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" Cost Segregation Studies are a lucrative tax strategy that should be considered in almost every real estate purchase." ~ US Treasury Department |
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On average, our Cost Segregation Study offers approx. $150,000 in additional depreciation per $1 million dollars in purchase or construction cost over the normal 39 year straight line method. |
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A tax strategy approved by the IRS in 1997 to reclassify specific real property assets that usually receive a depreciation life of 39 years (commercial real property) or 27.5 (commercial residential) into "tangible personal property" that is treated as five (5) year property or land improvements which are treated as fifteen (15) year property for depreciation purposes. Due to improved treatment, portions of the electrical, plumbing, mechanical systems, and site improvements of a building along with hundreds of other components can be allocated into shorter lives translating into immediate cash flow. This effectively increases taxpayer's depreciation expense in today's dollars. By recouping up to 40% of the building cost over the first 5 years as opposed to depreciating it over 39 years, translates into significant tax savings and taps into the concept of the "time value of money".
Over 300 rulings, letters, and IRS Memoranda have provided documentation and significant case law for the support of our Segregation Studies: Hospital Corporation of America vs. The Commissioner is one of the landmark decisions which gave support to the way we review and analyze your property/properties to determine the tangible personal property within your building which may qualify for depreciation lives of 5, 7, or 15 years rather than 39 years (if non-residential real property) or 27.5 years (if residential real property). Even if you are presently depreciating certain property in an accelerated schedule - you may still be leaving your money on the table. Only if you have secured specialized experts (per the IRS) will all allowable property be depreciated on an accelerated basis.
Frequently Cost Segregation competitors "estimate" or just "assume" a percentage of the basis to reclassify. This as a practice is all too often employed by providers - unfortunately at the expense of the taxpayer/owner. This approach not only leaves many thousands (often hundreds of thousands of dollars) unavailable to the owner/taxpayer - but more importantly this practice puts the client at risk. This approach often has a modest fee attached - the provider assuming that the owner/taxpayer is unsophisticated will compromise on benefits as well as allow the tax payer to assume the risk with the IRS in case of an audit. Our engineering team has been on the forefront of assisting their clients in obtain the maximum benefits from an engineering based study. They do not outsource like most of our competitors and can maintain the level of quality and accuracy you deserve. Some of the largest CPA' s in the country have called on our team to perform this work for some of their top tier clients. |
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Phone: 312-884-1513 Fax: 949-607-3172 E-mail: Information@UniTusk.com |
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To contact us: |
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Commercial Property Benefit/Cost Segregation Study |
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Business Expense Management, Recovery & Optimization |
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UniTusk Consultants Inc. |
