Depreciating Commercial Real Estate The Smart Way

Cost Segregation in a Post-Tax Reform Environment

Do you own commercial real estate? Are you looking for smart ways to capitalize everything and claim 100% bonus? Consider Cost Segregation.

A Cost Segregation Study is a detailed analysis of a structure/building that reclassifies or segregates its real estate components and improvements to differentiate between real and personal property.

Joel Grushkin, a cost segregation expert, helps clients accelerate commercial real estate depreciation periods. Join him on Wednesday, December 7th at 11:00 am CST to learn about Cost Segregation.

What Properties are Best for Cost Segregation?
- Properties > $700K in building basis or $300K TI’s
- Owned by individuals or for-profit entities paying taxes
- New or existing buildings
- All types of commercial properties
- Apartment buildings
- Special use structures (medical buildings, franchise operations, and car washes)

Meet Joel Grushkin

Joel brings forty-plus years of executive experience to the CSI organization. His background includes eleven years with Arthur Young & Company (now Ernst & Young) as a Principal and director of the firm’s Management Services Practice. He was also a member of AY’s, National Real Estate Industry Specialty Practice Group.

His cost segregation experience has encompassed studies for developers and owners of commercial real estate, including but not limited to office buildings, shopping centers, manufacturing and distribution centers, specialty medical facilities, automotive dealerships, hotels, restaurants, financial institutions, multi-family residential, and senior living.

Previously Joel was a founding shareholder and Chairman of the Private Equity/Venture Capital Practice Group of DHR International, the nation’s fifth-largest retained executive search firm.

Joel was also Chief Operating Officer of a national consulting firm specializing in the start-up and ongoing consultation to financial institutions, real estate developers, the FHLBB, and FSLIC in the areas of economic feasibility, capital formation, governance, mergers and acquisitions, business and regulatory affairs. In addition to his consulting experience, Joel held positions of CEO, COO, and CFO at either the holding company or operating company levels in conglomerates with holdings in real estate development, home building, financial services, mortgage banking, retail/entertainment, and automotive.

Sign up to learn more about Cost Segregation and Depreciating Commercial Real Estate The Smart Way on Wednesday, December 7th!

We Look Forward to Seeing You on Wednesday, December 7th at 11:00 am CST!