depreciation

Cost Segregation Studies – Background

Events Leading to the Use of the Cost Segregation Study by Guy P. Reese, MAI and Kevin Cavasos, CMI Component depreciation in various forms was permitted by IRS for measuring depreciation until the establishment of the Modified Accelerated Cost Recovery System (MACRS) by the Tax Reform Act of 1986. Under MACRS, assets are grouped into… Read More

Cost Segregation Studies

Editor’s Note: As a new source of business, supplying Cost Segregation Studies for accountants, really adds up, according to appraisers Guy P. Reese, MAI and Kevin Cavasos, CMI. Learn why below. For more specifics on how these studies are prepared along with background, Cost Segregation Studies: Background. Cost Segregation Studies Why Working with Accountants Adds… Read More

Estimating Physical Deterioration

What I like about writing these articles is the research it takes for accuracy and current terminology. For many years I was taught that accrued depreciation was depreciation from all causes, which consists of physical deterioration, functional obsolescence and external (locational and economic) obsolescence. This term is also used with those who value businesses… Read More