Do you need cash but have nowhere else to turn? Try Segregation Holding Limited…we’ll deliver results with a cost segregation study.
Cost segregation accelerates depreciation on a commercial or rental property according to IRS guidelines for MACRS method of depreciation. Bottom line…it pulls real cash out of the property, many times as much as 12% to 15% of the asset’s tax-basis (or purchase price). Translation? Get up to $150,000 in cash from the IRS per $1,000,000.
This money can be used at the owner’s/buyer’s discretion. It is not a loan but rather the IRS mandated method of depreciation that actually works in the property owners favor…all too rare when it comes to dealing with the Internal Revenue Service.
Cost segregation is not new; on the contrary, it has been in existence since 1954 when the IRS allowed for certain personal assets to be accelerated into a shorter life class. However, it wasn’t until Hospital Corporation of America sued the IRS in 1997 and won that the IRS revisited the issue of accelerated depreciation. Subsequently, after the Tax Act of 2004, the IRS’ chief counsel issued a memo stating that “…cost segregation, for it to be properly applied, had to involve those with competencies in architecture, engineering or construction and/or construction techniques, in order for personal property assets to be accurately identified and segregated.”
To find out how much cash you can get out of your commercial property…
Give us a call @ 972-865-9050, or
Email: [email protected]
Twitter @SHLCostSeg, or
www.SegregationHolding.com
