Monthly Archives: March 2012

Don’t send the IRS any money yet…get a refund!

Don’t send the IRS any money yet! There are three letters that scare everybody…IRS. But you don’t have to send the IRS any money if you will use your building as the tool the IRS allows for. The manner prescribed … Continue reading

Posted in Federal Income Tax | Leave a comment

Cost segregation delivers income tax refund for theater owner!

Cost segregation delivers income tax refund for small-town theater owner!  Instead of writing a check to the IRS, the owner is cashing one from the IRS! A business owner’s CPA shared the benefits about cost segregation with his client who … Continue reading

Posted in §1245, §1250, Commercial Real Estate, Federal Income Tax | Tagged , , , , , , , , , | Leave a comment

Get your interest-free loan from the IRS now!

Did you get your interest-free loan from the IRS yet? If not, it’s not too late! If you own commercial or residential rental property, you actually have your very own bank…sorta! Let me explain… If your property is not a … Continue reading

Posted in §1031 Exchange, §1245, §1250, Commercial Real Estate, Federal Income Tax, Residential Rental Property, Tax Incentives | Tagged , , , , , | Leave a comment

Cost Segregation delivers another great ROI to a Dental Professional!

Cost segregation delivers another great ROI! A prominent Orthodontist engaged a cost segregation study of his thriving dental professional’s facility in Kissimmee, Florida. He wanted to maximize his depreciation and cash flow by determining what assets qualified for the Modified … Continue reading

Posted in §1245, §1250, Accelerated Depreciation, Accelerates Depreciation, ADCPA, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Dentist Office, Federal Income Tax, Franklin Cost Segregation, Houston Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, San Antonio Cost Segregation | Tagged , , , , , , , , , , , | Leave a comment

Cost Segregation and 1031 Like-Kind Exchanges

Is cost segregation a good idea to combine with 1031 Like-Kind Exchanges? First, what is a §1031 Like-Kind Exchange? A §1031 exchange, a.k.a. tax deferred exchange, is a simple strategy and method for selling one qualified property and then proceeding … Continue reading

Posted in §1031 Exchange, §1245, §1250, Commercial Real Estate, Federal Income Tax, Residential Rental Property | Tagged , , , , , , , , , | Leave a comment

Cost Segregation and New Construction…like a hand in a glove!

Cost segregation and new construction is like a hand in a glove! Seriously, if you are contemplating new construction, cost segregation should be your first thought! The potential benefits of having a Cost Segregation Study (“Cost Seg”) performed on new … Continue reading

Posted in §1245, §1250, Accelerated Depreciation, Accelerates Depreciation, ADCPA, AICPA, ASCSP, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Dentist Office, Federal Income Tax, Franklin Cost Segregation, Green Energy, Hotel Properties, Houston Cost Segregation, LEED Qualified, Medical Office Building, Multifamily, Nashville Cost Segregation, New York Cost Segregation, Residential Rental Property, Restaurants, San Antonio Cost Segregation, Self-Storage Facility, Tax Incentives, Zero Emissions | Tagged , , , , , | Leave a comment

How can Cost Segregation help commercial realtors sell more CRE?

How can Cost Segregation help you sell more commercial real estate as the professional commercial real estate broker? 1) Income taxes: reduced or eliminated federal & state income taxes increases available cash flow. 2) Real estate taxes: personal property taxes … Continue reading

Posted in §1245, §1250, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Federal Income Tax, Franklin Cost Segregation, Houston Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, Residential Rental Property, San Antonio Cost Segregation | Tagged , , , , , | Leave a comment

Can cost segregation create jobs and save the US economy?

Can cost segregation create jobs for America?  Well, let’s see…but first, what’s really going on with our unemployment! The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated “long-term” discouraged workers, who were defined out of … Continue reading

Posted in §1245, §1250, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Federal Income Tax, Franklin Cost Segregation, Houston Cost Segregation, Nashville Cost Segregation, Residential Rental Property, San Antonio Cost Segregation | Tagged , , , , , , | Leave a comment

What is IRS Code Sec. 1245 Property & how does cost segregation apply?

Cost segregation is the act of identifying IRS Code Sec. 1245 property. IRS Code Sec. 1245(a)(3) provides that IRS Code (Sec. = §) 1245 property includes any property that is of a character subject to the allowance for depreciation and … Continue reading

Posted in §1245, §1250, Federal Income Tax | Tagged , , , , , | Leave a comment

How cost segregation works for the commercial property owner…

1) Modified Accelerated Cost Recovery System (MACRS) is the IRS-required method of depreciation for tangible personal property (§1245)* assets residing within real property (§1250) assets, and cost segregation is required in order to apply it properly which places the owner … Continue reading

Posted in §1245, §1250, Commercial Real Estate, Federal Income Tax, Residential Rental Property | Tagged , , , , , | Leave a comment