Professional property managers, CPM and members of IREM (Institute of Real Estate Management) should be aware of and “recommending” COST SEGREGATION to their owners.
WHY: because in these tough economic times, cash is KING and cost segregation is all about keeping cash in the pockets of owners. And we are talking HUNDREDS OF THOUSANDS of dollars. Money that can be used to maintain or sustain existing properties…or possibly money to acquire NEW properties. And of course a new property is an additional revenue stream.
SKEPTICAL? Dont be – Cost Segregation has been on the books since 1997 and is a IRS sanctioned and viable tax strategy that every commercial property owners should investigate.
WHY NOT be the one to suggest it to your clients…ALL OF THEM!!