Article Date:
August 2007


Word Count:
171

 

 

Equipment Found in a Real Property Building


Cost segregation is hot not only with tax advisors and taxpayers, but with the IRS, too. The reason is simple: the building you see is not the building you depreciate.

 

The IRS Web site contains relevant court cases to help IRS examiners decide whether assets are equipment or buildings.1 They need the guide because cost segregation takes the building you think you see and breaks it into smaller components, including equipment and building.

 

For ideas about parts of a building that ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee