Maximizing Your Tax Savings with Cost Segregation!

[Bette Hochberger]

Cost segregation is a tax-saving strategy used to identify assets within a property that can be depreciated over a shorter lifespan, accelerating depreciation deductions and enhancing cash flow. Let's talk about it!

Key Points:

1. Asset Re-Classification: Tangible assets are classified into shorter-lived asset categories.
   
2. Increased Cash Flow: Accelerated depreciation provides immediate increased tax deductions, leading to improved cash flow.
   
3. Eligibility: Most commercial buildings and residential rental properties acquired, constructed, or renovated since 1987 are typically eligible for a cost segregation study.
   
4. Comment your thoughts on Cost Segregation!