When you bring a cost segregation company on board to evaluate your property, one of the initial steps in the cost segregation process is gathering information about it. They might request photos, along with closing statements and depreciation schedules. And it’s not just the new photos they’re after. They often want to see older interior photos as well. At first, this might seem a bit excessive, especially if the property has already undergone renovations. However, those im

When it comes to getting the most out of your tax deductions, business owners and real estate investors can find themselves weighing the...

Cost segregation studies often come packed with complex terminology pulled from tax law, engineering, and construction. For property...

Leasehold improvements represent a significant investment for businesses that are leasing commercial spaces. It's essential to grasp...

Top Considerations Explained | Cost Segregation Analysis Is the juice worth the squeeze? If you’re holding real estate and not using cost...

When you invest in real estate, understanding how your assets depreciate isn’t just an accounting formality... it’s a crucial strategy...

When it comes to real estate and asset management, accurately classifying property types is crucial for compliance and taxation.

Qualified Improvement Property (QIP) is an important tax category that affects how businesses handle the depreciation of certain...

A depreciation schedule is a comprehensive accounting record that monitors the gradual decline in value of an asset throughout its useful...

The real estate investment landscape is undergoing a significant transformation with the reinstated 100% bonus depreciation