ilmscore | Prediction Details
"what you could do is a cost segregation analysis and what this means is somebody's going to walk through this property and they're going to say this is the lifespan of your plumbing this is the lifespan of your flooring this is the lifespan of your walls and other things in the property that way you can qualify for specific depreciation models for different parts of the building that way you can accelerate your depreciation"
By Minority Mindset | September 27, 2024 | Pending
From video
7 Tax Loopholes Only Rich People Understand 00:06:53 - 00:07:11
Interpreted Prediction
A cost segregation analysis can accelerate depreciation by assigning shorter lifespans to components like plumbing and flooring, allowing for larger deductions in earlier years.

Prediction Details

Topic
Cost Segregation Analysis for Accelerated Depreciation

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