Cost Segregation Studies: The Key to Taking Advantage of Expanded Bonus Depreciation

By reclassifying certain real property assets as personal property, Cost Segregation studies offer a powerful way for commercial building owners to unlock depreciation deductions—thereby reducing their tax burdens and boosting cash flow. However, following sweeping changes under the Tax Cuts and Jobs Act of 2017, Cost Segregation may be more beneficial than ever before due […]

2012 Taxpayer Relief Act Provides Immediate Incentives for Retail Property and Restaurant Property Owners

If you own retail property or a restaurant and are considering an improvement, the time to act is now! The recently passed American Taxpayer Relief Act provides immediate incentives for retail property and restaurant property owners. Under pre-Act law, qualified restaurant property and qualified retail improvement property that was placed in service before 2012 was […]

Congress Extends 50% Bonus Depreciation through “American Taxpayer Relief Act”

Source: Thomson Reuters   The American Taxpayer Relief Act extends (and in some cases modifies) a number of depreciation breaks, including (1) increased Section 179 expensing limitations and treatment of certain real property as eligible Section 179 property; (2) 50% bonus depreciation; and (3) 15-year straight line cost recovery for qualified leasehold improvements, qualified restaurant […]

It’s Wise to be Conservative When it Comes to Cost Segregation

It’s wise to be conservative when it comes to cost segregation.  One over-zealous apartment complex owner claimed on its tax returns a collection of over 1,000 components of real property asserting that they could be depreciable over shorter class periods of 15 years and 5 years.  The problem is that the taxpayer included and claimed […]

Capital Review Group’s Article on Cost Segregation for Restaurant Owner’s in Restaurant Facility Business

An article by Marky Moore, LEEP AP, CSBA, CEO Capital Review Group Restaurant owners face unique challenges, especially in today’s economy. As consumers tighten their belts and cut back on their entertainment budgets, it’s imperative for restaurants to operate with the most effective business strategies in place. The good news is that restaurant owners can […]

Tax Opportunities Through Abandonment

If you are considering making improvements to a commercial building, there are various tax strategies that may apply to your particular situation.  One of these is abandonment, which allows the taxpayer to reduce the tax burden when replacing assets that exist within a building.  So, if your green building strategy includes replacing metal halide lighting […]

How to Pay for Energy Efficiency without a Bank Loan or Tapping Your Business Equity

Although creating an energy efficient facility saves money for business and building owners in the long run, the cost of getting there can be prohibitive.  You might want to retrofit your existing building with energy efficient lighting, HVAC or upgrades to the building envelope in order to save money on energy costs, but you’ve first […]

What is Cost Segregation?

According to Wikipedia, cost segregation “is the process of identifying personal property assets that are grouped with real property assets, and separating out personal assets for tax reporting purposes. A cost segregation analysis identifies and reclassifies personal property assets to shorten the depreciation time for taxation purposes, which reduces current income tax obligations. Personal property […]

What are the Benefits of Cost Segregation?

Cost Segregation is the process of segregating the costs associated with the specific commercial real property investments in real estate. Commerical real property is depreciated over 39 years (or 27.5 years for commercial residential). In order to qualify for Cost Segregation, properties must have been constructed, acquired, or renovated after 1986, under the IRS guidelines. The […]

Prepare for Budgeting and Capital Assets with a Reserve Study

In the current economy, it is especially important to take a pro-active rather than reactive approach in business operations, especially as it relates to protecting your capital assets. A Reserve Study is a valuable budgeting planning tool that provides data for a property’s major repairs, replacements and/or required upgrades. The study gives a clear picture […]

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