This blog explains the role and importance of cost segregation in the successful running of a business. There are a number of factors that are responsible for the successful running of a business. Cost segregation is one such important factor that ensures businesses don't run into unnecessary losses. It also helps in decreasing tax liability and helps in increasing the overall flow of cash of an organization. As a result, business plans can be easily implemented. Real estate businesses and developers especially can benefit a lot by availing of cost segregation techniques. The primary objective of cost segregation is to determine all costs related to the property that can potentially depreciate over a certain period of time. Cost segregation provides immediate as well as long-term benefits to real estate developers looking for construction cost control. Let's dive in.
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