Tax: Cost Segregation Studies
Our team is highly qualified to identify opportunities for federal and state tax advantages for owners of commercial, industrial, and rental real estate.

A cost segregation study should be considered if you are:

  • Constructing a new building
  •  Purchasing an existing building
  • Undergoing a renovation or expansion
  • Constructing leasehold improvements
  • You acquired or constructed a building after 1986 and might benefit from correcting errors in depreciable lives effecting prior years.

Taxpayers are typically correct in depreciating personal property such as equipment and furniture over five or seven years, but they often neglect available federal and state tax benefits by erroneously depreciating their entire investment in constructing or acquiring a building over 39 years. Performance of a cost segregation study will reduce federal and state income taxes in the early years of a building’s life by accelerating tax depreciation deductions, resulting in increased current cash flow. As part of the cost segregation process, we identify the net present value of the increased cash flow over the life of the facility to ensure there will be a cost benefit to the client.  Our conclusions are based on sound tax principles and are supported by IRS regulations, rulings and case law.

For more information contact:


Anthony G. Sandonato
Anthony Sandonato

Rochester Contact

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Steve Eckler
Steve Eckler

Elmira Contact

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