Benefits of a Cost Segregation Study for Multifamily Properties
This article explains that cost segregation analysis is the division of goods based on real property and immobile objects. Cost segregation analysis explains how a property’s distinct components depreciate differently over a period of time. A property’s components can be sorted into four categories that depreciate differently. Those categories include personal property, land improvements, the building, and the land. Property managers can make an incredible impact on the clients they serve simply by gaining a basic understanding of cost segregation. To find out more information on the importance of keeping your properties up to date via cost segregation, click the link!
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