In general, a facility may qualify for a cost segregation study if:
- The facility has a depreciable basis of at least $1,000,000 or leasehold improvements of greater than $300,000
- The facility or improvements have been placed in service any time since 1987
A cost segregation study may be performed for:
- New construction
- Purchased properties
- Ground-up, remodel, or expansion
- Leasehold improvements (paid by tenant or landlord)