Skip to content
  • There are no suggestions because the search field is empty.

Increase Your Cash Flow
with Cost Segregation

Cost Segregation Studies

Increase Your Cash Flow
with Cost Segregation

Cost Segregation Studies

Don’t wait years for property depreciation. Reduce your tax burden today.


Property owners and real estate investors can utilize this powerful tax strategy to maximize their tax savings.

Cost Segregation Benefits


Expert Analysis

A highly specialized professional with engineering and accounting acumen provides a cost segregation study that complies with building and tax regulations at the state and federal levels

Accelerate Tax Depreciation

Accelerate depreciation expense on your real estate acquisition, renovation or new construction to take advantage of the time value of money - a dollar today is worth more than a dollar in the future.

Increase Cash Flow

By capitalizing on depreciation deductions, real estate owners and investors can use the offset tax liability to immediately reinvest in new opportunities.

How Does Cost Segregation Work?


Residential and commercial buildings typically have a depreciable life of 27.5 or 39 years. However, certain interior and exterior components, such as carpeting, cabinetry, and walkways, depreciate faster than the general structure of the building. By hiring an experienced professional to perform a Cost Segregation Study, you can segregate many building components into separate asset classes with depreciation lives of five, seven, and 15 years, significantly reducing your income tax burden.
Property owners can also utilize depreciation retroactively if they did not complete a study in the year of purchase.

etienne-beauregard-riverin-B0aCvAVSX8E-unsplash

R&D Tax Credit Process Timeline

Each client requires considerable time and effort to get their R&D tax credit claim over the finish line. With client participation, the process usually takes between three and four months.

Line 5

Phase 1
Day 1 - 30

Undergo analysis to identify qualifications and determine if this option makes sense for the client.

Line 5

Phase 2
Day 30 - 60

Verify qualifications, conduct interviews, calculate credits, and prepare documentation.

Line 5

Phase 3
Day 60 - 120

Substantiate the credit and report all applicable documentation.

How it Works


wotc-1

Discover If You Qualify

Initial consultation with our in-house Cost Segregation professional

wotc-2

Expert Cost Segregation Study

Our experienced team will perform an onsite study to evaluate your properties and sort building components into strategic tax asset classes.

wotc-3

Maximize Income Tax Savings

Utilize your accelerated depreciation to significantly reduce your tax burden this year and throughout the life of your property.

What Omega Provides


Omega Accounting Solutions provides expert tax credit services to businesses of all sizes, performing a comprehensive qualification analysis and delivering an accurate, compliant, and IRS-defensible report.

With 15+ years of experience and expertise on federal & state tax incentives, Omega uses a holistic perspective to evaluate your overall tax strategy and find untapped opportunities to maximize your benefits each year. We help small and medium-sized businesses (SMBs) access tax consulting services typically only available to large corporations.

What Our Partners Have to Say

  • “Working with Omega Accounting is a seamless and very rewarding experience for our clients... after a call with Omega’s Team, they ended up getting a huge payout. I highly recommend working with these guys and they are a lot of fun.”
    Steve Gill, Insurance Broker & Omega Partner
  • There are design companies, and then there are user experience, design, consulting, interface design, brilliant, and professional. By far one of the worlds best known brands.
    Jessica Smith
    Flow Agency
  • There are design companies, and then there are user experience, design, consulting, interface design, brilliant, and professional. By far one of the worlds best known brands.
    Jessica Smith
    Flow Agency
  • There are design companies, and then there are user experience, design, consulting, interface design, brilliant, and professional. By far one of the worlds best known brands.
    Jessica Smith
    Flow Agency

Partnerships

Partner Logos Mobile

Discover How Cost Segregation Can Benefit You


Find out how much you could save.
Ready to start saving with Cost Segregation? Fill out the form above to request a free consultation with a Cost Segregation expert.

Find out how much you could save.
Ready to start saving with Cost Segregation? Fill out the form above to request a free consultation with a Cost Segregation expert.