Posts by Matt Sanders, CPA:
Have you recently purchased commercial real estate or invested in construction? If so, you might want to look into getting a cost segregation study. The benefits of a study can mean tax savings and improved cash flow. Smart Business recently sat down with me to discuss the benefits of a cost segregation study.
For example, if you buy a building and it’s all capitalized as one lump sum on a business’s tax return, then it can only be depreciated over 27 to 39 years … But if you break it down into cost components, the business owner can depreciate certain costs over five, seven or 15 years to accelerate tax deductions.
To find out what a cost segregation study could do for your recent construction investment or commercial real estate purchase. Read the full article here or read more about cost segregation studies by clicking on the article links below.