Email Contact Us

Access Leading Tax Experts And Technology
In Our Global Digital Marketplace

Please Type Topic Into Search Bar

For Cost Segregation, does it matter how old the building is?

We recently purchased a building that is over 70 years old...can we still benefit from Cost Segregation?
Cost Segregation Cost Segregation Analysis
TaxConnections Members... Answer This Question Want To be One of Our Tax Experts? Register Here

Tax Professional Answers

User Photo
Todd Strumpfer
The age of the building does not matter. What matters is how long the current owner has owned the building. Depreciation starts over with a change of ownership. Additionally, we can do Cost Segregation even if you've owned the building many years. Let me know and we can run a free estimate of income tax benefit for you.
Leave a Comment 354 weeks ago

 

View/Select our Current List of Tax Topics

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Previous PageNext Page

Contact Us Today