Are You the Right Fit for Cost Segregation?
That should be the No. 1 question on your mind. It is no small undertaking, and while O’Connor has some of the best fee options in the industry, it can still cost a good deal. The savings can be truly immense, but you need to be in the right position to take advantage of a cost segregation study.
One of the most powerful features of cost segregation is that it can offset income taxes. You are a prime candidate if you have a great income but there is no way to reduce your tax burden. You should also ensure that depreciation can also be used to lower your income taxes, or a study is a waste of time and money. Your CPA should be able to guide you.
If you meet the above criteria, then a cost segregation study is a no n-brainer, as it can save you 10 or even 100 times the initial investment. This is especially true if you can utilize bonus depreciation. O’Connor only charges a flat fee, which is typically dwarfed by potential savings.
Our preliminary analysis can be used to see if you even qualify in the first place, letting you decide if it is worth the expense and effort. Our analysis is free, so there is no risk to investigating.
Crunch the numbers and see if our flat fee is worth what you could save. It may make more sense to opt out of an on-site visit to save money if you have a limited expected return.
If you have a commercial property and a large income with no way to lower your tax burden, then cost segregation is the perfect tool for you. Feel free to reach out to one of our experts to explore the possibilities of moving forward. If you do not qualify, we will let you know instead of trying to push forward on a venture that will not benefit you in any way.