Tag Archives: ITC

Cost Segregation Benefits Medical Office Buildings

Cost segregation benefits medical office buildings. By accelerating depreciation on all personal property, medical office buildings can provide Dr.’s with significant increases in investment income. It really is quite simple. IRS acquiesced to a lawsuit brought by HCA in Hospital Corporation … Continue reading

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

Can a cost segregation study apply to buildings not yet constructed?

Can a cost segregation study apply to buildings or leasehold improvements not yet constructed? Yes!  A cost segregation study can literally begin at the concept phase long before plans are drawn.  The study could be completed, 1) once the Certificate … 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

What is the difference in Section 1245 property and Section 1250 property?

The benefits of the ITC were somewhat offset by the provisions of IRC §§ 1245 and 1250, also enacted in 1962. These Code sections result in the conversion of capital gain to ordinary income on the disposition of a property, … Continue reading

Posted in §1245, §1250, Cost Segregation, Dallas Cost Segregation, Federal Income Tax, San Antonio Cost Segregation | Tagged , , , , , , | Leave a comment