Mastering the Art of Accelerating & Expensing Depreciation
Course Description
Prepare for a comprehensive exploration of the world of cost segregation and gain valuable insights to demystify the application of Tangible Property Regulations, resulting in significant reductions in your client's taxable income.
Unlock the artistry behind these regulations to maximize their advantages. We will dissect the most prevalent depreciation and expensing opportunities for clients who own and develop commercial real estate and short-term rentals.
Whether it's Commercial Buildings, Apartment Complexes, Long-Term or Short Term Rentals, Disposition of Materials, or Interior Renovations, each presents unique opportunities, provided you have a foundational grasp of the regulations and access to the requisite cost data.
Rather than drowning in the complexities of regulations, we will utilize real-world scenarios encountered by building and short-term rental owners to assist you in crafting a strategy for expensing and accelerating depreciation, including leveraging Bonus Depreciation.
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Learning Objectives
By the end of this lesson, attendees will be able to discuss advanced depreciation and expensing strategies related to cost segregation including:
• Common scenarios for expensing and accelerating depreciation using the Tangible Property Regulations and Cost Segregation
• Advantages of Short-Term Rentals
• When to use Bonus Depreciation vs Section 179
• Renovation Depreciation -- When to use Partial Asset Disposition (PAD) and Qualified Improvement Property (QIP)
• Grouping Opportunities
Your clients who own buildings may be eligible for substantial deductions. Grasp the implications in these real-life scenarios to deepen your understanding of strategies and gain a competitive edge, ultimately affording your clients the deductions and cash flow they rightly deserve.
Presented By:
Tax and Retirement Specialists
Registration Instructions
An integral aspect of our sessions is addressing your specific queries to empower you in confidently applying these regulations to meet your client's precise requirements.
Hundreds of Tax Professionals have consistently rated CSSI's team of presenters and content as excellent. We cordially invite you to join us for an engaging 1.5- hour discussion filled with strategic insights and ample time for addressing your inquiries. CPE credits are available for CPAs through our NASBA certified provider.
You must register for and attend the entire session to receive CPE credit. • A course evaluation must be completed to receive CPE credit. • Group attendance will not be recognized. Each attendee must be logged in individually to receive credit.