Business Interest Expense Limitation for Motor Vehicle Dealers
A white paper was previously issued about the TCJA Provisions as it pertained to motor vehicle dealerships and their business interest expense limitations. You can read that HERE .

On September 13, 2019, the IRS issued new proposed regulations ( REG-106808-19 ) that provide guidance on the eligibility of motor vehicle dealers with business interest expense to claim bonus depreciation on their otherwise qualifying property. 

A new white paper has been written and you can read more HERE.

The fourth quarter is the time to
schedule a cost segregation study
so it will be complete for year end planning

Have you or your client:
  • Constructed a new facility
  • Acquired an existing facility
  • Renovated or expanded a building or property
  • Begun the process of, or have future plans to renovate or expand a building or property
  • Built or purchased buildings or facilities in the past 18 months and have not performed a Cost Segregation Study
How it works:
Remember, building depreciation is generally 
classified as a straight-line 39-year cycle for commercial and industrial property or 27.5 years for residential rental property.

With a Cost Segregation Study we identify, classify, and segregate personal property of the building - thus accelerating depreciable lives for some components to 5, 7, or 15 years. This results in tax savings of thousands of dollars.

Most buildings constructed, purchased or renovated since 1987 can qualify for a study.
Call us today to schedule a
no-obligation initial analysis
About Scarpello Consulting
Launched in 2001, Scarpello Consulting provides cost segregation services that allow clients to maximize their depreciation deductions while minimizing audit risk. The firm has multiple offices including Omaha, Nebraska; Overland Park, Kansas; Sarasota, Florida; and Denver, Colorado.