Cost Segregation for Apartment Building Owners

Apartment Building Owners

apartment building

Apartment building owners, inspectors, and investors are encouraged to have cost segregation studies performed on their buildings in order to improve their federal tax credit savings, and increase their cash flow. The study is beneficial for almost any commercial building that has been constructed, acquired, or renovated, and is done to identify building systems and components that qualify for accelerated deductions.

When an apartment complex is bought, the costs are typically broken down between land and building. Through our cost segregations studies, properties can be reclassified from a standard 39 years depreciable life to a 5, 7, 0r 15 year depreciable life.

When Should a Cost Segregation Study Be Done?

  • After the purchase of an existing complex
  • After the construction of a new apartment complex
  • After the renovation, remodeling, restoring, or expansion of an apartment complex
  • You paid for leasehold improvements

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