As a taxpayer are you using the correct method and proper recovery period for each asset to calculate depreciation for Federal income tax purposes? A cost segregation study is the right way to do it, it identifies the value of assets with varying lives, typically 5, 7, 15, 30 and 40 for real estate. Click the link to know more https://www.costsegregationirs....
The IRS believes it is the most reliable method of calculating depreciation. Cost segregation is a technical process where short-life items are separated from long life items. It typically doubles or triples depreciation during the first five years of ownership. Get a free, no-obligation preliminary Cost Segregation Analysis done for your commercial property...
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