Cost Segregation Services Inc.

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Taxes-Consultants & Representatives, Accounting Services, Commercial Real Estate

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21 Years

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(507) 206-3983Visit WebsiteWrite a Review

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Cost Segregation is an IRS-approved method to increase your deductions for depreciation which reduces your taxes.

General Info

Cost Segregation is the IRS-approved method to depreciate your building faster to get the tax deductions NOW rather than later. This is not a tax loophole. If you’re making money and paying taxes, then tax deductions are a good thing. Cost Segregation Is Our Specialty We’ve performed over 5,000 studies in all 50 states for businesses like Wells Fargo, McDonalds, Holiday Inn, Harley Davidson and many others. This is for existing property as well as new construction. As long as your building costs are more than $250,000 and you don’t plan on selling your building in the next few years, we can most likely save you thousands of dollars in taxes. Our average client sees a tax reduction of about $70,000 for every $1 Million in building cost. Our typical client is able to eliminate having to make quarterly tax payments for 6 to 8 quarters! Think about how you could invest that money if you didn’t have to pay quarterlies for the next year or 2! Get A FREE, No Obligation Cost Segregation Analysis by filling in the form to the right. We can provide you with a Free, no obligation, quote and analysis so you will be able to see the tax reduction in your situation. Simply answer a few questions (under the video) and we’ll have the free quote and cost segregation analysis for you within 3 business days. Most CPAs and accountants do not do Cost Segregation because it’s an Engineering specialty not an accounting specialty. Five Tax Benefits of Cost Segregation There are numerous benefits to those who qualify for cost segregation. While no one enjoys paying taxes, it is something that is required for businesses and workers. Fortunately, there are a plethora of different tax benefits to take advantage of with cost segregation. Here are five tax benefits you will enjoy: 1. Maximize tax savings 2. Create an audit trail 3. Retro-activity 4. Real estate 5. Lower tax rates

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Email Business

Extra Phones

Phone: (507) 273-8042

Fax Cost Segregation Services: (888) 646-3362

Call Toll Free: (888) 303-4874

Services/Products

Business Tax Returns, Cost Segregation Analysis, Cost Segregation, Business Valuations, Tax Savings, Engineer-based cost segregation study, Cost Segregation Services, Accounting Consultants, Engineering-based cost segregation study, Modified Accelerated Cost Recovery System.

Payment method

all major credit cards

Location

We can work with commercial property owners in all 50 states. Who should perform my Cost Segregation Study? Choose an engineering-based cost se

Amenities

What is a Cost Segregation Study? A Cost Segregation Study is an engineering analysis that reclassifies or segregates real estate components and improvements between real and personal property in order to accelerate the depreciation periods from 39 or 27.5 years to 15, 7, or 5 years. Why haven’t I heard of cost segregation? Cost segregation was first applied and performed by major accounting firms with in-house cost segregation departments on the largest properties of their most significant clients. One study originally cost upwards of $100,000. Now companies can deliver this same service to commercial property owners at very affordable rates. This means you can take advantage of this tax savings that was once only enjoyed by the owners of exceptionally large properties.

Associations

Does my property qualify? Yes, if you: 1.) Purchased, constructed, or remodeled property after Jan. 1, 1986, and 2.) Anticipate holding the property for at least a few years Can I benefit from a Cost Segregation Study? Yes. Let us provide the necessary data to your advisors to determine potential tax benefits. When should a study be done? It is best to have a study completed for the year the building or improvements are placed in service. However, IRS Revenue Procedures allow taxpayers to “catch up” on the depreciation that was not claimed from the first day the property was placed in service without amending prior years’ tax returns. Furthermore, the IRS recently allowed for the “catch up” period all in the first year rather than over four years, when the Revenue Procedure 99-49 was first introduced. A cost segregation study can be performed on any property constructed, acquired or remodeled since Jan. 1, 1986.

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