Cost Segregation Studies Saves Taxes
If you like paying more than your fair share of taxes, stop reading now!
Welcome to the CostSegUSA.com, which is operated by Cost Recovery USA, LLC. We provide engineering-based Cost Segregation Studies (CSS). Along with CSS we also provide compliance with Tangible Property Regulations (TPRs) to help property owners realize tremendous tax savings! Also through Federal R&D Tax Credits, Cost Recovery USA helps boost local economies on a micro level. R&D Tax Credits assists the growth of companies and promotes R&D activities remain in the United States.
Cost Seg studies provide an opportunity for real estate investors to discover frequently missed tax benefits. Tangible Property Regulations, which includes Partial Asset Disposition (PAD) and Capital to Expense Reversal, is another vehicle for potentially finding tens of thousands of dollars to millions in tax savings. Property owners were heretofore unaware of TPRs as the IRS instituted these tax rules in September 2014 for the 2015 tax year and beyond.
Partial Asset Disposition is simply the ability to write off assets no longer in use. If we replace an item or items, we dispose of the old and capitalize the new! Tangible Property Regulations determine which expenditures must be capitalized and those must be expensed. Capital to Expense Reversal, also a part of TPRs, is the ability to reverse items which were originally capitalized to an expense. As expenses can be written off in one tax year the result is capturing today’s dollars instead of years down the road. Finding these opportunities is realized by simply scrubbing deprecation schedules and is best done in conjunction with a Cost Segregation Study.
To learn more about Tangible Property Regulations click here. TPRs also deal with IRS compliance (note: legal issue!!!). Most CPAs, due to the complexity of the tax code, are not familiar. There is 70,000+ pages of tax code which get changed almost every year so it’s understandable most CPAs are not well versed. The danger is you may not be allowed to further depreciate certain lines items and/or worse! We will work with YOUR CPA to achieve these tax savings!
“Cost Segregation is a lucrative tax strategy that should be used In almost every major purchase of commercial real estate.” — U.S. Treasury Department
Cost segregation reduces your taxable income because of the acceleration in depreciation and results in less of your hard-earned money being paid into state, local and Federal taxes! A CSS also boosts the IRR (internal rate of return, commonly referred to as yield) of properties thus win-win! By reinvesting your tax savings you could experience business growth resulting in even more cash flow. For the aggressive investor it frees up cash to move toward acquisition of another property.
Leaseholders can also realize some tax savings. Those who have made significant renovations or fit-outs of $250K and above. If you are below that threshold, do not hesitate to contact us, an opportunity may still exist. We assist owners of investment houses and a variety of companies. Those include manufacturers, hotels, funeral homes, grocery and convenience stores, restaurants, warehousing firms, doctor and dentist offices, golf courses, owners of trailer parks and self-service storage facilities, and many more.
Again we will work with your CPA to achieve these tax savings. Do not hesitate to contact us ASAP, it only costs you a little bit of time for the initial assessment!
tags: Cost Segregation, study, studies, cost recovery, cost recovery services, USA, cost seg, consultant, property tax, energy tax, incentives, energy efficiency, sustainable building, retrofits, manufacturing, tax, credits, cash flow, solutions, save, money, energy, costs, local, state, federal, government, programs, money, CPAs, CPA, cost savings, tax, professionals, attorneys, appraisers, LEED, accredited, engineers, project managers, savings, refunds, property, partner, architects, commercial, real estate, lighting, manufacturers, HVAC, incentive, audit, green finance, building, certification process, energy costs, rebates, tax savings, Policy Acts, American Recovery & Reinvestment Act, SBJA, Small Business Jobs Act, HIRE Act, Economic Stability Act, Energy Policy Act, undiscovered money, real estate, leasees, renovations, manufacturers, brick and mortar, businesses, hotels, doctors, dentists, golf courses, grocery, convenience stores, restaurants, warehousing