sec. 1245 – Segregation Holding

Cost Segregation Audit Techniques Guide

By Jeff Hobbs August 14, 2012

The Cost Segregation Audit Techniques Guide was developed specifically to assist IRS examiners in their review and exam of cost segregation studies. It was NOT, as many believe, developed to help cost segregation firms, or the layperson, perform a cost segregation study. It’s primary goals are to help these examiners understand: why cost segregation studies…

The IRS allows several Cost Segregation methodologies

By Jeff Hobbs May 18, 2012

The IRS allows several Cost Segregation methodologies…which one is best? Here is a list of the six most common cost segregation methodologies… Detailed Engineering Approach from Actual Cost Records Detailed Engineering Cost Estimate Approach Survey or Letter Approach Residual Estimation Approach Sampling or Modeling Approach “Rule of Thumb” Approach For this discussion, we will address…

What are the different cost segregation methodologies the IRS allows?

By Jeff Hobbs May 14, 2012

What are the different cost segregation methodologies the IRS allows? Here is a list of the six most common cost segregation methodologies… Detailed Engineering Approach from Actual Cost Records Detailed Engineering Cost Estimate Approach Survey or Letter Approach Residual Estimation Approach Sampling or Modeling Approach “Rule of Thumb” Approach For this discussion, we will address…

Cost Segregation Benefits Medical Office Buildings

By Jeff Hobbs May 1, 2012

Cost segregation benefits medical office buildings. By accelerating depreciation on all personal property, medical office buildings can provide Dr.’s with significant increases in investment income. It really is quite simple. IRS acquiesced to a lawsuit brought by HCA in Hospital Corporation of America v. Commissioner, 109 T.C. 21 (1997)(“HCA”). In HCA, the Service took the…