Josh Shipman - Cost Segregation Studies Done Right

Cost Segregation Studies are detailed reports that isolate components within and around commercial buildings by their proper IRS class lives. This breakout allows for an acceleration of up to one third (or more) of the building's cost in accumulated depreciation, freeing up significant cash flow. Ultimately, if you own commercial property, you have a choice. Either take the accelerated tax savings benefit now (with a study) or wait up to 39 years for the same amount. To receive the maximum benefit, your tax professional will need a detailed cost segregation study. The most certain studies are completed by specialized engineering-based firms, in which case we’ve completed over 45,000 for owners and their tax professionals nationally. Ultimately who completes your study is your choice. I offer complementary estimates detailing the potential tax saving benefit of a study, as well as the cost of our study, so owners can make the best decision in partnership with their tax professional. Should the numbers make since, we can guide you through until completion. Josh.Shipman@CSSIservices.com