Who qualifies for cost segregation?
When is cost segregation worth it?
How much does a cost segregation study cost?
How much can cost segregation save?
How long does a cost segregation study take?
What is cost segregation and bonus depreciation?
Cost segregation is a tax deferral strategy that enhances near-term cash flow by accelerating the depreciation of real property. The study involves reclassifying assets into 5, 7, or 15-year lives, frontloading depreciation into the early years of an asset’s useful life.
Bonus depreciation is a tax incentive that allows you to deduct a large portion of an asset’s value in the first year it is placed in service, further enhancing the benefits of cost segregation.
Can I do a cost segregation study myself?
While it is technically possible for anyone to perform a cost segregation study, doing it correctly requires specialized engineering knowledge and a deep understanding of the U.S. tax code. Cost Segregation Consultants is uniquely equipped with both tax and engineering experts to ensure the delivery of accurate and IRS-compliant reports.
Can cost segregation offset capital gains?
Can cost segregation offset W2 income?
Cost segregation itself primarily affects passive income from real estate investments. However, in certain circumstances, with proper tax planning and consultation, it can indirectly impact your overall taxable income, including W2 income.
What if my taxable income is less than the benefit I receive from a cost segregation study?
If your taxable income is less than the benefits from a cost segregation study, you can carry forward the unused deductions to offset future taxable income. This ensures that you can maximize the tax benefits over time, even if they exceed your current year’s taxable income.
