Can a CSS Study apply to buildings not yet constructed?
Yes, a cost segregation study can begin with the construction drawings and be completed when the building is finished and the final tax-basis is determined by your CPA. Doing so will normally reduce your real estate taxes as well as insurance costs. Please consult your tax professional for further information.
Related Questions
- Does the IRS allow a Cost Segregation Study to be performed on buildings that were purchased, constructed or improved prior to this year?
- What is the impact of the new maintenance study on the lighting design profession - and on commercial buildings?
- Can a CSS Study apply to buildings not yet constructed?
