Resources & Insights
Frequently Asked Questions
Clear answers to you most common cost segregation and tax strategy queries.
What is cost segregation and how does it save me money?
Yes — lookback study. Under IRS Rev. Proc. 2015-13, file Form 3115 (Change in Accounting Method). No amended returns. Catch-up deduction in current year.
What type of properties qualify?
Yes — lookback study. Under IRS Rev. Proc. 2015-13, file Form 3115 (Change in Accounting Method). No amended returns. Catch-up deduction in current year.
Can I do a study on a property I've owned for years?
Yes — lookback study. Under IRS Rev. Proc. 2015-13, file Form 3115 (Change in Accounting Method). No amended returns. Catch-up deduction in current year.
What is 100% bonus depreciation and how does OBBBA affect it?
Yes — lookback study. Under IRS Rev. Proc. 2015-13, file Form 3115 (Change in Accounting Method). No amended returns. Catch-up deduction in current year.
How much does a study cost?
Yes — lookback study. Under IRS Rev. Proc. 2015-13, file Form 3115 (Change in Accounting Method). No amended returns. Catch-up deduction in current year.
Is it IRS audit-defensible?
Yes — lookback study. Under IRS Rev. Proc. 2015-13, file Form 3115 (Change in Accounting Method). No amended returns. Catch-up deduction in current year.
When is the best time?
Yes — lookback study. Under IRS Rev. Proc. 2015-13, file Form 3115 (Change in Accounting Method). No amended returns. Catch-up deduction in current year.
How long does it take?
Yes — lookback study. Under IRS Rev. Proc. 2015-13, file Form 3115 (Change in Accounting Method). No amended returns. Catch-up deduction in current year.