Cost Segregation

I just learned something new about the U.S. Tax law and how it relates to building amortization, the term is Cost Segregation and accelerated depreciation under MACRS (Modified Accelerated Cost Recovery System).. You can accelerate your amortization and turn a building into a cash cow a lot sooner. Of course this just defers your tax liability, but if you need to improve cash flow in the short term it is a great option.

IRS info about MACRS

More to come as I learn more.