Turning Tax Complexity into Financial Opportunity.

Cost segregation is a strategic tax planning tool that allows property owners to accelerate depreciation deductions, significantly improving cash flow and reducing tax liabilities. This approach breaks down a building’s components into different asset classes, enabling owners to depreciate certain parts faster than the standard 27.5-year (residential) or 39-year (commercial) lifespans. For instance, lighting fixtures, HVAC systems, and plumbing can be reclassified into shorter 5, 7, or 15-year depreciation categories, leading to larger deductions in the early years of ownership. This method, supported by IRS guidelines, helps businesses unlock substantial financial benefits by optimizing tax treatment for their assets.

Virtually any property owner with real estate purchased or constructed in the past 15 years and ongoing tax liabilities can benefit from a cost segregation study. This includes corporations, partnerships, trusts, and individual owners. Properties like car washes, medical offices, and self-storage facilities can see accelerated depreciation rates ranging from 18% to 100%, depending on the asset type. Given the variability in depreciation potential, a detailed cost segregation analysis is essential to capture the maximum tax benefits for each property type. This tailored approach ensures precise reclassification, maximizing tax savings and improving cash flow.

The financial impact of cost segregation can be significant. For example, a property purchased for $1 million may allow owners to accelerate $300,000 to $400,000 in depreciation deductions, potentially qualifying for bonus depreciation as well. With bonus depreciation still available at 40% in 2025 (decreasing to 20% in 2026 and 0% in 2027), this strategy can dramatically reduce taxable income. For property owners classified as real estate professionals or those with material participation, this approach can result in immediate tax savings, maximizing the return on investment. Parkhill has conducted over 30,000 cost segregation studies, saving clients millions in taxes by identifying and documenting these opportunities.

Conducting a comprehensive cost segregation study requires precise documentation and detailed engineering analysis. The IRS accepts several methodologies for these studies, including the detailed cost approach, survey approach, and residual estimation approach. Accurate and thorough documentation is crucial, as it speeds up IRS review and ensures the taxpayer receives their full eligible deductions. At Parkhill, our specialists provide comprehensive reports that integrate seamlessly with existing tax structures, helping clients efficiently navigate the complexities of the tax code and maximize financial returns.

As a commercial real estate investor, managing properties can be complex enough without having to coordinate separate providers for insurance and tax strategies. That’s why we offer Parkhill Insurance Services as an integrated, added benefit to your Cost Segregation study. Now, you can simplify your investment management with both tax savings and comprehensive insurance solutions under one roof.

Parkhill Insurance Services provides custom risk solutions to protect your properties and investments, backed by decades of industry experience. We help you understand the unique risks your operations face and customize strategies to effectively protect your assets, people, and bottom line. With over 45 years in the industry, we deliver the expertise needed to reduce your total cost of risk and optimize your investment returns.

When you choose to partner with us for your Cost Segregation study, you unlock exclusive access to Parkhill Insurance Services. This seamless integration means fewer touchpoints, less administrative hassle, and more time to focus on your core business. You get the best of both worlds—significant tax benefits and tailored insurance protection, all coordinated through a single point of contact.

Your investments deserve the highest level of protection. With Parkhill Insurance Services, you can confidently manage risk while capturing significant tax savings—all through a single, streamlined process. Connect with us today to discover how our integrated approach can enhance your real estate strategy and boost your bottom line.

The R&D tax credit provides a dollar-for-dollar reduction in your tax liability, encouraging innovation and technological advancements. It covers eligible expenses like wages, technical consultants, and consumables, potentially saving businesses thousands annually. At Parkhill, we help you capture every dollar you’re entitled to, ensuring you maximize your financial benefits.

Many companies don’t realize that their day-to-day innovation qualifies for R&D tax credits. Whether you’re developing new software, refining manufacturing processes, or experimenting with cutting-edge designs, Parkhill can guide you through the IRS’s four-part test to determine your eligibility.

No matter your industry, the R&D tax credit is within reach. Parkhill works with companies in diverse sectors like pharmaceuticals, engineering, software development, aerospace, and more. We understand the nuances of each industry, ensuring that you capture every qualifying activity and expense.

From initial consultation to final report delivery, Parkhill’s streamlined process simplifies R&D tax credit claims. We handle documentation, data analysis, and compliance, so you can stay focused on what matters most—innovating and growing your business.

Are you a building owner, designer, or contractor implementing energy-efficient solutions in your commercial properties? You could be eligible for significant tax savings through the 179D Energy Policy Act deduction. Parkhill is here to guide you through the process, ensuring you capture every available benefit.

From whole-building designs to targeted retrofits, Parkhill’s energy tax specialists leverage decades of industry experience to secure the highest possible deductions for your projects. We work closely with you to identify qualifying improvements, from HVAC systems to advanced lighting solutions, ensuring compliance with evolving ASHRAE standards.

The 179D Energy Policy Act offers substantial tax deductions to commercial building owners, architects, and contractors who incorporate energy-saving designs and technologies into their projects. At Parkhill, we help you maximize these savings by providing precise energy certifications, tailored to the latest regulatory updates, including those introduced in the Inflation Reduction Act.

With over 100 years of combined engineering and tax expertise, Parkhill delivers unmatched quality in energy tax certifications. Our multidisciplinary team includes licensed engineers, LEED-accredited professionals, and tax specialists who work together to provide accurate, audit-ready documentation, ensuring you maximize your tax savings with confidence.

Discover how the 45L tax credit can help you save thousands on energy-efficient residential properties. At Parkhill, we specialize in helping developers, builders, and homeowners maximize their tax savings through the 45L program. Get started today with a free 45L analysis to see how much you can save.

To qualify for the 45L credit, properties must meet specific energy efficiency standards. Eligible structures include single-family homes, townhomes, apartment complexes, and manufactured homes. The credit is available to developers, builders, and homeowners who own and have a basis in the property at the time of its construction or substantial renovation. Properties must also meet certification requirements, including ENERGY STAR or Zero Energy Ready Home (ZERH) standards.

The 45L Energy-Efficient Home Tax Credit provides financial incentives for builders, developers, and homeowners to invest in energy-efficient residential properties. Under this program, eligible residential buildings can earn significant tax credits for implementing energy-saving designs and technologies. With recent updates under the Inflation Reduction Act (IRA), the 45L credit has been expanded to include more property types and higher per-unit credits.

Navigating the 45L tax credit can be complex, but Parkhill’s team of certified engineers and tax professionals is here to make the process seamless. We provide comprehensive 45L certifications, detailed documentation, and ongoing support to help you claim the maximum credits for your projects. Contact us today for a free 45L analysis and discover how much you can save.