Scarpello Consulting

Launched in 2001, Scarpello Consulting provides Cost Segregation and Fixed Asset consulting services nationwide to help clients maximize their depreciation allowances while minimizing audit risk. Cost Segregation studies are a powerful tax strategy that virtually every taxpayer who owns, is constructing, renovating or acquiring real estate can use. For example, an entire building would generally be classified with a straight-line depreciation cycle of either 39 years for commercial and industrial property or 27.5 years for residential-rental property. By applying a cost segregation study, you can maximize your inherent tax benefits by identifying, classifying, and segregating the personal property components of the building. This results in accelerated depreciable lives of 5, 7 and 15 years, thus saving thousands of tax dollars. When partnering with Scarpello, you have access a team with extensive tax, estimating, engineering and construction experience. This allows us to identify and quantify personal property items accurate and in accordance with IRS regulations. We can realize significant tax savings across many industries including retail, manufacturing, medical, office, restaurants, senior living and multifamily buildings. All properties that have been constructed, purchased or renovated since 1987 qualify for this tax benefit. To determine if a cost segregation study is appropriate the following, you will need to say yes to these: Is the cost of your building at least $750,000? Have you purchased, constructed or renovated any property since 1987? Do you plan on retaining your property for the next few years? Do you have net income that is being taxed? As a nationwide firm, we have five locations including Los Angeles, California, Omaha, Nebraska, Overland Park, Kansas, Orlando, Florida and New York City, New York. Additional information is available at www.ScarpelloConsulting.com. You can also download white papers and other resources from our website.