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Current Issues in Cost Segregation

Date: Friday, July 27, 2018
Time: 1:00 - 2:40 pm EST

Sponsored by Lorman Education Services


Registration - Live Webinar Only: $219.00

Registration - Live Webinar Plus CD Recording: $288.00

 

Discover the opportunities and legal considerations of cost segregation.

Discover the opportunities and legal considerations of cost segregation. Cost segregation is a powerful tax planning strategy used by real estate owners and tenants to accelerate significant depreciation deductions associated with buildings and improvements of all types and sizes.

Although cost segregation has become quite popular in recent years, many tax advisors and real estate owners are still missing significant opportunities because they are unfamiliar with the many applications.

This topic provides both an introduction to cost segregation, as well as some more advanced planning ideas. A solid understanding of cost segregation and the benefits of applying this strategy will be provided. Enjoy a discussion of various applications for cost segregation, beyond newly constructed and newly acquired properties.

The topic concludes with an overview of what the IRS is looking for in a cost segregation study.

Learning Objectives:

  • You will be able to review qualifying property.
  • You will be able to discuss an overview of cost segregation.
  • You will be able to recognize applications for cost segregation.
  • You will be able to identify recent updates.

This Live Webinar Covers These Hot Issues:

Cost Segregation Overview

  • What Is a Cost Segregation Study?
  • Impact of Accelerating Depreciation
  • Proper Methodologies

Qualifying Property

  • What Constitutes a Building
  • Tests Used for Identifying Qualifying Property
  • Examples of Qualifying Property

Applications for Cost Segregation

  • Life Cycle of Real Estate
  • Using Cost Segregation With New Construction, Acquisition, Redevelopment, Tenant
  • Improvement, Look-Back Studies and More
  • Interplay With the Tangible Property Regulations

Recent Updates

  • Current Stimulus Packages, Ruling or Legislation

Credit Information (Sponsored by Lorman Education Services):

  • CPE
  • AIPB
  • NASBA
  • Enrolled Agents

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.

Instructor Profile:

Malik Javed, CCSP, KBKG

  • Principal and oversees engineering operations for Cost Segregation projects at KBKG
  • Certified member of the American Society of Cost Segregation Professionals (ASCSP) and is currently a member of the ASCSP Technical Standards Committee
  • Since joining KBKG in 2004, he performed hundreds of Cost Segregation studies, regularly reviewed architectural and engineering drawings and construction cost budgets
  • Responsibilities include site inspections of residential, commercial, and manufacturing facilities; has also successfully represented KBKG’s clients in an IRS audit
  • Prior to joining KBKG, he worked as a Resident Engineer in Construction Management at PEPAC; he was responsible for the overall performance and quality of work; including the verification of bills, estimates, and claims, as well as supervising the construction of buildings in accordance with design and specifications
  • M.S. degree in engineering management; B.S. degree in civil engineering, California State University, Northridge

(Not available outside the US)