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New Hire Boot Camp

Description:
Cost Segregation is a tool that has been used for years to assist in the acceleration of depreciation for commercial real estate. This course will present an overview of cost segregation and the depreciation of real estate assets, exploring what factors make a property a good candidate for a cost segregation study. We will discuss how cost segregation is a crucial vehicle for capturing tax savings using legislation old and new, touching on the Tangible Property Regulations, the Tax Cuts and Jobs Act, and the CARES Act. Multiple case studies will be reviewed to demonstrate the utility of cost segregation. This discussion is designed for tax, accounting, and other professionals serving the real estate markets who are looking for a better understanding of cost segregation.


Learning Objectives:
• Understand cost segregation and what assets may qualify
• Highlight property types and client scenarios most likely to benefit from cost segregation.
• Learn how cost segregation is an important tool for use in complying with the TPRs and taking advantage of legislation including TCJA and CARES Act.
• Hands-on learning through a discussion of typical case studies

Course Outline:
• Overview of Cost Segregation
• Review of Qualifying assets
• Cost Segregation and Recent Developments
--- TCJA
--- CARES Act
• Case Studies
• Cost Segregation as Part of a Comprehensive Tax Strategy

Recommended CPE: 1 Credit
Program Level: Beginner/Intermediate
Prerequisites: General background in accounting and depreciation
Advanced Preparation: None
Field of Study: Taxes

May 31, 2023 12:00 PM in Eastern Time (US and Canada)