A cost segregation study provides numerous benefits to business owners. For a business owner, perhaps one of the biggest benefits that a cost segregation study can bring are the cash benefits. Cost segregation is known to be a valuable tax strategy and our team at Segregation Holding prides itself in delivering results that are above your expectations. The overall tax advantages along with the income tax savings that come from a cost segregation study will generate additional cash flow which in turn means more money for your business.
The entire process of a cost segregation study is to identify assets that can qualify for accelerated depreciation. Generally speaking the study will segregate costs of real estate into four main categories which are tangible personal property, building structure, land improvements, and the land. While a cost segregation study can reclassify assets in all four of these categories it is the personal property that tends to yield the biggest results. During the cost segregation process the personal property can qualify for accelerated depreciation which is typically 5 or 7 years. Tangible personal property includes items such as dedicated electrical/plumbing, carpet/VCT flooring, cabinetry, mill-work, window treatments, and the like. Our team of trained professionals will work one on one with your business to identify all personal property assets to ensure you are keeping more of your money.
In addition to the tremendous savings that can come from identifying and using accelerated depreciation on all personal property, all business assets are taken into consideration. Have you recently done some land improvements to your property? Maybe you replaced the sidewalks or installed a new decorative fence or water feature. Perhaps you had your lawn landscaped or made other improvements to the land. All of these can qualify for accelerated depreciation as well, which in turn will lower your income tax burden freeing up additional cash. As long as you are a profitable business and have a physical location the chances of a cost segregation helping your business is virtually guaranteed!
Cost segregation delivers results every time it’s applied by Segregation Holding Limited! So the time to start putting more of your hard earned money back into your pocket or your business for that matter is right now. Give us a call at 972-897-8019 or feel free to visit us online and request your free quote today. Do not let another day pass by without reaping the cash benefits that a cost segregation study can bring.
