Your cash flow is the lifeline of your business. PDR CPAs + Advisors has enhanced many of our client’s cash flow scenarios with our cost segregation solutions.
In plain terms, a cost segregation study allows building owners to accelerate their building’s tax depreciation – the study can reclassify the depreciation life on qualifying property from the conventional 39.5 years/27.5 years to a 5, 7 or 15 year depreciable life.
Your taxable income will be reduced and the resulting tax savings can be reinvested to assist in fostering the continued growth of your business. Our cost segregation practice includes qualified expert engineers and technicians who will create a study of your property by breaking down your assets into four categories:
Personal Property
Land
Land Improvements
Buildings
We then evaluate and report on how much tax can be saved and deducted on your property.
Opportunities:
Newly constructed buildings
Newly acquired buildings
Buildings acquired/constructed in prior years
Significant remodel, renovations or expansion activities
Properties that can benefit from a cost segregation study:
Apartment Complexes
Auto Dealerships
Hi-tech and R&D Facilities
Grocery Stores
Data Centers
Shopping Centers
Golf Courses
Healthcare & Medical Facilities, Hotels, Motels & Resorts, Industrial Complexes