Discover Major Tax Reductions on Your Salem Real Estate Portfolio

Salem-area property owners are finding that a tax-planning technique called a cost segregation study can lower their taxes and save them tens of thousands of dollars each year in cash-flow. A cost segregation study is a legitimate way to accelerate depreciation for commercial and residential rental real estate. Salem

This engineering approach shifts assets to lower depreciable lives, meaning Salem investors are entitled to larger tax deductions in the first couple of years of ownership instead of waiting several decades.

The Mechanism Behind Cost Segregation

When you perform a cost segregation analysis, we evaluate individual construction components and systems in your property. Our cost segregation experts study plans, construction documents and physical inspections to classify specific assets that are eligible for the faster depreciation writeoffs.

Under current federal tax law, various components of a building can be assigned to shorter class lives (5, 7 or 15 years, as opposed to the traditional 27.5 or 39 years), which results in greater immediate deductions without decreasing the overall amount available for depreciation.

How Salem Property Owners Can Benefit

A cost segregation study offers real estate investors in Salem several benefits:

• The accelerated write-off of the depreciation schedule provides immediate tax relief.
• Increased net cash flow as a result of lowered taxes for the current year
• Improved ROI by leveraging time-value advantages
• Retroactive claims for recently bought property
• Performed by a trained, qualified professional, no other risk is involved
• Methodology approved by the IRS with thorough supporting documentation.

Who Should Be Looking at Cost Segregation?

This tax-saving technique may be especially useful for certain types of Salem homeowners and circumstances:

• Owners of commercial buildings worth $500,000 and above
• Multi-family residential investors looking for maximum tax optimization
• Owners of industrial complexes with large specialized equipment
• Recent real estate buyers seeking to maximize their tax advantages
• People who earn a lot and can leverage extra deductions
• Portfolio owners seeking to make future acquisitions or improvements.

The Study Will Include

Our complete Cost Segregation Study is based on accepted engineering methods and IRS standards for defensible and accurate results:

• Thorough site survey by expert engineers and tax consultants
• Identify and catalog each building system and improvement component
• Cost analysis and allocation from construction documents
• Prepare the depreciation schedule for implementation forthwith.
• Backup for IRS compliance & audit defense
• Professional certification supporting all findings and recommendations.

Why Should You Choose Our Company

We merge technical competence with an understanding of the tax code. We are professionally licensed and continue to educate ourselves on regulatory changes so Salem homeowners can feel comfortable and confident with our services.

All of our reports come complete with detailed documentation, and we stand ready to assist in any questions that may come up during tax time or even during an audit. We’ve helped hundreds of property owners just like you reduce their property taxes throughout the area.

Begin your cost segregation study today.

Save yourself from missing out on another year of savings by scheduling a professional cost segregation analysis today. Salem owners who are quick to take advantage of these services will usually be able to use their results retroactively for an instant result.

Give us a call now to get a free assessment and see if your property makes sense for this powerful tax strategy. We’ll look at your situation and advise you on any money you might save and what steps would be involved. Contact our experienced team