Bill Smith
ELB Consulting, Inc.
Cost Segregation
| Email: | bill@elbcostseg.com | |
| Phone: | 480-747-5547 | |
| Website: | http://www.elb360.com |
Details:
What Is Cost Segregation?
Cost Segregation is an IRS approved method to reclassify property in order to accelerate the depreciation, leveraging the time value of money.
What does this mean to you? It will increase “cash flow” by lowering your tax liability through the reclassification and depreciation of property.
As a strategic tax strategy partner with The Tax Goddess, we help reduce tax liability and improve cash flow for clients who own income producing real estate, or are owner occupiers of the business office or properties.
ELB’s “fully engineered and accounted” methodology is unique in this industry, in that we identify every building improvement and component. Other firms ‘engineering based’ reports leave money on the table. This approach and asset detail allow for the future disposition/abandonment of assets by The Tax Goddess in compliance of IRS Regulations.
Who Can Benefit?
Any structure used for business or as rental property is eligible for the benefits of Cost Segregation. Leasehold improvements or renovation costs can also benefit from Cost Segregation.
The tax deduction range of benefit will vary based on the building type. Having a portfolio of over 14,000 completed reports, ELB has done studies on office buildings, medical offices, apartments, hotels, veterinary clinics, retail, restaurants, warehouses, mixed-use developments, and more.
Why ELB? Experience Counts and Methodology Matters
ELB’s team has well over 18 years experience, provides asset management detail and has a dedicated project management team. As a result of our approach of identifying all qualified and non-qualified components, we have found our study identifies 12% more tax benefits ‘on average’ than other national firms. Don’t leave money on the table, call us!
The Tax Goddess has reviewed many and identified ELB Consulting as their strategic tax partner for cost segregation. Together we have saved clients hundreds of thousands in taxes and improved cash flow.
