A critical decision a business owner may contemplate is whether to rent or own the property for their business. There are many factors to consider in deciding whether to purchase or lease a property, including one that many business owners may not be aware of. One of the biggest advantages to owning a property over… [keep reading…]
Tag: cost segregation study
Could Your Business Benefit from a Cost Segregation Study?
What is a Cost Segregation Study? A cost segregation study analyzes a business’s commercial real estate property to identify certain component assets that can be segregated from real property assets for tax reporting purposes. When a cost segregation study is done a business can reclassify 39 year property into shorter lived property, such as 5… [keep reading…]