A Blog About Tax Savings for Building Owners

Tag: John Murphy Cost Segregation

Cost Segregation Greenville Spartanburg Anderson South Carolina

If you’re looking for cost segregation services or studies in the Upstate of South Carolina, I can help. I’m based in Greenville and work with many building owners in Greenville, Spartanburg and Anderson to help them with their properties. We have saved owners a small fortune on their income taxes.

Our firm conducts an engineering-based cost segregation study that allows you as the owner to maximize the deductions you might have with your building(s) when it comes to depreciation. Reach out if you’d like a free, no-obligation estimate on what your income tax savings might be if you utilize cost segregation. We can do this on properties if they have been newly acquired as well as those that perhaps you’ve held for a number of years. Call me at 864-276-1448. John Murphy, CSSI.

Welcome to Cost Seg Building!

Welcome to my new site! My goal here is to provide education, insight and information about the complicated world of cost segregation. The fact of the matter is, while it is a very complex process for those who do the work to study the buildings, it does not need to be particularly complex for the building owners and investors considering having a study done on their building(s). There are plenty of nuances about this part of the tax code but that’s what I’m here for as well as the team of people I work with along with your CPA and/or tax advisor.

My experience is that it’s probably less than 2% of building owners have applied cost segregation to their buildings. 80-90% of the owners I speak with are not familiar even with the concept. The majority of commercial brokers I speak with have a bit more knowledge of cost segregation but not enough to truly see the value it might provide their clients. Most CPAs don’t seem to utilize cost segregation in part I think because they don’t have a trusted source to get the work done for their clients. My hope here is that with this site, I can reach tens of thousands of building owners, investors, commercial brokers and agents, CPAs and other tax professionals and help them get their questions answered…and get their much deserve tax savings!

Thanks for being here. I’ll try to keep the content fresh and current.

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