Practical Guide to Cost Segregation, 2nd Edition

Part One: Introduction and Opportunities

1. Introduction

What Is A Cost Segregation Study (CSS)

How Does A CSS Benefit Your Client

Average Value Misclassified On Various Building Types

The Interactive Calculator -- The Benefits Of A CSS Quantified

2. Opportunities

What Types Of Clients Will Benefit

Prospecting Within And Outside Your Client Base

Powerpoint Sales Presentation

Cold-Call Letters Sample

Pricing The Engagement

3. Working with the Client

Expertise Required In Conducting A CSS

Initial List Of Items To Be Prepared By The Client

Managing Client Expectations (Time Frame For Completion, Cost, Benefit, Client Commitment)

Sample Client Engagement Letters

Part Two: Performing the CSS

1. Property Components (spreadsheet)

Rules Used To Categorize Components

Cost Segregation Case Law And IRS Revenue Rulings

ITC

Hospital Corp Of America

Other Major Cases (E.G., Morrison, Metro, Whiteco)

IRS Field Directives And Revenue Rulings

2. Depreciation

MACRS Property Classes

Personal Property And Land Improvements Tests

Bonus Depreciation And Section 179 Expense Advantages

Depreciation Recapture Of Personal Property

AMT Risks Of Personal Property Classification