Cost Segregation benefits fast-food restaurant for local franchisee.
An example of qualifying assets would include secondary/back-up electrical, lighting and plumbing systems, grease traps, cabinetry, finish carpentry and trim, exhaust fans, fire suppression systems, security systems, walk-in cooler/freezer, exterior lighting, landscaping, parking lot, curbs, sidewalks, fencing, site drainage, collection basin, trash collection area, and much more. These assets fall under IRC Sec. 1245 for tangible personal property or land improvements, and some under Sec. 1250 for specific land improvements.