Warwick real estate depreciation analysis
Warwick | Real Estate Depreciation Analysis

Turn Your Warwick Real Estate into a Wealth Generator

Warwick commercial property owners are finding a lot of ways that they can cut their tax burdens. There are ways that the tax codes allow you to write your buildings off faster. Cost segregation is one way of doing it. It is an engineering-based analysis of your property that allows you to classify parts of the buildings to depreciate them on a shorter term basis than the standard 27.5 or 39-year schedules.

If you’re interested in implementing the tax strategies discussed above, Rhode Island’s booming commercial market offers the perfect opportunity. Whether you own offices, retail, manufacturing, or multi-family properties in Warwick, a professional cost segregation study can help you generate substantial tax savings.

The Mechanics of Cost Segregation

When you do cost segregation, there’s detailed information that we will gather, review, and analyze from the components and construction costs of your property. Our team of certified professionals will examine architectural drawings, construction plans, and visit the site to find eligible components that you might be able to depreciate over five, seven, or 15 years.

This is a very legal reclassification according to the IRS and tax precedent and therefore is very legitimate to avoid paying current taxes. The depreciation deductions in the previous years increased cash flow in your Warwick locations.

Warwick Property Owner Benefits

Cost segregation studies have benefits that go beyond deferring the payment of income taxes:

  • Immediate tax benefits via accelerated depreciation write-offs
  • Enhanced cash flow from reduced current tax
  • Retroactive benefits for prior years property purchases
  • Enhance your real estate portfolio’s ROI metrics.
  • Strategic tax planning future acquisition opportunities
  • : Increases property disposal gains/losses if the property is sold or is otherwise retired from use.

Who Needs Cost Segregation?

This tax tactic works best for certain types of property and situations:

  • Commercial property owners owning buildings worth $500,000 or greater.
  • Current buyers of office, retail or industrial property
  • Investors looking to make the most out of their tax burden
  • developers in the process of building a new project
  • The owners of a business, who have made any construction on or addition to their premises.
  • Wealthy taxpayers in search of lawful tax mitigation techniques

What’s in Our Warwick Cost Segregation Study?

This analysis has been developed following generally accepted engineering and taxation procedures to ensure compliance and achieve all available benefits:

  • In-person inspection by engineers and tax specialists
  • The review of construction drawings includes the plans, specifications, and the contractor’s bills.
  • Asset Identification and Classification Per IRS Depreciation Guidelines
  • Detailed report supporting each reclassification
  • to provide tax preparation assistance and ensure appropriate implementation
  • Audit defense assistance: help if tax authorities ask any questions.

Why Choose Us

Our team is comprised of professionals who are trained as engineers, tax attorneys and real estate analysts, and we are well prepared to bring the best results to our Warwick customers. Our team is licensed and we are on top of all changes in the tax code, which means your cost segregation study will meet the highest standards. We have conducted hundreds of successful cost segregation studies for commercial properties across Rhode Island and the New England states.

We’re happy to be upfront about the fees for our services and we also include regular updates on where we stand throughout the project. In fact, for every study, we supply the reports you need to satisfy an IRS audit while still ensuring you claim the maximum amount of depreciation you deserve.

Get started with your cost segregation study now!

Stop letting money walk out the door in missed depreciation. While your Warwick, RI properties are depreciating using general schedules, a cost segregation study might uncover additional deductions of thousands, or tens of thousands, that your property might qualify for. Call us at for an initial consultation and see how much you can save with a cost segregation study.

The earlier you start cost segregation, the more you stand to save in the long run. We’d be happy to help you optimize depreciation strategies for your commercial properties in Warwick.