Category Archives: Dry Cleaner

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

Dry Cleaner Takes the IRS to the Cleaners!

Dry Cleaner Takes the IRS to the Cleaners!  Again! Last we met, our dry cleaner magnate, David Richey, was “cleaning up” a windfall income tax refund and spending it in Hawaii (as I recollect).  He called to say he was … Continue reading

Posted in Accelerated Depreciation, Accelerates Depreciation, Amarillo Cost Segregation, Austin Cost Segregation, Birmingham Cost Segregation, Business, Commercial Real Estate, Cost Segregation, CPA, Dallas Cost Segregation, Del Rio Cost Segregation, Denver Cost Segregation, Dry Cleaner, Franklin Cost Segregation, Houston Cost Segregation, Income Taxes, LA Cost Segregation, Land Improvements, 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, Waco Cost Segregation | Leave a comment

Dry Cleaner Receives $35,000 Income Tax Refund!

Dry Cleaner Receives $35,000 Income Tax Refund!  You can too! David is the typical small business man.  Obligations out the wazoo!  If you own a small business of any kind you know what I’m talking about!  Problems galore, solutions too … 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, Dry Cleaner, Federal Income Tax, 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, 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