Green Bay , business owners can lower their real estate taxes and increase their cash flow with a cost segregation study. Commercial properties in Green Bay, and any properties owned by businesses, are eligible to accelerate depreciation with a cost segregation study. By changing the classification of the real property, property owners in Green Bay will save on taxes now.
The mechanics of cost segregation
An IRS-sanctioned tax technique called cost segregation entails a granular examination of a commercial property to identify components of the property that may be depreciated at a faster rate than the whole building would typically be depreciated (39 years). It is not uncommon for personal property to be written off over 5-7 years with the assistance of cost segregation and for land improvements to be written off over 15 years, which results in a huge reduction of your taxes as well as a major increase in cash flow in the near term.
Advantages for Property Owners in Green Bay
Commercial real estate owners benefit from cost segregation in many ways.
- Immediate Tax Breaks , Generates Significant Year-1 Deductions
- Improved cash flow. : Release capital to fund further investments or to cover running expenses.
- Enhanced return on investment , accelerating depreciation benefits substantially.
- retroactive benefits , apply studies to recently bought houses
- No risk. uses IRS-approved methodology with established precedents.
Who Should Get a Cost Segregation Study
Here are some property owners for whom this tax strategy works best:
- Buyers of commercial buildings : Buildings with a value over $500,000
- The new construction projects , to get the most out of depreciation from the start
- Major renovation investors : Speed improvements and additions
- High-income earners offset large tax charges
- Growing business , reinvest savings into growth opportunities
What the Cost Segregation Study Includes for Green Bay
Professional cost segregation studies provide a complete study and documentation to support the tax treatment of your property with the IRS
- A property inspected in detail . All aspects of the property visited and inspected on site
- An engineering evaluation. Technical assessment by qualified professionals
- Asset classification , classification based on the correct depreciation.
- Comprehensive Reporting, Detailed documentation of all reclassifications.
- Tax Preparation Assistance : Advice on working with accountants to realize results
Why Our Company?
We blend our engineering know-how with our understanding of tax laws to help Green Bay maximize their tax savings. We hold ourselves to very high standards, and offer support and quality assurance from start to finish. We know the market and we are ready to work with your current tax team to implement everything smoothly and seamlessly. Every project is thoroughly documented and we are available for continued support.
An Intro to Your Cost Segregation Study
Accelerated depreciation is just a simple call or email away! We will provide an initial analysis that shows how much tax you could save, as well as give you an overall idea of the feasibility of cost segregation. Our cost segregation process does not interrupt your business and we help you achieve your tax savings as soon as possible! Are you ready to learn how much money you can save? Call our office at or fill out the form at to schedule your property screening and start your road to tax savings.