Cost Segregation
A Cost Segregation study is used to identify personal property assets that are currently grouped with real
property assets. The goal is to separate personal assets from those classified as real property in an effort to
shorten depreciable tax lives for federal and state income tax purposes. This can reduce current income tax
obligations. Personal property assets include things like non-structural building elements, exterior land
improvements and indirect costs of construction.
Kiner & Associates of Cincinnati can help your business identify personal property assets that are
currently classified as real property assets. Our Cost Segregation service is designed to increase your cash flow
by accelerating depreciation deductions and deferring their federal and state income taxes.
If you have recently constructed, purchased, expanded, or remodeled a real estate holding then you are a prime
candidate to take advantage of our Cost Segregation Service. Depending on the scope of your real estate holdings,
the savings on your tax bill can be quite substantial. The IRS fully supports the use of Cost Segregation to
properly identify asset classification. It is a very valuable service for those who have invested significant money
into real estate.
For more information on Cost Segregation and how it can help you, please call Kiner & Associates at
513-351-5707.
|