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Clark Schaefer Hackett | Is Your Company Planning to Build, Purchase, or Renovate a Building?

Michigan Business Network
June 21, 2022 5:00 PM

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Cost segregation allows property owners to frontload depreciation and take tax deductions earlier

This straightforward process classifies your property into categories with different depreciation rates. For example, building components like carpet, lighting, and cabinetry can be classified into 5-, 7- or 15-year categories. In contrast, a commercial building depreciates over 39 years.

Our team has specialized expertise in the engineering, construction, tax law, and accounting principles that are necessary to produce a valid IRS-compliant cost segregation study and we consistently produce an average return on investment of 52 to 1, with a no-cost feasibility analysis to evaluate whether your property qualifies. Learn more here.

Cost Segregation Infographic: Tax Advantages of Your Property

If your company is planning to build, purchase or renovate a building, or has done so in the past several years, a cost segregation study is a powerful tool that may help boost your cash flow, reduce your tax burden and save your company significant money. Check out this infographic below to learn if you could be eligible for a cost segregation study.

Want more information on cost segregation?

Read our Cost Segregation FAQs

Download our Cost Segregation Case Study: How Companies Can Benefit

All content provided in this article is for informational purposes only. Matters discussed in this article are subject to change. For up-to-date information on this subject please contact a Clark Schaefer Hackett professional. Clark Schaefer Hackett will not be held responsible for any claim, loss, damage, or inconvenience caused as a result of any information within these pages or any information accessed through this site.

 
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