Dallas-based CPA firm PriceKubecka has launched a new video to help owners of commercial real estate, including self-storage facilities, apartment complexes, commercial buildings and medical offices, understand the complexities and benefits of a cost-segregation study. Viewable at www.pricekubecka.com/services/cost-segregation as well as YouTube, the video features founding partner Brian Price and Ronna Beemer, a cost-segregation expert at the firm.
PriceKubecka developed the video to show current and prospective clients how meaningful savings can be captured by accelerating depreciation deductions, where warranted. In addition, the benefits of cost segregation can help real estate owners save money by decreasing their income taxes and increasing their cash flow.
A properly conducted and properly documented cost-segregation study can supply evidence and documentation for claiming depreciation deductions over a much shorter time period, said Price. The higher the price paid for the property and the more recent the purchase, the greater the typical tax benefit.
PriceKubecka has been providing professional tax, audit and accounting solutions, as well as strategies and assistance for businesses in the Dallas-Fort Worth Metroplex and other regional cities for almost 20 years. The team includes from the private sector and larger, national CPA firms.