Real property eligible for cost segregation includes buildings that have been purchased, constructed, expanded or remodeled since 1987. A study is typically cost-effective for buildings purchased or remodeled at a cost greater than $500,000. A cost segregation study is most efficient for new buildings recently constructed, but it can also uncover retroactive tax deductions for older buildings which can generate significant short benefits due to "catch-up" depreciation. Building types studied include
  • Apartment complexes
  • Automobile dealerships
  • Distribution centers
  • Fast food restaurants
  • Food processing facilities
  • Gas Stations
  • Hotels/motels
  • Manufacturing plants
  • Medical centers
  • Nursing homes
  • Office buildings
  • Retail chains/franchises
  • Shopping malls
  • Self Storage
  • Sports stadiums
  • Amusement parks
  • Supermarkets
  • Casinos

Source- Wikipedia

 

  

What is Cost Segregation?

Cost segregation is a detailed study of the construction or acquisition costs associated with a building and breaking them out into individual categories by allowable useful life. This study can allow, for Federal Income Tax purposes, the accelerated depreciation for qualifying personal property. This study can allow for substantially more savings than is typically found in accounting measures associated with the construction or acquisition of a new building.

Why an Architect?

As one of the largest architecture and engineering firms in the region, the Larson and Darby Group, have the knowledge,  experience and technology available to quickly and easily conduct the detailed surveys of this type regardless of the original architects, engineers or contractors involved in the original project. We are ready to work with CPA’s, Developers, and Building Owners to assist them in the realization of these significant tax savings.