The Cost Segregation Group has a solution to help you maximize tax savings and increase cash flows on your future, current or past property purchases.
The IRS has determined that the depreciable tax life of most commercial buildings is 39 years. This means that each year after the purchase of an income-producing property, you may only deduct 1/39th of the purchase price.
The tax life on personal property and land improvements, however, can range from 5 to 15 years at accelerated methods. It is advantageous to identify items that can be properly classified into categories with shorter lives.
A cost segregation study will do just that.