Since teaming up with Paragon International (back in May 2009), I’ve learned so much about Cost Segregation studies (how they are done the right way) and how so many misclassify real property and just by legally reclassifying fixed assets, it can greatly impact depreciation schedules — for the good — producing much more cash flow! I’ve been performing and offering many facade’s of fixed asset management over the last 10 years of my life… depreciating an asset over, say, 5 to 7 years on a double declining method is FAR better then depreciating it over 39 years on a straight-line.
Since Paragon International has been in business (going on their 25th year – helllooooo) they have valued, inventoried and studied over $300 billion fixed assets worldwide across all industries and sizes of companies. That is truly incredible! More wonderful facts and tips about fixed assets to come.