Cost Segregation and Deprecation Analysis
The goal of a cost segregation study is to get a value assigned to all of your business property including the building, land, improvements, furniture, fixtures, equipment and all the other assets of your business.
When you purchase a business, it is important to understand what exactly you are buying. When you purchase property, you are buying the interior, exterior, and the land. When assets are being purchased in addition to the property you maybe purchasing many assets with varying useful lives for deprecation purposes. Being able to segregate the assets and identifying values to each asset and asset class can have a huge impact on your first year depreciation expense.
Once we have a full picture of all the components that are being purchased, we can run different simulations on deprecation, which will have substitutional tax benefits.