How It Works
Easy. Streamlined. Fast Turn Around.
Step 1
Schedule a brief consultation with one of our experts and find out if a cost segregation makes sense for your tax situation.
Step 2
One of our licensed and certified consultants arrives at your property to do a short survey.
Step 3
You receive your report increasing your cashflow and lowering your taxes.
Schedule a 15 Minute Consultation
(205) 558-8296
team@costsegassociates.com
M-F: 8am-5pm, S-S: Closed
F.A.Q.
Frequently Asked Questions
What is Cost Segregation?
Cost segregation is a tax savings strategy that allows property owners to reclassify real estate components and improvements, leading to accelerated depreciation deductions. This process identifies and separates personal property assets from real property assets, enabling taxpayers to depreciate elements of a building more rapidly than the standard 39-year (commercial) or 27.5-year (residential) period.
How much is a typical Cost Segregation Study?
The cost of a study depends on factors such as property size and complexity. We offer personalized quotes after an initial consultation to understand your specific requirements.
Will a cost segregation study trigger an audit from the IRS?
While no strategy can guarantee immunity from audits, cost segregation studies are a widely accepted and IRS-approved practice. Our meticulous methodologic approach minimizes potential audit risks.
How much time does the cost segregation process typically take?
The timeline varies depending on the size and complexity of the property. Generally, the process takes us ten days, with our team working efficiently to minimize disruption to your business operations.
Can I benefit from cost segregation if my property has been owned for several years?
Yes, cost segregation studies can be applied retroactively. Even if you have owned the property for several years, you can still capture previously unrecognized depreciation benefits through a study.
How can I get started with a cost segregation study for my property?
Simply reach out to our team for a consultation. We’ll discuss your specific situation, explain the process, and provide a customized plan to maximize your tax savings through cost segregation.
