Motels
Cost Segregation for Motels
Our team of professionals at CSSI® – Cost Segregation Services, LLC works with motel property owners and their tax professionals across the country to maximize their income tax savings. With a cost segregation study on your motel property, you keep more of your money through accelerated depreciation on your commercial property.
Advantages of a Cost Segregation for Motels
Motel property owners who acquired after December 31, 1986 (renovations included), can take advantage of the cost-saving cost segregation study. By accelerating the depreciation of your motel building’s components from the average 27.5- or 39-year class lives to 5-, 7-, or 15-year class lives with a cost segregation study, we can provide motel property owners significant savings on their income tax. And with the thousands you save, you can make renovations, pay down debt, or construct a new building.
Components for a Motel Cost Segregation Study
By conducting cost segregation studies using an engineering-based method, we look closely at the unique components of your motel that will maximize your savings. By breaking down the cost of the components of your motel, you can realize you can keep more of your money.
Components our CSSI® team takes into account include:
- Cabinets and countertops
- Carpet, flooring, and decorative molding
- Electrical and plumbing systems
- Landscaping
- Paving, parking lots, and sidewalks
- And more.
Why Choose CSSI® to Conduct a Cost Segregation Study on Your Motel
Since 2003, we have been providing comprehensive cost segregation studies for motel property owners. In addition, we work with your tax professional to ensure your study is applied correctly to maximize income tax savings.
Our cost segregation company performs engineering-based cost segregation studies for motel properties valued at $200,000 to $750 million. And with over 45,000 studies completed nationwide, we are confident that we can provide the same effective tax-saving solutions for your motel property too.
Does Your Motel Qualify for a Cost Segregation Study?
Three factors determine whether your motel will qualify for a cost segregation study. Factors include:
- The building or improvements to a building was constructed after December 31, 1986.
- The building or improvements have a cost basis of at least $200,000.
- You will keep the building for at least three more years.
With the money you save, you can reinvest in your motel, pay down debt, or expand to new locations. With the help from our team of professionals, you’ll be able to boost business even more with the savings you get back.
Get in Touch with a CSSI® Representative Today
Our goal is to provide serious savings on your commercial property so that you can increase your business’s cash flow. Keep more of your money by getting in touch with a CSSI® representative today about how you can receive a no-cost analysis of your motel property.