An engineered-based cost segregation study is an excellent planning tool approved by the IRS to lower income taxes. It's based on a detailed process that identifies all the costs associated with a building's purchase, construction, repair or renovation. Each cost identified is assigned its shortest recovery period in which it can be depreciated (5, 7, or 15-year vs. the traditional 39-year or 27.5-years in case of an apartment building). This allows owners to increase depreciation deductions, reduce the income tax liabilities and maximize cash flow from their real estate investment.
You may qualify for a cost segregation study if you are paying taxes, and you have purchased, constructed or renovated (including tenant improvements) a building in the last 15 years (or however far back you have records). This webinar will discuss the process and benefits of a cost segregation study for business professionals.
-Discuss the process of a cost segregation study
-Review the potential financial benefits
-Determine whether you qualify for a cost segregation study
Steve Roark, CPA, NTO Director of Business Development
Steve has over twenty years of experience in financial management and analysis. He has worked with Cost Segregation for the last 12 years. He also has experience with the historic rehabilitation credit, energy deduction/credit (179D/45L), the R&D tax credit and the IC-DISC.
Blake Walker, CSP, Cost Segregation Manager
Blake has more than five years of cost segregation and residential and commercial construction experience. He has extensive knowledge in blueprint reading, performing on-site estimates to determine RCN value of buildings and utilizing reputable construction pricing manuals.
Start Time: 10:30 AM
End Time: 11:30 AM
CPE Credits: 1
CPE Category: Taxes
Delivery Method: Internet Group
No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.