Category Archives: Commercial Real Estate

Does Section 1245 Property Include Real Property?

Does Section 1245 Property Include Real Property? Section 1245 property does include personal property.  Assets such as computers, desks, chairs, copiers, etc. are all personal property falling under Section 1245.  However, Internal Revenue Code Section 1245 does include real property … Continue reading

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What Is the IRS Depreciation Schedule for Commercial Real Estate?

What Is the IRS Depreciation Schedule for Commercial Real Estate? Commercial real estate is an asset qualifying for depreciation.  It cannot be expensed as an ordinary method of write-off.  However, in 2011, the US Congress passed legislation that allowed for 100% bonus depreciation … Continue reading

Posted in Accelerated Depreciation, Accelerates Depreciation, Amarillo Cost Segregation, Apartments, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Del Rio Cost Segregation, Dentist Office, Denver Cost Segregation, Dry Cleaner, Federal Income Tax, Franklin Cost Segregation, Hotel Properties, Houston Cost Segregation, Income Tax, Income Taxes, LA Cost Segregation, Lubbock Cost Segregation, Medical Office Building, Multifamily, Nashville Cost Segregation, New York Cost Segregation, Pharmacies, Ranch, Rental Property, Rental Real Estate, Restaurants, San Angelo Cost Segregation, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Seattle Cost Segregation, Self-Storage Facility, Waco Cost Segregation | Leave a comment

Does Owning Rental Property Help With Taxes?

Does owning rental property help with taxes? In a word, yes!  There are many ways to save on taxes, but owning rental property will definitely do so.  Here are 3 categories where owning rental property will help. Accelerated Depreciation Accelerated … Continue reading

Posted in Accelerated Depreciation, Accelerates Depreciation, Amarillo Cost Segregation, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Del Rio Cost Segregation, Denver Cost Segregation, Franklin Cost Segregation, Houston Cost Segregation, Income Tax, Income Taxes, Lubbock Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, Rental Property, Rental Real Estate, Residential Rental Property, San Angelo Cost Segregation, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Seattle Cost Segregation, Waco Cost Segregation | Leave a comment

How does owning Rental Property affect taxes?

How does owning Rental Property affect taxes? Many people own rental property.  Residential rental property includes a single-family house, duplex, triplex, quad-plex, and, of course, apartments of all sizes.  Rental property can also include commercial property.  This can include all types … Continue reading

Posted in Accountant, Accounting, Apartments, Commercial Real Estate, Cost Segregation, CPA, Income Tax, Income Taxes, Multifamily, Tax Deductions, Tax Planning | Leave a comment

What is Accelerated Depreciation?

What is accelerated depreciation? Well, in layman’s terms, it is the depreciation of fixed assets at a faster rate early in their useful lives.  Accelerated depreciation reduces the amount of taxable income in the early stages of asset life.  The result is, … Continue reading

Posted in Accelerated Depreciation, Accelerates Depreciation, Accountant, Accounting, AICPA, Amarillo Cost Segregation, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, CPA, Dallas Cost Segregation, Del Rio Cost Segregation, Denver Cost Segregation, Federal Income Tax, Franklin Cost Segregation, Houston Cost Segregation, Income Tax, Income Taxes, IRS Form 3115, LA Cost Segregation, Lubbock Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, Real Estate Taxes, San Angelo Cost Segregation, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Seattle Cost Segregation, Waco Cost Segregation | Leave a comment

CPA Ecstatic with Cost Segregation Results!

CPA is ecstatic with cost segregation results for her office! We have worked with Chandler & Knowles, CPAs, for many years and recently completed a cost segregation study on their corporate offices in Flower Mound, Texas. After providing the CPAs … Continue reading

Posted in Accountant, Accounting, AICPA, Amarillo Cost Segregation, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, CPA, Dallas Cost Segregation, Del Rio Cost Segregation, Denver Cost Segregation, Federal Income Tax, Franklin Cost Segregation, Houston Cost Segregation, Income Tax, Income Taxes, LA Cost Segregation, Lubbock Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, San Angelo Cost Segregation, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Seattle Cost Segregation, TACPA, Waco Cost Segregation | Leave a comment

Cost Segregation and the IRS

Cost segregation and the IRS are likened to your hand fitting into your glove…snugly. Cost segregation actually came about as a result of Hospital Corporation of America suing the IRS…and winning!  The Supreme Court of the United States heard arguments … Continue reading

Posted in §1245, §1250, Accelerated Depreciation, Accelerates Depreciation, Amarillo Cost Segregation, American Society of Cost Segregation Professionals, ASCSP, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, CPA, Dallas Cost Segregation, Del Rio Cost Segregation, Denver Cost Segregation, Federal Income Tax, Franklin Cost Segregation, Houston Cost Segregation, Income Tax, Income Taxes, LA Cost Segregation, Lubbock Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, San Angelo Cost Segregation, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Seattle Cost Segregation, Tangible Personal Property | Leave a comment

Ranch Buying in the Rockies

Ranch buying in the Rockies (Rocky Mountain West) and building it into your dream property is a wonderful experience. Knowing a few things up front can make creating your vision even more enjoyable. I have found that many of my … Continue reading

Posted in Commercial Real Estate, Denver Cost Segregation, Ranch | Leave a comment

Can Cost Segregation Help List & Sell More Property?

Can cost segregation help list and sell more commercial property?  Yes!   Commercial property owners can employ cost segregation as a tool to help sell their properties.  By offering the property with an engineered cost segregation study they do these … Continue reading

Posted in Accelerated Depreciation, Accelerates Depreciation, ADCPA, AICPA, Amarillo Cost Segregation, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Del Rio Cost Segregation, Denver Cost Segregation, Houston Cost Segregation, LA Cost Segregation, Lubbock Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, Repair & Capitalization, San Angelo Cost Segregation, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Seattle Cost Segregation, Waco Cost Segregation | Leave a comment

BoomerJacks Uses Cost Segregation for Tax Refund

BoomerJacks uses cost segregation for huge income tax refund! Last fall we had the privilege of meeting with the owners of DFW favorite, BoomerJacks restaurants.  Well known in the Dallas/Fort Worth area, BoomerJacks are known for their amazing wings and … Continue reading

Posted in Accelerated Depreciation, Accelerates Depreciation, Amarillo Cost Segregation, American Society of Cost Segregation Professionals, ASCSP, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Del Rio Cost Segregation, Denver Cost Segregation, Franklin Cost Segregation, Houston Cost Segregation, Income Tax, Income Taxes, LA Cost Segregation, Land Improvements, Lubbock Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, Restaurants, San Angelo Cost Segregation, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Seattle Cost Segregation, Tangible Personal Property, Waco Cost Segregation | Leave a comment