Maximize tax savings on your Baton Rouge real estate holdings.
Accelerated depreciation study can be very beneficial for property owners and investors Baton Rouge . In fact, cost segregation studies can be one of the most beneficial strategies to immediately write off your investment in commercial real estate properties in Baton Rouge.
The engineering study we use determines if there are components that qualify for a faster write-off time in which Baton Rouge property owners can pull depreciation forward instead of taking depreciation over 27.5 or 39 years which generates significant cash to invest in your portfolio.
The Mechanics of Cost Segregation
Cost Segregation studies involve examining your property construction costs and assigning them according to IRS guidelines. We determine which parts are included in the 5-year, 7-year, 15-year and 39-year categories.
The approach melds engineering knowledge and tax law to find all the ways to be fully compliant, identify every possible acceleration opportunity, and maximize the benefits available to each client. It takes the opportunity to have the property’s depreciation occur much earlier in the property’s ownership timeline and breaks that one large depreciation number up into many small ones.
Advantages for Homeowners and Landlords in Baton Rouge
There are many benefits to accelerated depreciation for real estate tax savings for investors here in Baton Rouge:
- Immediate boost to cash flow from higher first-year write-offs.
- Reduced current tax payable for the reporting year in respect of the transaction, at , without reducing any proceeds from the future sale.
- Increased return on investment through better depreciation scheduling
- has raised more available capital to be put toward more property buy-outs.
- Additional bonus depreciation under current tax law opportunities.
- Expertly prepared that’s guaranteed to pass IRS scrutiny
Who Should Get A Cost Segregation Study?
This kind of tax plan is particularly useful for certain property owners and circumstances:
- Commercial property investors who own properties worth $500,000 or more
- Owners of the Apartment Complex, , hope to get the most out of their rental property tax write-offs.
- : Medical or dental practice owning its own office building.
- Plants with a major capital investment in equipment and infrastructure.
- Restaurants and Retail With specialized interior upgrades
- These days, many new property buyers are seeking to maximize their initial tax deductions.
Here’s what you’ll get from our Baton Rouge cost segregation research.
We provide every deduction available, based on our systematic process, ensuring you are provided with a complete analysis:
- A comprehensive site inspection conducted by certified engineers and tax experts.
- Analysis of the blueprint and construction cost documentation review
- Asset Classification Based on Current IRS Depreciation Rates
- Professional report preparation with supporting calculations and method
- Continue providing for any inquiries or matters from the IRS.
Each analysis is rooted in generally accepted engineering principles and tax court cases to promote accuracy and defense of the study.
Reasons to Select Our Company
We offer decades of combined engineering and tax law expertise. Our Baton Rouge clients rely on us for cost segregation study knowledge like no one else has. We have the Louisiana local building practices, construction, building codes, and construction standards that allow us to deliver an analysis that covers all areas, and all of your specific projects.
We have a network of Certified Public Accountants throughout the Baton Rouge area and can help to link your depreciation schedule into your complete tax plan. Rest assured the schedule we present to you has been prepared according to the highest standards to ensure its accuracy and completeness.
To Begin Your Cost Segregation Study
You start by booking a quick phone call with us. Together, we’ll discuss the specifics of your property to get an idea of how much opportunity there may be for accelerated depreciation. That initial information gives us a solid sense of what a cost segregation study could yield on your behalf, and help you determine if the study makes financial sense.
Are you looking for information on how cost segregation can help your Baton Rouge, LA real estate investing? Contact our team now to book a property assessment and see which building components might be saving you big money in taxes. Bonus depreciation rules are now time sensitive and taking advantage of it now makes all the difference!