Description
Discover the opportunities and legal considerations of cost segregation.Discover the opportunities and legal considerations of cost segregation. Cost segregation is a powerful tax planning strategy used by real estate owners and tenants to accelerate significant depreciation deductions associated with buildings and improvements of all types and sizes. Although cost segregation has become quite popular in recent years, many tax advisors and real estate owners are still missing significant opportunities because they are unfamiliar with the many applications. This topic provides both an introduction to cost segregation, as well as some more advanced planning ideas. A solid understanding of cost segregation and the benefits of applying this strategy will be provided. Enjoy a discussion of various applications for cost segregation, beyond newly constructed and newly acquired properties. The topic concludes with an overview of what the IRS is looking for in a cost segregation study.
Date: 2019-02-15 Start Time: End Time:
Learning Objectives
Cost Segregation Overview
• What Is a Cost Segregation Study?
• Impact of Accelerating Depreciation
• Proper Methodologies
Qualifying Property
• What Constitutes a Building
• Tests Used for Identifying Qualifying Property
• Examples of Qualifying Property
Applications for Cost Segregation
• Life Cycle of Real Estate
• Using Cost Segregation With New Construction, Acquisition, Redevelopment, Tenant Improvement, Look-Back Studies and More
• Interplay With the Tangible Property Regulations
Recent Updates
• Current Stimulus Packages, Ruling or Legislation
CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
