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           The Cost Segregation Specialist

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​FREE TANGIBLE PROPERTY REGULATIONS INFORMATION

New IRS Repair Regulations have been established regarding which property items can be expensed and which should be capitalized.  These regulations are applicable to all industries that either acquire, produce, replace or improve tangible property in one way or another.  Commonly referred to as a 263(a) Repair and Maintenance Review, the change in the way real property is treated can mean potential cost savings for the building owner.  The determining factor for expensing versus capitalizing of an asset is now found in the reasoning associated for the repair costs rather than the amount spent to actually make the necessary repair.  Another change with this regulation is the definition of what constitutes a Unit of Property.


If your company is capital-intensive and invests at least $500,000 on routine and incidental repairs and maintenance, you may be a good candidate. Usually, the industries that can benefit the most from these regulations include banks, retail, manufacturing, and warehouses.  















Please contact TCSS for assistance with idenifying and claiming your missed deductions.  Our process includes:


  • Review of items that are currently being capitalized that should have been expensed
  • Recommend which types of assets should be immdiately expensed
  • Recommend changes to the current capitalization policy to increase future deduction
  • Evaluate compliance with the tangible asset regulations



Please fill out the following form to receive  complimentary, no obligation information on a Tangible Property Regulations Study.

​TANGIBLE PROPERTY REGULATIONS