Does my property qualify?
Yes, if you:
1.) purchased, constructed or remodeled property
after January 1, 1986,
2.) anticipate holding the property for at least a few years,
and
3.) pay federal income taxes.
We will do a complimentary feasibility analysis to ensure that the net present value of the deferred taxes justifies a cost segregation study.
If you are subject to passive loss rules (PAL), such as investments in limited partnerships and rental activities, and if losses exceed gains, then the loss is generally suspended and carried forward until passive income is recognized.
