Cost Segregation is a lucrative opportunity for commercial property owners to recoup a big chunk of their purchase or construction cost by applying an accelerated depreciation schedule to property usually classified as "real" (Section 1250) -but under improved IRS rulings - can be reclassified as "personal property" (Section 1245).

"Cost segregation studies require a skill and understanding of case law that is vested only in specialist. The studies require a significant expenditure of time in preparation...Only those taxpayers with access to the professionals who can prepare a valid study may claim this tax benefit." Ken M. Berry, IRS