Cost Segregation Services

PRIMARY CONTACTS: Gennaro J. DiBello CPAMarsha L. Ruddle CPA

Your company’s real estate holdings constitute a huge capital investment. With Schneider Downs’ engineering-based cost segregation studies, you can maximize your real property’s financial return by generating significant cash flow savings.

Our cost segregation analysis generates cash tax savings by carving out shorter-lived assets (qualifying for 5-, 7- or 15-year write-off periods) that are normally imbedded in a building’s construction or acquisition costs (generally depreciated over 39 years). 

  • Our consultants will “mine out” these buried tax savings from: 
  • New buildings presently under construction.  
  • Existing buildings undergoing renovation, remodeling, restoration or expansion.  
  • Purchases of existing properties.  
  • Office/facility leasehold improvements and “fit-outs.”  
  • Post-1986 real estate construction, building acquisition or improvements where no cost segregation study was performed (even though the statute of limitations previously closed on the property construction/acquisition year).  

Enjoy the windfall for real property constructed or purchased in a prior tax year or for proprety constructed or purchased in the current tax year.

You now have a valuable opportunity, courtesy of the IRS, if you constructed or purchased real estate in a prior year but did not have a cost segregation study performed. An IRS procedure now allows you to deduct depreciation amounts that you are legally entitled to, but did not claim (e.g., due to erroneous property classification as a 39-year depreciable building) entirely in the tax year in which you complete a study. 

Our cost segregation consultants possess the engineering expertise and the necessary tax compliance skills to permit you to accelerate tax depreciation deductions, reduce taxes and increase your cash flow through our cost segregation studies. For more information on Schneider Downs Real Estate Cost Segregation Services, contact us for our brochure or complete the Cost Segregation Benefit Analysis form. 

Which industries does Schneider Downs Cost Segregation Services benefit? 

  • Automobile Dealerships  
  • Commercial Rental Property 
  • Corporate Office Buildings 
  • Distribution Centers 
  • Food Processing Plants 
  • Hotels and Motels 
  • Manufacturing Facilities  
  • Mixed-Use Property 
  • Multi-Family Residential Property 
  • Restaurant Facilities 
  • Shopping Malls 
  • Strip Mall Center Shops 

Additional Tax Credits and Incentive Services

About Schneider Downs Tax Advisors 

With one of the largest regional tax practices in the country, Schneider Downs Tax Advisors’ personal focus on clients and in-depth understanding of current issues ensures that clients are complying with tax filing requirements and maximizing tax benefits. Our industry knowledge and focus ensures delivery of technical tax strategies which can be implemented as practical business initiatives. Learn more at www.schneiderdowns.com/tax-services.

case studies
 
                                    Company impacted by ransomware.
big problem:
Company impacted by ransomware.
big thinking:
Restore system on-site and avoid six-figure ransom.
 
                                    Inefficient tax credit realization.
big problem:
Inefficient tax credit realization.
big thinking:
Identified a $900,000 tax credit, nearly twice as much as prior years.
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