Here is some info on Cost Segregation and tax savings for your clients that own commercial buildings, for possible future reference. Info from Mark Walsh, Cost Seg Service Advisor.
Cost Segregation, as you may know, creates significant tax benefits by accelerating depreciation on a commercial building. Most building owners will see around 6-10% of the building cost and/or renovation costs coming back to them through a reduction in taxes, and many are not even aware of it. For example, a $1 million building cost will usually create $60-$80K in extra cash flow through this tax reduction. We always do a free analysis so that the building owner can review the numbers with their partners and CPAs. I would be glad to send you a more detailed overview that can be saved and shared - we can also set up a revenue share for referrals.
If you have clients who could benefit from the 179D Energy Efficient Commercial Building Tax Deductions, I can provide info on this as well.
Thanks
Mark, 507-951-5360 cell.