5 Strategies to Control Construction Costs

It is essential to note that commercial rental property generally depreciates over 39 years, while residential rental property consisting of several housing projects depreciates over 27.5 years. Cost segregation studies are used to reclaim the costs of a building. Items that may qualify for accelerated depreciation include construction costs involved in a drainage system, landscaping, parking lot, carpeting, electrical and heating, ventilation and air conditioning systems, etc. Cost segregation studies provide analysis and identification of specific construction work necessary to allocate costs to appropriate categories for depreciation purposes. In this blog, the discussion is on the strategies to control construction cost and how cost seg companies in Jeffersonville assist you in the process.