Welcome to TaxView with Chris Moss CPA Cost Segregation of Structural Components is a tax savings strategy that in my view defies logic, yet nevertheless is a brilliant absolutely legal way to save taxes. What is Cost Segregation of Structural Components you ask? In essence, Cost Segregation separates out costs in a building into structural …
Category: Cost Segregation
Dec 02
Cost Segregation
Cost Segregation is a tax savings strategy that in my view defies logic. The underlying theory supporting Cost Segregation is at best a stretch of the truth, and at worst, an outright deception. Yet the US Tax Court decided in a 116 page July 27, 1997 opinion that Cost Segregation is legal. For those who …