How Tacoma Property Investors Can Save the Most on Taxes

Tacoma commercial real estate property owners are starting to reap the benefits of accelerated depreciation schedules, courtesy of cost segregation studies. This unique tax technique helps to accelerate a commercial real estate property owner’s depreciation by categorizing specific building components into shorter depreciable periods so that the property owner is able to receive higher depreciation amounts in the earlier years of the building’s life. Tacoma property owners will continue to experience the benefits of accelerated depreciation schedules, with the city of Tacoma being home to all types of commercial real estate, from waterfront developments to industrial warehouses to apartments. Tacoma

How Cost Segregation Really Works

Cost segregation is a strategy approved by the IRS to analyze the construction costs and architectural features of a property and determine which of them can be depreciated faster. Instead of depreciating the property over 27.5 or 39 years, this method depreciates specific components over 5, 7, or 15 years. By evaluating your electrical components to your flooring materials, our engineering method ensures that all IRS guidelines are met.

What Tacoma property owners have to gain

Tacoma investors have the opportunity to reap significant benefits by utilizing professional cost segregation analysis.

• Quickly boost cash flow by maximizing current year deductions through accelerated depreciation
• Reduces current tax liability, potentially saving thousands in a year
• Improved returns on commercial property
• Retroactive benefits on recently bought homes
• Better financing options thanks to higher cash flow
• Ways to use tax planning to your benefit when building a property portfolio

Which Properties Should Be Considered for Cost Segregation Studies?

For the types of properties and ownership structures prevalent throughout Tacoma, the most advantageous outcomes in a cost segregation study are usually found within these areas:

• Owners of commercial buildings with a value exceeding $500,000.
• Facility operators in Tacoma’s industrial port and manufacturing zones
• Multi-family residential property investors.
• Owners of commercial office buildings and retail outlets
• Investors with an interest in healthcare facilities and medical offices
• Proprietors of restaurants and hospitality establishments
• Recent property buyers wanting a quick tax break

Details of What our thorough study entails

Our cost segregation study approach is unique in its ability to combine engineering principles and tax law knowledge to maximize your return:

• Thorough site visit and property assessment
• Evaluation of building plans, blueprints, and invoices.
• Classifying assets on a component-by-component basis
• Preparing reports and documents that comply with IRS standards
• Coordinate with your tax pro to ensure a smooth rollout.
• Support through any IRS questions or audits

Why Choose Us

We combine extensive engineering knowledge with tax expertise, and a deep familiarity with Tacoma’s market and the latest federal and state tax codes. That means when your property undergoes a cost segregation study, you can feel confident you’re getting an excellent product from professionals in the field.

Get Your Cost Segregation Study Started Today

Don’t leave money on the table. Tacoma property owners are using cost segregation to maximize their cash flow and property performance. Let us determine whether your property would benefit from a cost segregation study. Reach out to our team today to get a free estimate or to schedule your no-cost consultation, or to learn more about how we can help you maximize your real estate investments through cost-segregation-accelerated depreciation. Contact our experienced professionals