Accelerate major tax savings with Cost Segregation
Leverage the most powerful income strategy available to real estate owners and invest your money faster
“Luck is where preparation and opportunity meet.” - Seneca
Boost business and property cashflows
Reduce or eliminate federal taxes
Invest in your next property faster
Engineering Team Highlights
What is Cost Segregation?
More depreciation = more paper losses = less taxable income = more money in your pocket
Cost segregation is an IRS-approved powerful tax planning strategy that allows real estate professionals that own short-term rentals (STRs), long-term rentals (LTRs), owner-occupied businesses, and/or commercial property to increase cashflows while generating paper losses that decrease taxes owed.
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Typically Residential or Commercial properties depreciate in a straight-line (every year is the same amount) over 27.5 or 39 years.
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Cost Segregation is an engineering analysis that breaks up the property into its component parts (cabinetry, fixtures, HVAC, fencing, doors, for example) and assigns depreciation over 5-, 7-, or 15-years which are eligible for additional first year bonus depreciation (currently 80% or 100%).
Depending on the property, as much as 20-40% or more of the building cost may be eligible for accelerated depreciation.
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The Result: Depreciation can be front-loaded, resulting in a considerable increase in short-term cash flow and a reduction or even elimination of taxes owed.
Does my Property Qualify?
If you are the owner of an investment property that is worth at least $450,000, or you have had $500,000 in improvements, and you plan to hold on to the property for 3+ years, you may be able to capture thousands in tax benefits.
Single-Family Homes
Multi-Family Homes
Apartments
Owner-Occupied Businesses
Commercial
Why work with Seneca Cost Segregation?
Cost Segregation is Our Specialty
We follow CSATG to a T and focus solely on Cost Segregation, working with your CPA and team to ensure a cost segregation study brings large savings to you and the process of attaining the study is painless
Deployed Across All 50 States
Our team is deployed across all 50 states and can perform remote (virtual) or on-site tours depending on the property, timing needed, and individual preference
Backed by Seneca AuditDefense
Every cost segregation study we produce is IRS-compliant and turned around quickly. In the unlikely event of an audit, we will defend them for you and refund the cost of the study with our Money-Back Guarantee
Process
At Seneca Cost Segregation, we have a simple three-step process to unlock your savings.
FREE Consultation + Proposal
We perform an upfront no-cost feasibility assessment of your property or portfolio before any study is performed. Then, we’ll craft a free proposal that shows the potential tax savings and ROI from doing one or more Cost Segregation studies. Proposals are returned to you within 24 hours.
Cost Segregation Study Preparation
Our experts work with you to prepare your detailed Cost Segregation Study including methodology, certifications, detailed analysis, and the audit-ready report itself.
Savings!
We work with your CPA to help them incorporate the study into your depreciation schedules so that you know how much money you’ll be saving and can start leveraging your money immediately.