The modern approach for Cost Segregation
Cost Segregation is a strategic tax planning tool that allows property owners to reclassify building components, significantly increasing cash flow in the early years of ownership through accelerated depreciation deductions.
SPRX simplifies the process by using AI to conduct thorough property analyses that identify all reclassification opportunities, ensuring maximum tax benefits while maintaining full compliance with IRS guidelines.
SPRX simplifies the process by using AI to conduct thorough property analyses that identify all reclassification opportunities, ensuring maximum tax benefits while maintaining full compliance with IRS guidelines.
How SPRX saves you
time and money
1. Upload your files to our platform
Our uploading portal allows you to effortlessly import data via spreadsheets, PDFs, and various other file formats.
Simply upload your files in any format and our system takes care of the rest.
Simply upload your files in any format and our system takes care of the rest.
2. Our AI-powered software processes your documents
Our technology automatically categorizes building elements according to IRS guidelines, ensuring you receive the benefits of shorter recovery periods. This delivers an audit-ready report that maximizes your tax savings while maintaining full compliance.
We will generate a depreciation schedule, take-offs, and asset listings within minutes compared to what traditionally days or weeks
We will generate a depreciation schedule, take-offs, and asset listings within minutes compared to what traditionally days or weeks
3. Receive an audit-ready report
Your cost segregation claim package is ready, fully equipped with detailed calculations and all supporting evidence.
We go a step further by providing audit support and including all the comprehensive reports you need to seamlessly file your taxes, ensuring compliance and peace of mind throughout the process.
We go a step further by providing audit support and including all the comprehensive reports you need to seamlessly file your taxes, ensuring compliance and peace of mind throughout the process.
.png)
Frequently Asked Questions
What is Cost Segregation?
Cost Segregation is a tax strategy that reclassifies building components from real property (depreciated over 39 years) to personal property (depreciated over 5, 7, or 15 years). This accelerated depreciation schedule allows property owners to claim larger tax deductions in the early years of ownership, significantly improving cash flow and reducing tax liability.
Who can claim a Cost Segregation?
Property owners of commercial, industrial, and residential rental properties can claim the benefits of a Cost Segregation study. This includes individuals, partnerships, corporations, and other entities that own qualifying buildings or have made qualifying improvements to their properties.
What types of buildings qualify?
Almost any commercial or investment property can qualify for Cost Segregation, including office buildings, retail spaces, warehouses, manufacturing facilities, medical buildings, apartment complexes, hotels, restaurants, and leasehold improvements. Both new construction and existing properties (including recently purchased buildings) can benefit.
Does SPRX Provide Full Cost Segregation services?
Yes, SPRX provides comprehensive Cost Segregation services. We utilize advanced AI technology to analyze building plans, identify eligible components, and prepare detailed reports that maximize your tax benefits. Our process automates significant portions of the analysis while ensuring full compliance with IRS guidelines. We deliver audit-ready documentation and support you through any IRS inquiries.
As a tech company, does SPRX have tax experts?
Yes! Our tax team has over 40 years of experience with Cost Segregation. We continue to stay current on the updated regulations.
Ready to claim your Cost Segregation?
Join thousands of companies saving time and money with our revolutionary platform.
