Cost Segregation Helps Boost Bottom Line with a Commercial Property Consultants Business Opportunity

PRLog (Press Release) - Aug 01, 2008 -
Commercial Property Consultants (CPC), an industry leader in cost segregation studies, is helping businesses boost their bottom line in an uncertain economic climate, while offering entrepreneurs a recession-resistant business to own (http://www.franchisesolutions.com/franchise/Commercial_P ...). As more companies look to reduce their expenses and trim budgets, cost segregation is emerging as a valuable tool for maximizing assets. Cost segregation is the process of identifying depreciating commercial property assets in order to realize substantial savings in federal income taxes. The practice ultimately improves commercial property holders' bottom line and increases cash flow.

Commercial Property Consultants' experts conduct cost segregation studies that identify the specific depreciating assets held by their clients. By reviewing all costs associated with purchasing, constructing, expanding and maintaining commercial property holdings, they can apply tax regulations to depreciate commercial assets. Instead of the 39-year depreciation rate for commercial property that is classified as real property, certain qualifying property can be reclassified as having a shorter depreciation rate of five, seven or 15 years. Submitting a detailed cost segregation study to the IRS based on their findings can result in quicker write-offs for costs that were previously considered real property.

CPC's business opportunity (http://www.franchisesolutions.com/business_services_fran ...) is affordable for those that want to own their own business and can be run from a home office, making this a low-overhead business to own. Additionally, prospective business owners do not need previous industry experience to own this small business in the booming business services industry.