Property owners can reduce their income tax liabilities by accelerating their property's depreciation deductions. With a cost segregation analysis, you could be able to write off up to 25-35% of your building’s original purchase price in the first year.
Cost Segregation is a federal income tax planning tool available to building owners who purchase, construct, or renovate a commercial or residential rental property. Cost Segregation allows the building owner to re-classify the assets of the property, resulting in accelerated depreciation.
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I had a great experience working with the Taxtaker team especially Maggie Hensley. They were able to answer all my questions and guide me on how to do things.
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Easy to work with, very friendly staff, clear expectations of us, good value.
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The TaxTaker team makes the R&D tax credit process really easy, which is something that's very important given any external-driven process can be more difficult to impact or navigate through. The communication, between timeline, expectations, and results, is excellent. And I truly enjoy the people. Everyone involved is nice to work with - personable while professional and engaging.
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