediately
- Maximize Your Investment
- Reduce Real Estate Tax Liabilities
- Discover Your Specific Properties Tax Benefits
- Identify Specific Sale Tax Exemptions
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