Unit of Property (UoP)

Unit of Property (UoP) designations are provided with every Capstan Cost Segregation Study. UoP aggregates the costs found in a cost segregation study into the Unit of Property designations as outlined in the IRS Tangible Property Regulations. The UoP designations are then used as a guide in performing Materiality tests once an expenditure is deemed not to be a Betterment, Adaptation, or Restoration (BAR).

Unit of Property (UoP) Upgrade

Capstan offers a UoP Upgrade to any Cost Segregation Study previously performed by our team. Adding a UoP Upgrade to a previously performed Cost Segregation Study allows property owners to get the best return on their investment. That’s because UoP designations provide guidance in determining whether future expenditures can be expensed or capitalized.

If a client has a cost segregation report previously produced by a third party, Capstan can upgrade the report as long as the 39-year assets are sufficiently detailed. If additional assets have been placed-in-service since the study was performed, Capstan’s ability to upgrade the report will be evaluated. In such a case, a site revisit and further cost segregation of new assets may be required.

Services for CPAs

In the face of growing tax code complexity, it’s almost impossible to cover every area with in-house resources. For expertise in understanding and applying the myriad of complexities with the Tangible Property regulations and other IRS Code impacting commercial real estate, turn to Capstan Tax Strategies.

Services for Business Owners

Accelerating depreciation has long been a strategy employed by real estate owners to take advantage of immediate tax savings. The Tangible Property Regulations and the recent Tax Cuts and Jobs Act has created significant opportunities that elevate the many uses of Cost Segregation Studies. Learn how Capstan can help.

Stay Focused

You don’t have to be overwhelmed with Tangible Property and other Fixed Asset Regulations. We help you maximize your tax savings so you can focus on the core of your business.

Our Office

Capstan Tax Strategies
200 Dryden Road
Suite 3400
Dresher, PA 19025

Covid-19 Update