1. We offer a Free analysis and all we need is a copy of the depreciation schedule used as part of your tax return or a charge statement if this is a new acquisition.
2. With the depreciation schedule, we can complete the initial analysis indicating what your cost would be and the estimated immediate tax benefits to you.
3. If you like the results, you then allow us to complete the cost segregation study. It is that easy and the whole process takes approximately four to six weeks.
The best way to explain the benefits is with a very quick and real example. We would like to tell you Scott Gunderson’s results as the owner of multiple automobile dealerships including an Audi and Infiniti dealership in Southern California.
The results for three of his dealerships were as follows:
1. The total cost of the engineered studies for all three dealerships was $22,000.
2. The first year additional tax deduction as a result of the cost segregation analysis was approximately $600,000.
Think about it, would you be interested if someone told you by giving them $22,000, you could get an additional $600,000 tax deduction and/or a huge check in the mail from the IRS? And what is truly amazing is that the CPA for the dealerships actually did a cost segregation review, but they just could not do it with the efficiency and skill of an engineering independent firm that specializes in this area.
Furthermore, the IRS allows for a "catch up" provision to be used. You can use all the additional depreciation identified through the study in the current tax year without amending any prior year's tax returns. Furthermore, whatever benefits you didn't need for the current year can also be carried forward into the future. This gives you a potentially wonderful benefit of creating additional deductions as a result of prior income.
I trust you will agree this can be a substantial cash-flow benefit to you. If you would like more information or would be interested in a FREE cost segregation analysis, please call us at 949-200-7109 or email us at david@ptenterprize.com.
Click Here for Examples of the Successful cost segregation studies listed below:
Mercedes Benz Immediate Tax Savings $308,402
Carl’s Junior Immediate Tax Savings $197,527
Senior Living Center Immediate Tax Savings $9,310,239
Hotel with Restaurant Immediate Tax Savings $4,027,555
Shopping Center Immediate Tax Savings $479,980
Audi Mission Viejo Immediate Tax Savings $157,413
Fitness Center Immediate Tax Savings $383,488
Apartment Complex Immediate Tax Savings $131,860