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The Practice of Cost Segregation Analysis

The Practice of Cost Segregation Analysis
Author: Bruce A. Desrosiers, CPA, MST
Publisher: RSMeans
Total Pages: 0
Release: 2004-01-07
Genre: Technology & Engineering
ISBN: 9780876297445

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This expert guide walks you through the practice of cost segregation analysis, which enables property owners to defer taxes and benefit from “accelerated cost recovery” through depreciation deductions on assets that are properly identified and classified. A relatively new practice that evolved from various court decisions and Internal Revenue Service rulings, cost segregation can be applied to new buildings under construction, renovations of existing buildings, leasehold improvements, and purchased real estate – going back as far as 1987. Cost segregation practice requires knowledge of both tax law and the construction process. In this book, the authors share their expertise in these areas with tax and accounting professionals, cost segregation consultants, facility owners, architects and general contractors – providing guidance on major aspects of a professional, defensible cost segregation study, including: The legal framework for cost segregation, as defined by the IRS, tax courts, and federal agencies Review of key IRS cases, court rulings, and revenue procedures Classification and depreciation methods Understanding construction plans and specifications Professional takeoff and cost estimating procedures Optimizing cost segregation in new construction – from design choices to proper project documentation With a glossary of terms, sample cost segregation estimates for various building types, key information resources, and updates via a dedicated website, The Practice of Cost Segregation Analysis is a must-have resource.


Practical Guide to Cost Segregation

Practical Guide to Cost Segregation
Author: Paul G DiNardo
Publisher: CCH Incorporated
Total Pages: 400
Release: 2006-08-01
Genre: Business & Economics
ISBN: 9780808015468

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Explains how a cost segragetion is performed but also outlines the steps needed to practice in this discipline and how to integrate and expand the sound practice of the firm taking it on. Comprehensive discussion is supported by illustration examples.


Practical Guide to Cost Segregation

Practical Guide to Cost Segregation
Author: Paul G. DiNardo
Publisher: CCH
Total Pages: 510
Release: 2008
Genre: Business & Economics
ISBN: 9780808019008

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Practical Guide to Cost Segregation

Practical Guide to Cost Segregation
Author: Paul G. DiNardo
Publisher: Cch Incorporated
Total Pages: 509
Release: 2010
Genre: Business & Economics
ISBN: 9780808024538

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Cost segregation studies are specific engagements conducted by tax experts to maximize the tax benefit of real estate ownership by identifying, segregating and classifying a building's components to asset categories with the shortest possible life to create significant tax deductions sooner for federal and state income tax purposes.


Estimating Building Costs for the Residential and Light Commercial Construction Professional

Estimating Building Costs for the Residential and Light Commercial Construction Professional
Author: Wayne J. Del Pico
Publisher: John Wiley & Sons
Total Pages: 690
Release: 2023-08-08
Genre: Technology & Engineering
ISBN: 1394150156

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Estimating Building Costs Few aspects of a construction project are more fundamental than the cost estimate, which can mean the difference between a professionally executed project and a financial and legal disaster. Properly handled, a construction cost estimate can protect both the contractor and the client from losing money on a project. The estimate is the first step toward a successful project. For contractors, therefore, the knowledge required to construct an accurate price estimate is critical. Estimating Building Costs for the Residential and Light Commercial Construction Professional provides this knowledge in a thorough and comprehensive guide. It takes readers step-by-step through the process of constructing a cost estimate, and provides guidance for incorporating cost estimates into budgeting, scheduling, project management, and more. The result is a fundamental guide to this critical aspect of the construction industry. Readers of the third edition of Estimating Building Costs for the Residential and Light Commercial Construction Professional will also find: Fully updated text to reflect the new CSI MASTERFORMATTM 2020 Analysis of cost considerations, quantity takeoff, pricing, and more Step-by-step guidance for developing a comprehensive cost estimate All-new sections covering scope of work, wage scales in the US, and a project overhead checklist Considerations for adding profit and contingencies to an estimate Estimating Building Costs for the Residential and Light Commercial Construction Professional is an essential resource for contractors in residential and light commercial construction, as well as students studying construction management and construction estimating.


Electrical Estimating Methods

Electrical Estimating Methods
Author: Wayne J. Del Pico
Publisher: John Wiley & Sons
Total Pages: 295
Release: 2014-10-22
Genre: Technology & Engineering
ISBN: 1118766849

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Simplify the estimating process with the latest data, materials, and practices Electrical Estimating Methods, Fourth Edition is a comprehensive guide to estimating electrical costs, with data provided by leading construction database RS Means. The book covers the materials and processes encountered by the modern contractor, and provides all the information professionals need to make the most precise estimate. The fourth edition has been updated to reflect the changing materials, techniques, and practices in the field, and provides the most recent Means cost data available. The complexity of electrical systems can make accurate estimation difficult, but this guide contains all the necessary information in one place. An electrical estimate represents the total cost for materials, labor, overhead and profit, but accuracy is virtually impossible without a basic knowledge of the field, and real-world experience in the type of work required. Inaccurate estimates lead to problems with customer satisfaction, which often create payment issues. A thorough, complete, and accurate estimate is in the best interest of all parties involved in the work. Electrical Estimating Methods provides more than just data. Detailed discussions about the work itself help highlight factors that may escape notice, and access to the latest cost data helps tie everything together. Features include: Discussion of current equipment, materials, and processes Means data for both residential and commercial projects Case studies that illustrate best practices Online access to the latest Means data for fast access on the job The book discusses specific situations as well as general practices, and provides comprehensive guidance to the creation of a true, current, estimation of costs. For electrical contractors and estimators, Electrical Estimating Methods contains must-have content that simplifies the estimating process.


Project Control

Project Control
Author: Wayne J. Del Pico
Publisher: John Wiley & Sons
Total Pages: 242
Release: 2013-08-21
Genre: Architecture
ISBN: 111842106X

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The key to successful project control is the fusing of cost to schedule whereby the management of one helps to manage the other. Project Control: Integrating Cost and Schedule in Construction explores the reasons behind and the methodologies for proper planning, monitoring, and controlling both project costs and schedule. Filling a current void the topic of project control applied to the construction industry, it is essential reading for students and professionals alike.


Contemporary Tax Practice

Contemporary Tax Practice
Author: John O. Everett
Publisher: CCH
Total Pages: 704
Release: 2008
Genre: Business & Economics
ISBN: 9780808018650

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Contemporary Tax Practice: Research, Planning and Strategies will change the way you teach your tax research course, and the way future professionals learn how to perform tax research. This all new text provides a solid foundation of tax research skills by teaching the nuances of conducting tax research in today's environment. The book then provides exposure to frequently encountered tax planning topics and strategies, better preparing users for their future in tax practice.


Ethics in Real Estate

Ethics in Real Estate
Author: Stephen E. Roulac
Publisher: Springer Science & Business Media
Total Pages: 330
Release: 2013-04-17
Genre: Business & Economics
ISBN: 1475729952

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ethics." Certainly our industry is bound by the formal constraints of law in national, state, and local jurisdictions. What this volume reminds us, however, is that those laws are only as good as the personal "sea of ethics" in which each of us operates. THE ETHICS OF PROPERTY INVOLVEMENTS Stephen E. Roulac The Roulac Group San Rafael, California and Visiting Professor University of Ulster Ethical considerations are a dominant theme in the management literature. As "Ethics and ethical issues surround our liver, ... ethics has become one of the most rapidly growing areas of management research, with over 800 articles and 1,400 books appearing since 1990" (Schminke, Ambrose, and Miles, 1998). Compared to business and business management,however, the research and writing on real estate in an ethics context is in the very early stages of development. The lack of a developed literature on ethics in real estate is reflected in the response by one highly placed executive to my solicitation for funding to support the publication of this volume: "I didn't know there were any ethics in real estate!" Fortunately, the Summa Corporation and the Amer ican Real Estate Society believe in the importance of ethics in real estate, for their cosponsorship has made possible this special monograph on the subject of Ethics in Real Estate. The support of the Summa Corporation and the American Real Estate Society of this pioneering volume is warmly and appreciatively acknowledged.