Cost Segregation

Cost segregation is a valuable tax strategy that allows commercial property owners to accelerate depreciation by separating a building into individual components, such as flooring and lighting, which can be depreciated over shorter periods typically 5, 7, or 15 years instead of the standard 39 years. This results in larger deductions early on, improving cash flow and reducing tax liability. At Soulence, we help clients take full advantage of cost segregation to maximize deductions and enhance overall tax efficiency.