Tag Archives: Federal income taxes

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

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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

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Cost segregation delivers a monster $2,700,000 to a telecom home office and 9003% ROI!

Yet again Segregation Holding Limited (SHL) has delivered an amazing cost segregation study for our client in NC. We have a 7-story facility with multiple back-up systems and redundancies for electrical, HVAC, sound, air quality, and more. After a carefully … Continue reading

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Should architects include cost segregation in their design considerations?

Cost segregation simply classifies commercial property assets into each appropriate life-class (5-, 7-, 15-, or 39-years). If an architect takes into consideration “how” a building is designed with federal income tax consequences in mind, at least two things would occur. … Continue reading

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Is Cost Segregation Legitimate?

Cost Segregation is not only legitimate but, in fact, it’s basis for existence is rooted in MACRS, or Modified Accelerated Cost Recovery System, the preferred method of depreciation required by the IRS.  Prior to MACRS, however, was ACRS or Accelerated … Continue reading

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Is my gift of property or other assets taxable?

If you gift someone money or property during your life, you may be subject to the federal gift tax. Most gifts aren’t subject to the gift tax, however, the IRS has compiled a list of the following eight tips to … Continue reading

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