The Woodlands Engineered Cost
Do you know what The Woodlands cost segregation study is? If not, it’s certainly something you should learn more about. The Ambrose Group offers a cost segregation study in The Woodlands TX and it can save you a lot of money if you own commercial real estate. Almost any taxpayer who owns, acquires, constructs, or renovates a commercial real estate facility can benefit from having The Woodlands cost segregation study completed.
The Woodlands Engineered Cost Segregation
So just what is a cost segregation study in The Woodlands TX? It is an application approved by the Internal Revenue Service in which owners of commercial property can accelerate depreciation of certain assets. This is done by re-classifying these assets from the standard 39-year depreciable life to a five, seven or 15-year depreciable life. You may be wondering how it can benefit you. You will see:
- A reduction in your current tax liability
- An increase in your cash flow
- You can defer your taxes
- You can enhance your ability to reclaim missed depreciation deductions from previous years
Cost Segregation Study — The Woodlands TX
There are some people who don’t take advantage of The Woodlands cost segregation study. They aren’t aware of the benefits and their trusted advisors aren’t sharing those benefits with them. Some believe that doing this study will end up triggering an audit. This is not true, as the IRS has guidelines in place for developing such studies. Others believe the engineered cost segregation in The Woodlands TX is too expensive. At The Ambrose Group, we don’t recommend that you do the study unless your return on investment is more than 4 to 1. If you don’t plan on holding on to the property for more than two years, it’s not a recommended tax strategy, either.
Call to Get More Information
We want to tell you more about The Woodlands cost segregation study and our other services. Give us a call at 713-688-7733. We look forward to helping you.