Waide and Associates is an experienced cost segregation company based in Dallas Texas that works with real estate owners and their CPAs. Our cost segregation studies reduce current income tax liability and increase cash flow for the real estate owner.
Cost segregation is a tax and engineering analysis of any commercial real estate property including leasehold improvements. It is designed to accelerate the tax deductions for depreciation by reclassifying assets to shorter recovery periods.
Items that are affixed to a building that do not relate to the overall operation and maintenance of the building qualify for shorter depreciation periods.
This results in accelerated depreciation deductions, reduced tax liabilities, and increased cash flow especially in the first three years.
The IRS details 13 principal elements in their published guidelines for Cost Segregation Audit Technique Guide- Chapter 4 - Principal Elements of a Quality Cost Segregation Study and Report. Waide & Associates meets the IRS guidelines in all elements.
Chad Waide, the firm's principal, has completed over 1000 cost segregation studies with his firm and participated in many more studies in cost segregation since 1991.
As senior manager, he is involved in all phases of the process.
Based in Dallas, Waide and Associates is an experienced cost segregation company that works with real estate owners and their CPAs. Our cost segregation studies reduce current income tax liability and increase cash flow for the real estate owner.