Comments on: Girl Power – Young women learn what it takes to start a business. http://www.slechter.com/girl-power-young-women-learn-what-it-takes-to-start-a-business Advancing Financial Literacy Across the Globe Fri, 03 Sep 2010 01:43:11 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Sharon Lechter http://www.slechter.com/girl-power-young-women-learn-what-it-takes-to-start-a-business/comment-page-1#comment-7 Sharon Lechter Mon, 14 Apr 2008 22:12:52 +0000 http://slechter.dreamhosters.com/?p=20#comment-7 Cost segregation allows a property owner to identify the personal property assets that are grouped with or within real property assets and to separate them for tax reporting purposes. It shortens the depreciation time, which allows for a greater depreciation deduction resulting in lower current income tax liabilities. Personal property includes a building’s non-structural elements (ie. kitchen cabinets), and indirect construction costs. There are qualified professionals who can perform these studies for you. As a practical matter and for cost vs. benefit purposes, I typically consider cost segregation for properties valued over $500,000. Please consult with your tax advisor to determine if you can benefit from cost segregation. Thank you Cost segregation allows a property owner to identify the personal property assets that are grouped with or within real property assets and to separate them for tax reporting purposes. It shortens the depreciation time, which allows for a greater depreciation deduction resulting in lower current income tax liabilities. Personal property includes a building’s non-structural elements (ie. kitchen cabinets), and indirect construction costs.

There are qualified professionals who can perform these studies for you. As a practical matter and for cost vs. benefit purposes, I typically consider cost segregation for properties valued over $500,000. Please consult with your tax advisor to determine if you can benefit from cost segregation.

Thank you

]]> By: Terry Wert http://www.slechter.com/girl-power-young-women-learn-what-it-takes-to-start-a-business/comment-page-1#comment-4 Terry Wert Fri, 04 Apr 2008 21:47:19 +0000 http://slechter.dreamhosters.com/?p=20#comment-4 I have heard of cost segregation studies being done on Resi. R.E. investment prop. It's fascinating to know about, but how does it work a - z ? ( Chattel appraisal ) Is it worth having done on all investment property; condo's up thru multi. Sincerely, TERRY I have heard of cost segregation studies being done on Resi. R.E. investment prop. It’s fascinating to know about, but how does it work a – z ? ( Chattel appraisal )

Is it worth having done on all investment property; condo’s up thru multi.

Sincerely,
TERRY

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