Lately I’ve been hearing more and more commercial property owners are taking advantage of cost segregating their real property. This strategy can have significant tax benefits, so I encourage you to get hold of Susan Nichol with Commercial Property Consultants if you are exploring this avenue.

Enter Susan Nichols, a savvy commercial property investment advisor.  Her affiliation with Commercial Property Consultants (CPC) has made her a sought-after commodity.  CPC is an engineering-based company specializing in commercial property tax saving modules, especially in Cost Segregation.  With a strong customer service based background, Nichols has been involved in the commercial real estate market for some years.

What is cost segregation?  Also known as accelerated depreciation, cost segregation could be the most significant opportunity to reduce income tax liability.  A cost segregation study is an in-depth analysis of the costs incurred to build, acquire or renovate a real estate holding.  

By utilizing their team of engineers and tax specialists, CPC breaks down your building into separate components, where some components will have an accelerated depreciation life.  For example, generally depreciation is spread over 39 years.  The carpeting you recently installed in your commercial building surely will not have a 39-year old life.  Same for the light fixtures, breakout walls, the roof, etc.  These items are subtracted from the over all taxable value of the property.  

The primary goal of a cost segregation study is to identify all construction-related costs that qualify for accelerated income tax depreciation. Small or large, your business can save money with a cost segregation study, typically many times the amount you invest.

Your feedback and comments are always appreciated. Please contact me atPete@ConsultPete.com or 925-719-3569. To learn more about my background, visit Consult Pete. To learn more about my company strategy, visit Commercial MasterMinds.