Cost Segregation Studies


COST SEGREGATION DATA REQUIREMENTS FOR ACQUISITIONS OR ESTATE STEP-UP


• A copy or access to any available construction drawings, site plans, and survey

• Access to any appraisals and due diligence analyses of the property

• The original depreciable basis in the real property as of the date of acquisition or closing statement if basis not yet determined

• If related to estate tax step-up date of estate valuation

• The date of acquisition of the facility

• The property address, as well as the name of a contact and phone number

• Legal entity name of owner




COST SEGREGATION DATA REQUIREMENTS FOR NEW CONSTRUCTION


• A complete set of full-size current construction drawings (If done in phases include a scope of work description for each phase)

• The final capitalized cost, supported by the following documentation:

• An American Institute of Architects (AIA) payment application or a similar substitute that supports the General Contractor’s final application for payment, including detail line item backup;

• A list of all change orders and detail which describes the items changed and the cost associated with each item;

• A list of all indirects that were paid to others not included in the General Contractor’s application for payment (such as architectural fees, surveying and engineering fees, legal fees and similar items);

• A list of amounts that were paid directly to private vendors or subcontractors outside of the general contract. Note any special considerations (such as consultants’ fees directly associated with specific purchases);

• Construction period financing costs, if applicable

• A line item summary of the above costs, showing contractor cost, change orders, indirect costs, and amounts paid to third parties.

• The “placed in service date” for the facility

• The property address, as well as the name of a contact and phone number

• Legal entity name of owner



6381 Trietsch Road - Sanger, TX 76266 - 940-458-2860


Cost Segregation Studies







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