Look to Your Real Estate to Increase Revenue

Property you own or lease can unlock cost savings that directly affect your bottom line using the strategies below.

Property Tax Appeal

Constant monitoring of your property's value to ensure low taxes is a must in today's market.  Companies of all sizes should be reviewing the value of the real estate they occupy as it relates to how much they pay in property taxes and negotiate changes accordingly. This important whether you own or lease the real estate because it can have a serious impact on your bottom line for years into the future.  A property tax appeal will make certain that you are paying the lowest amount of taxes possible for both real property, and personal property when applicable.

Competent Appeal Agents will:
  • Work on a Contingency based fee.
  • Only charge fees based on the first years savings.
  • Review values on an annual basis for you.
  • Understand the assessment system and how assessors value property.
  • Review and correct personal property values.
  • File personal property statements for you annually.
  • Act on your behalf at any meetings with taxing authorities, and municipalities.
  • Have competent attorneys to take the appeal to court if necessary.

Cost Segregation Study

Cost Segregation (Cost Seg) is a tool used by companies and individuals that have purchased, constructed or remodeled any kind of real estate improvement. Performing a Cost Seg will re-assign parts of the real property to personal property, which allows their depreciation to be accelerated. A Cost Seg can have a significant impact on your bottom line by reducing your income taxes over multiple years, and may possibly be able to reduce your property taxes in some states. A Cost Seg can also be performed if you are easing the property and are responsible for the build out. 

Quality Cost Segregation Teams will have:
  • Tax Expertise
  • Engineering Expertise
  • Construction Specialists
  • Thorough knowledge of government requirements.
  • Detailed processes for performing the study.
  • No fee for preliminary analysis and savings estimate.
  • Ability to perform a Fixed Asset Study.