SeekRacer Classifieds

October 22, 2018
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Oct 20, 2018
Madison, Wisconsin

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Classified 5730758
Are you aware that your company may experience a benefit loss and that it is very imminent?

This is the year to consider cost segregation for your property. I'm not sure if you have been following the tax code changes but I would seriously consider moving on this quickly if I were you.

A cost segregation filed with your 2017 taxes is worth 40% more than one filed next year.

The value of your depreciation as a whole just took a huge hit with this tax change, and this is the last year you're allowed to do a "catch up" and reclaim all that money.

You did those buildings during years where tax rates where at their highest, and depreciated things under the assumption that you'd get those deductions "over time". Now, due to the tax changes you still get some of your money, but it's at 21% instead of 35% (therefore, your overall deduction is worth 40% less next year than it is this year).

We're slammed with new clients because of the news and tax deadlines looming, but I wanted reach out to you. We'd need to get started soon in order to meet your deadline. What are a few times this week we could connect?

Thank You,
Larry G. Potter

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