Anchin university - Continuing Education Opportunities

Understanding Cost Segregation – The Results of HCA v. Commissioner

Overview
An IRS-sanctioned cost segregation study (“Cost Segregation” - the result of HCA v.
Commissioner) can help your real estate clients accelerate income tax depreciation
deductions -- generating potentially significant tax savings.

A cost segregation study carefully breaks down construction or acquisition costs and
allocates them to specific categories - maximizing accelerated depreciation for qualifying
personal property. A shorter depreciation period translates into increased current cash flow.
A study could also be used to provide the basis for their property records system. This
program will provide an overview of how to identify potential opportunities

Program Objectives
Learn how to uncover buried tax savings for clients through:

• Purchases of existing properties
• Post-1986 real estate construction, building acquisitions or improvements where no
  cost segregation study was performed (even though the statute of limitations is closed
  on the property construction/acquisition year)
• New buildings presently under construction
• Existing buildings undergoing renovation, remodeling, restoration or expansion
• Office/facility leasehold improvements and "fit outs"

Who Should Attend?
This program is targeted specifically for attorneys whose practice areas include real estate,
corporate, tax and finance.

CLE Credit
Understanding Cost Segregation Studies for Attorneys is eligible for 1 CLE credit.

This course has been approved in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1 credit hour which can be applied toward the areas of Professional Practice requirement and is approved for both transitional and non transitional credit.