I am in the process of putting a residential deal together.

The buyer wants to use the Cost Segregation method to bring down the purchase price so that he can save on property taxes.

Has anyone out there used this method before? I am looking for advice and suggestions.

Regards

Dave Magua

EWM Realtors

Weston Florida

 

2 Comments on Cost Segregation

AUG
07
2007
hummm cost segregation, never heard of that strategy. i will have to check out future comments on this one.
5:38pm • #1

Doug,

  urchasers of real estate can gain tremendous tax benefits by using a popular asset depreciation technique called cost segregation. Using this method, buyers view a real estate acquisition as consisting not only of land and buildings but also tangible personal property and land improvements. The tax savings come from accelerated depreciation deductions and possible easier property write-offs. A taxpayer can use cost segregation when constructing a building, buying an existing one, or, in certain circumstances, years after disposing of one so long as the year of disposition still is open under the statute of limitations

Regards

Dave

 

5:46pm • #2

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Dave Magua

Weston, FL

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EWM Realtors

Office Phone: (954) 306-7323

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