Bob Kumar

Bob Kumar
November 23, 2015

Cost Segregation greatly accelerates the depreciation on our hotels properties through identifying and quantifying the various components of the real property. A portion of our property is reclassified from 39 year depreciation into 5, 7, and 15 year depreciation which has a tremendous impact on cash flow. Essentially they provide and IRS compliant source document that allows your tax professional to change your depreciation in a favorable manner. If you have owned your property for several years, you can catch up missed depreciation and bring it all into the current tax year. If you have built a new property, their service facilitates Section 179 depreciation.

I have done nine studies – some existing properties, some new properties – with this company and they have greatly benefited my financial situation, working very closely with my CPA. They provide an initial review that is free which conservatively projects the potential benefit and quotes are fee for their study should you decide to contract.

It is important to realize that this study is beneficial only if you are not selling in the near future…

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