Boomer Philbrick

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USAMember since 2018

About myself

We work with building owners who are looking for ways to reduce their tax liability and generate cash flow. The new Tax Cuts and Jobs Act is very building owner friendly and the tax savings opportunities are enormous. Cost segregation is the method of reclassifying components and improvements of a commercial building, investment rental or multifamily property from real property to personal property. This engineering-based process allows the assets to be depreciated on a 5-, 7-, or 15-year schedule instead of the traditional 27.5-year or 39 year life of residential investment and commercial property. Your current taxable income will be greatly reduced and your cash flow will increase $70,000 to $100,000 for every $1,000,000 of building cost. This is your money to use now. We also partner with CPA's and tax professionals to help them offer services that up until now only the bigger firms can offer. Most small CPA firms do not understand the details of cost segregation or cannot afford to have an engineer on staff so they choose the traditional 39 or 27.5 straight-line methods. Our only focus is helping you save money and reduce your tax burden.

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RentalsCommercialMobile homes
Active over 3 years ago

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