Cost Segregation Study
If you’re feeling stuck paying high taxes on your Dallas commercial property, there’s a solution. As a business owner, you work hard for your money. But a large chunk of it can disappear to taxes, especially if you own commercial real estate.
The standard 39-year depreciation schedule for buildings might feel like an anchor on your cash flow. That’s where Haynie’s cost segregation CPAs come into play, leveraging their expertise to help you reduce your tax burden. Contact us at (214) 296-0900 to learn more about cost segregation studies and schedule your free consultation today.
Top-Rated Dallas CPA Firm & Accounting Services for Businesses & Individuals
Our firm provides a broad range of accounting services, including:
Whether you’re searching for a small business CPA in Dallas or need accounting services near Irving, TX, our certified public accountants are ready to help. To learn more about Haynie & Company and the accounting services we offer, visit our FAQ page, or contact our Dallas office by phone, (214) 296-0900 or via our contact form.
What Is a Cost Segregation Study?
A cost segregation study, also known as a cost segregation analysis, can best be thought of as a tax optimization strategy for your commercial property. Our team will identify components of your property that qualify to be depreciated over shorter time frames of 5, 7, or 15 years. These components also qualify for bonus depreciation, which currently allows 100% of the cost to be immediately depreciated in the year the property is placed in service, further increasing your savings. Imagine significantly increasing your annual deductions instead of being stuck with a slow 39-year write-off.
But let’s discuss specifics that translate into significant financial savings. Say you own a one-million-dollar office building in Dallas. With standard depreciation, you’d deduct around $26,000 per year. However, a cost segregation study could unlock substantial deductions in the first year, deductions your CPA can estimate based on your specific property. That’s real money you can reinvest in your business, hire new employees, boost your bottom line, or whatever you see fit.
Why Choose Dallas-Specialized Cost Segregation Expertise?
Haynie recognizes the unique challenges you face as a commercial property owner. Our national presence, including recognition from Top Workplaces USA and Accounting Today’s Regional Leaders and Top 100 Firms lists, reflects decades of experience. What sets us apart for Dallas property owners is our local expertise.
Because cost segregation requires an engineer’s eye to identify building components eligible for faster depreciation, our team brings the specialized knowledge and experience to deliver thorough, comprehensive cost segregation studies.
We leverage a powerful network of local agencies, consultants, and regulatory bodies to help make sure your study is well-documented and prepared to hold up to IRS review. Haynie also offers retroactive cost segregation studies. This means we can help you unlock tax savings on your existing Dallas properties, putting more money back in your pocket.
Contact Haynie for a Boost in Tax Savings
Contact Haynie today at (214) 296-0900 for a free consultation and to learn how a cost segregation study can enhance your cash flow.
