Category Archives: Residential Rental Property

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

Strip Center Saves $360,000 with Cost Segregation

Strip center saves $360,000 with cost segregation study applied!   Our case study of the week is a retail strip center located in Gordonsville, TN.  SHL was contacted by an investor group who had recently purchased a strip center.  The … Continue reading

Posted in Accelerated Depreciation, Accelerates Depreciation, Amarillo Cost Segregation, American Society of Cost Segregation Professionals, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Denver Cost Segregation, Franklin Cost Segregation, Houston Cost Segregation, Nashville Cost Segregation, Personal Growth, Residential Rental Property, San Antonio Cost Segregation, Tangible Personal Property | Tagged , , , , , , , , , , , , | Leave a comment

8 Simple Steps Involved in the Cost Segregation Study Process

A cost segregation study can at first glance seem like an overwhelming and complex process.  At Segregation Holding, we pride ourselves in working with our clients on a one on one basis and helping to make the process simple and … Continue reading

Posted in §1245, §1250, Accelerated Depreciation, Accelerates Depreciation, American Society of Cost Segregation Professionals, Austin Cost Segregation, Birmingham Cost Segregation, Commercial Insurance, Commercial Real Estate, Cost Segregation, Dallas Cost Segregation, Denver Cost Segregation, Houston Cost Segregation, LA Cost Segregation, Nashville Cost Segregation, New York Cost Segregation, Real Estate Taxes, Residential Rental Property, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Seattle Cost Segregation | Tagged , , , , , , | Leave a comment

Year-end tax planning amid legislative uncertainty

As 2013 draws closer, news reports about “taxmageddon” and “taxpocalypse,” describing expiration of the Bush-era tax cuts, are proliferating. Many taxpayers are asking what they can do to prepare. The answer is to prepare early. September may seem too early … Continue reading

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

What Methodology is Required by the IRS for Cost Segregation?

What Methodology is Required by the IRS for Cost Segregation?  Neither the Service nor any group or association of practitioners has established any requirements or standards for the preparation of cost segregation studies. The courts have addressed component depreciation, but … 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, Hotel Properties, Houston Cost Segregation, Medical Office Building, Multifamily, Nashville Cost Segregation, New York Cost Segregation, Real Estate Taxes, Residential Rental Property, Restaurants, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Self-Storage Facility | Tagged , , , , , , , , , | Leave a comment

Cost Segregation Audit Techniques Guide

The Cost Segregation Audit Techniques Guide was developed specifically to assist IRS examiners in their review and exam of cost segregation studies. It was NOT, as many believe, developed to help cost segregation firms, or the layperson, perform a cost … 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, Medical Office Building, Multifamily, Nashville Cost Segregation, New York Cost Segregation, Residential Rental Property, Restaurants, San Antonio Commercial Real Estate, San Antonio Cost Segregation, Self-Storage Facility | Tagged , , , , , , , , , , , , | Leave a comment

Cost Segregation Look-back Studies

A taxpayer may prepare cost segregation look-back studies on existing assets and re-calculate the depreciation for prior tax years based on the reclassified asset costs. The IRS-Approved process for a taxpayer to change accounting method is the timely filing of … 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, Hotel Properties, Houston Cost Segregation, Medical Office Building, Multifamily, Nashville Cost Segregation, New York Cost Segregation, Residential Rental Property, Restaurants, San Antonio Cost Segregation, Self-Storage Facility | Tagged , , , , , , , , | Leave a comment

How do I calculate depreciation recapture?

How do I calculate depreciation recapture? Let’s take a look at the process. 1) Review the original price paid for the asset being sold. For example, let us say you are selling a commercial property purchased eight years ago for … Continue reading

Posted in Accelerated Depreciation, Accelerates Depreciation, Austin Cost Segregation, Birmingham Cost Segregation, Capital Gains, 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

Cost Segregation Services

Cost segregation services benefit commercial property owners in many ways. How you ask? Well, let’s look at a brief list: 1) Cost segregation accelerates depreciation 2) Cost segregation reduces income tax burden 3) Cost segregation increases cash flow 4) Cost … 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, Hotel Properties, Houston Cost Segregation, Medical Office Building, Multifamily, Nashville Cost Segregation, New York Cost Segregation, Real Estate Taxes, Residential Rental Property, Restaurants, San Antonio Cost Segregation, Self-Storage Facility | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Cost Segregation Accelerates Depreciation

Cost segregation accelerates depreciation on qualifying assets. These assets fall into two IRC categories: Section 1245 and Section 1250. Sec. 1245 property is depreciated over 5 years, 7 years or 15 years. Certain other Sec. 1250 property is depreciated over … Continue reading

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