Cost Segregation

Herbein + Company has performed cost segregation studies for a vast array of businesses, and can provide you with a wealth of information and potential tax savings.

Cost segregation is the practice of identifying assets and their costs, and classifying them for federal tax purposes. Herbein’s specialists work to provide you with opportunities to defer taxes, reduce overall current tax burden, and improve your current cash flow. Cost segregation studies can result in accelerated depreciation deductions for properties including new buildings being constructed, renovations of existing buildings, leasehold improvements, and the purchase of real estate.

Owners of residential rental property and other types of buildings purchased or constructed after 1986 may be eligible for a very important tax break approved by the IRS. The tax savings can be very substantial and realized immediately.

Each cost segregation study is treated differently; our team is focused on learning about you and your engagement to help you achieve the maximum tax benefit allowable by the IRS.

Potential Added Benefit
Simply re-categorizing building components through a Cost Segregation Study pays for itself and provides a sizable return on investment. Other advantages can include Property Tax Relief and Sales/Use Tax Benefits.