Increase Cash Flow with This Tax Savings Strategy!

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Increase Cash Flow with This Tax Savings Strategy!

Did you know that you can increase your cash flow simply by utilizing accelerated depreciation of your real estate property? By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow. In order to determine if your property is eligible and ensure your assets are assigned to their respective recovery periods, a cost segregation study is needed. This is done using MACRS (Modified Accelerated Cost Recovery System). If you feel like you or your business could benefit from a cost segregation study, first speak with your accountant to see if the tax savings outweigh the potential costs.

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