The IRS has determined that the depreciable tax life of most commercial buildings is 39 years. This means that each year after the purchase of an income-producing property, you may only deduct 1/39th of the purchase price.

The tax life on personal property and land improvements, however, can range from 5 to 15 years at accelerated methods. It is advantageous to identify items that can be properly classified into categories with shorter lives.

A cost segregation study will do just that.

Start Saving Taxes now!  Call Cathy Harris (757) 533-4118  charris@costsegregationgroup.com

WE WROTE THE BOOK on Cost Segregation!

We are proud to announce, the world’s largest provider of tax content, Commerce Clearing House (CCH), has published the industry standard for performing cost segregation services, The Practical Guide to Cost Segregation, which was authored by our group.