Increase Your Real Estate Investment Profits In Colorado Springs.

Cost segregation is saving Colorado Springs property owners thousands of dollars in taxes. In this bustling Pikes Peak foothills city, it’s common for commercial property owners to use tax benefits like cost segregation as part of their investment strategy. Colorado Springs

The best approach to reduce tax expenses this year is to do a cost segregation study. If a property owner can recategorize assets to be depreciated over 5, 7 or 15 years rather than the traditional 39-year schedule, the results will generate huge cash flow in the present day and can be utilized to build your portfolio.

An Overview on How Cost Segregation Works

With a cost segregation study, the engineer looks at every part of your commercial property to determine whether it can be placed on a shorter depreciation schedule. In other words, rather than just depreciating the entire property over 39 years, you have qualified professionals look at your property and separate it into individual components that can be depreciated on a shorter timeframe.

Starting with property documentation and analysis, engineering specialists work with architectural drawings, construction contracts, and site visits to determine the qualifying assets that can be accelerated. Electrical upgrades, landscaping, decorative elements and certain types of flooring are just some of the assets that fall under depreciation schedules that can be accelerated.

How Colorado Springs Homeowners Benefit

Professional cost segregation analysis provides significant benefits to real estate investors in Colorado Springs:

• Instant tax benefits with higher depreciation in the first year
• Cash flow improved as a result of the reduction in current tax expense.
• Backdated benefits for properties bought in prior years
• Strategic tax planning leads to improved returns on investment.
• The professional paper that backs up every claim for depreciation
• Guaranteeing adherence to existing IRS laws and policies

Who Is a Candidate for a Cost Segregation Study?

Cost segregation will work in your favor and yield greater returns in these property and investor scenarios:

• Commercial owners of facilities valued over $500,000.
• Those who have bought property in the recent years
• Small business owners with significant yearly taxable income
• Real estate developers undertaking new builds
• Property reinvestors who have done major rehab on a home
• Owners of multiple properties who are growing their portfolios

What is Included in a Colorado Springs Cost Segregation Study

We have a process in place to ensure that each eligible component of the property is accurately identified and documented.

• Thorough on-site evaluation carried out by licensed engineers and tax advisors
• Evaluation of the construction plans including the contracts, bills, and blueprints
• To identify the best depreciation schedules through analysis of asset categorization
• Expert cost allocation assisting with accelerated depreciation claims
• Depreciation position documentation prepared to defend against an IRS audit.
• A final comprehensive report that lays out all the findings and recommendations

Why Work With Us

For Colorado Springs, a local tax team with decades of engineering expertise and advanced tax knowledge is the best bet. Our engineering team delivers quality results and backs each claim with detailed documentation supporting every depreciation claim. We provide quality reports that pass IRS review.

With this knowledge and understanding of the Colorado Springs market, our analysts customize their approach accordingly. From downtown office buildings and industrial buildings in the Colorado Springs Airport, we have completed assignments for property of all types in Colorado Springs.

Begin your Cost Segregation study right now.

Schedule your Cost Segregation consultation now to begin saving significant tax dollars. Contact us today to schedule a consultation about your Colorado Springs property and obtain estimated tax savings. Get in touch with us today to learn how you can apply Cost Segregation as part of a real estate investment strategy and lower your annual tax liability through a strategic tax planning approach. Contact our team today