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DIY Cost Segregation

DIY cost segregation in its purest form would be you or your tax<br>preparer generating a guesstimate of the short life property<br>found in your asset. <br>

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DIY Cost Segregation

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  1. DIY COST SEGREGATION O’connor - Tax Reduction Expert www.diycostsegregation.com

  2. DIY Cost Segregation DIY cost segregation in its purest form would be you or your tax preparer generating a guesstimate of the short life property found in your asset. 01 It is legal providing you do not materially overstate the amount of depreciation. 02 Cost Segregation requires assigning the “proper recovery period” to each asset. 03 To do a credible job, you need to know which assets are 5, 7, 15, 27.5 and 39 year and how to value them. 04

  3. The IRS Position On Cost Segregation "To calculate depreciation for Federal income tax purposes, taxpayers must use the correct method and proper recovery period for each asset…”

  4. O'Connor's DIY Team Approach Your team provide video and pictures of the building (if possible) 01 We discuss relevant issues with on-site staff and/or building management 02 Your team provides basic information such as year built, year acquired, renovations, etc. 03

  5. There are two steps in cost segregation: Identifying and measuring the quantity and quality of various types of recovery periods (“depreciation lives” in English) and The Cost Segregation Report Valuing the components. The balance is simply reporting. We believe our limited service report (no site visit) is the ideal option when seeking a leaner fee. It is a credible method and generates credible and reliable results with relevant documentation.

  6. O’connor’s Diy Process Is A Win-win You get virtually all eligible additional depreciation: Prepared in a credible manner, With a credible result and Documented appropriately.

  7. Find Out If Diy Or Full Cost Segregation Makes Sense For You? www.diycostsegregation.com

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