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Maximize Your Tax Savings with
Our Cost Segregation CPAs

COST SEGREGATION STUDY

A Cost Segregation Study is a great way to save on taxes for individuals and businesses that have recently bought, built, or renovated a property. This study helps lower your current income tax bills and boost cash flow by allowing you to take larger depreciation deductions for certain parts of your real estate. Typically, these parts are treated as having a long depreciation period: 39 years for commercial buildings and 27.5 years for residential buildings.

 

During the study, a cost segregation expert will find parts of your property that can be moved to a shorter depreciation period. This can lead to significant cash flow improvements and lower taxes, along with other benefits:

 

  • Cost segregation can lower your real estate property taxes.
  • You can reclaim missed depreciation on assets that were classified incorrectly.
  • An independent third-party analysis can stand up to IRS scrutiny.

 

If you’re ready to explore how a cost segregation study can enhance your tax savings, contact Haynie & Company today! Our team is here to assist you in maximizing your financial benefits.

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“Cost Segregation is a lucrative tax strategy that should be used in almost every major purchase of commercial real estate” – The Wall Street Journal

Haynie & Company’s Cost Segregation Services

At Haynie & Company, our cost segregation services make it easy to analyze your property’s assets. We find components that can be reclassified for shorter depreciation periods, such as flooring, fixtures, and specialty equipment.

 

Our team conducts thorough analyses and prepares detailed reports to ensure compliance with IRS guidelines. We provide customized solutions tailored to your property, whether you own a commercial or residential building. With our experienced CPAs on your side, you can trust that you’re in good hands.

 

Immediate Cash Flow Improvement

 

One of the biggest benefits of cost segregation is the immediate improvement in cash flow. By accelerating depreciation, you lower your taxable income, which results in instant tax savings. This extra cash can be reinvested back into your business or used to finance other projects.

 

Reduction of Income Tax Liabilities

 

Cost segregation helps businesses significantly lower their tax liabilities. By reclassifying assets to more favorable depreciation schedules, you can achieve substantial savings over time, freeing up funds for growth.

 

Decrease in Real Estate Property Taxes

 

Another important advantage of cost segregation is its effect on property taxes. By accurately identifying and categorizing property components, we can help reduce excessive tax burdens. Our thorough analysis ensures compliance while optimizing your tax strategies

How Cost Segregation Works

Our process starts with a comprehensive assessment of your property. We identify qualifying assets that can be classified with shorter depreciation periods, including components that may have been incorrectly categorized in previous tax filings.

 

Identifying Qualifying Assets

 

Our cost segregation specialists carefully examine your property’s details to find opportunities for reclassification. This step ensures that we maximize your depreciation benefits.

 

Reclassification of Assets

 

Once we’ve identified the assets, we move on to the reclassification phase. We categorize these components following IRS guidelines, enabling accelerated depreciation that positively impacts your overall tax strategy.

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Speak with Haynie & Company’s Cost Segregation Analysts

 

Have you recently invested in real estate? Find out if you are eligible for tax savings by contacting a cost segregation specialist at Haynie & Company.

 

Haynie & Company is a CPA firm that provides individuals and companies with high-quality cost segregation services. We perform thorough reviews to uncover opportunities for asset reclassification and document all findings in a detailed report. You can trust our cost segregation studies to meet IRS standards and our reports to uphold when audited.

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