Cost segregation is a method that commercial property owners can use to accelerate their building’s depreciation, which reduces the amount of taxes owed on the property. Accelerating from the conventional 27.5- and 39-year class lives, a cost segregation study shortens the depreciation of the building or renovation components to 5-, 7-, or 15-year class lives.
In short, our engineering-based method results in a much higher depreciation expense and a significantly reduced taxable income for you. Indiana property owners that we’ve built successful relationships with through a beneficial study have used their substantially increased cash flow to reinvest into their business, purchase additional property, pay down their principal payment, and even eliminate debt. Ultimately, it is your money to use how you choose.
What Can a Cost Segregation Study be Applied To?
Tax code rulings for cost segregation are in your favor as they state a study can be applied to categories of building purchased or built after December 31, 1986, including renovations. You don’t even have to amend your tax return.
A CSSI® study will provide you and your tax professional with the calculations for various components and building systems. These calculations may be necessary to execute the “Repair Regulations” categories.
More on Repair Regulations
Cost segregation studies can be applied to all types of buildings as it separates the components for accelerated depreciation. Common components include:
- Carpet, flooring, and decorative molding
- Built-in cabinets and countertops
- Window treatments and coverings
- Landscaping, irrigation, and fencing
- Paving and sidewalks
- And More
CSSI® Provides Cost Segregation Services Throughout Indiana
As an experienced cost segregation services provider, we make it easy for those who own or lease commercial property in Indiana to get all the benefits of a cost segregation study. From Michigan City to Scottsburg, and everywhere in between, we can provide the tax savings you deserve no matter where you are located. With a no-cost review, we show you your potential savings without any risk. Trust the experts at CSSI® and get the savings that other Indiana property owners are already enjoying.
Call CSSI® Today
How to Get Started
1. Fill out the form above to be contacted by a representative.
2. Your representative will discuss your property with you to provide you a no-cost predictive analysis to illustrate your potential savings.
3., CSSI® will begin your cost segregation study. Your study is typically completed in four to six weeks, after which we provide the cost segregation study to you and your tax professional.
4. CSSI® will assist your tax professional in applying the results to your tax return.