A cost segregation study increases your current cash flow by accelerating federal depreciation deductions. Property owners use cost segregation as a strategic tax planning tool for constructed, purchased, expanded or remodeled real estate.
Gladstone Strategies and Solutions conducts engineering-based cost segregation studies – an approach described by the IRS as “the most methodical and accurate.” We use actual cost data as much as possible in our analysis, and our cost segregation studies are prepared in a manner to stand up to any challenge by tax authorities.
Fixed Asset Depreciation Review
A fixed asset review evaluates a company’s federal tax depreciation schedule over the last 20 years and assigns the appropriate tax lives to misclassified assets. While a cost segregation study focuses on buildings, a fixed asset review encompasses all fixed assets a company owns, including: property, machinery, furniture, fixtures and equipment. Assets could be misclassified due to changes in case law, use of “book” lives for tax purposes or lack of the in-depth knowledge necessary to determine correct lives.
Gladstone Strategies and Solutions offers partnering opportunities focused on the needs of CPAs and real estate professionals. Stay focused on what you do best, while generating goodwill and expanding your business through specialty services.
Educate your clients on the benefits of using a cost segregation study related to their real estate holdings. Gladstone has the in-house expertise to perform the studies and provides detailed reports and documentation to support – and adhere to – strict IRS regulations.