Walter & Shuffain, P.C.

Cost Segregation Studies

Cost Segregation is a strategic tax savings tool that allows entities and individuals who have constructed, purchased, expanded, or remodeled real estate to increase their cash flow by accelerating depreciation deductions and deferring federal and state income taxes.

A Cost Segregation Study (CSS) can potentially save property owners thousands of dollars. It can also be applied to current year tenant build-outs.

Cost segregation doesn't just apply to new buildings. Any property that has been constructed after 1986 can be the subject of a cost segregation study. All of the missed depreciation from prior years can be realized in the current year.

At Walter & Shuffain, our CSS professionals will work closely with our tax experts to perform your CSS, ensuring that you experience a reduced tax burden, increased cash flow, and the highest possible return on your real estate asset.

Our cost segregation services include:

An examination of architectural/engineering drawings and specifications to determine assets available for accelerated cost recovery
An on-site visit and inspection of the property
Determination of the purpose and function of the property and related equipment
Analysis of the capitalized cost, including the final application for payment, change orders, architectural fees, owner-incurred costs, and other submitted costs
Allocation of indirect costs to project assets
Classification of the final project costs
Research court cases and revenue rulings, state sales/use tax law and related cases

A cost segregation study may result in:

Maximized tax deferrals through accelerated depreciation deductions
Reduced real estate taxes
The potential to substantially reduce sales/use tax costs
Increased cash flow

Certified Public Accountants & Business Advisors

Cost Segregation Studies

What we can do for you.

Cost Segregation Studies

Our cost segregation services include:

A cost segregation study may result in: