Cost Segregation Services, Inc - Lubbock/Amarillo/Midland/Odessa

10/16/2026

TURN YOUR PROPERTY INTO A TAX
PLANNING OPPORTUNITY
Have you asked your CPA how a cost segregation study accelerates depreciation, reduces
taxes, and increases cash flow?
AREA REPRESENTATION SERVING THE SOUTH PLAINS, TEXAS PANHANDLE,
PERMIAN BASIN AND THE CONCHO VALLEY
Lubbock
• Amarillo • Midland • Odessa • San Angelo
WHY CONSIDER COST
SEGREGATION?
A cost segregation study identifies building components
that may qualify for shorter depreciation periods rather
than depreciating everything over standard recovery
periods.
Accelerate Depreciation: Accelerate
depreciation, reduce taxes, and increase cash
flow.
Broad Property Eligibility: Applies to new
construction, current-year acquisitions, and
properties purchased or built in prior years
without amending past returns.
Replacement Cost Data: Identifies future
write-offs and asset retirement deductions.
CSSI EXPERIENCE & SUPPORT
WHAT SHOULD YOU DO NEXT?
1. Identify Properties
Commercial, multifamily, rental, properties costing
$150,000.
2. Request a No-Cost Review
Share property type, and approximate building cost
and date of service.
3. Review Expected Results
Review expected results with your CSSI
representative and CPA.
4. Engage the Study
Engage the study and review next steps with your
CSSI representative.
65,000+ studies completed nationwide with trusted engineering methodology.
Zero Audits Triggered: CSSI has never triggered an audit or had a study overturned by the IRS.
Local Representation & On-Site Visits: On-site inspections performed strictly to IRS guidelines.
Audit Defense: No cost unlimited hours as stated by CSSI, along with fixed-fee proposals.
Prior-Year Properties: Can be performed on existing properties built or acquired in prior years with no
amended past returns required.
GET A NO-COST PROPERTY REVIEW
David DeLamar
Senior National Representative, CSSI — Since 2007
10303 Indiana Avenue, Ste 400-146 • Lubbock, Texas 79423
806.773.6382 | [email protected] |
lubbock.costsegregationservices.com
“The operative assumption today is that someone somewhere has a Better Idea. And the operative compulsion is to find that
idea, learn it, and put it into action FAST.”
— Jack Welch, Former CEO of GE
CSSI — Cost Segregation Services, LLC

09/29/2026

CSSI is now accepting projects for 2026 taxes.

Friends don't let friends over pay their taxes.

Contact me for a no cost estimate and I will put my 19 years of experince to work for you with maximum results.

08/28/2026

IRS Regulations All Real Esate Owners Should Be using On A Yealry Basis
TAX SAVINGS OPPORTUNITIES: THREE SAFE HARBORS FOR PROPERTY OWNERS
How the IRS Safe Harbors Can Help Property Owners Deduct More Costs Now
The IRS tangible-property regulations provide several safe harbors that can allow qualifying costs to be deducted currently rather than capitalized and depreciated over many years.
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1. DE MINIMIS SAFE HARBOR ANNUAL ELECTION
PROPERTY BY PROPERTY USE
Small-Dollar Property & Improvements
The De Minimis Safe Harbor allows qualifying taxpayers to expense certain small-dollar purchases that otherwise might have to be capitalized.
Current thresholds:
• $2,500 or less per invoice or item.

The taxpayer generally must have a consistent accounting policy to expense these items and must make the appropriate annual election with the tax return.
Example:
A property owner purchases $2,000 of qualifying equipment or components. If the requirements are met, the cost can be expenses and not capitalized as long as it is not part of a major improvement.
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2. ROUTINE MAINTENANCE SAFE HARBOR
ONE TIME STATEMENT ON TAX RETURN
Recurring Repairs & Maintenance
This safe harbor can allow certain recurring maintenance costs to be deducted rather than treated as improvements.
Generally, the work must:
• Be a recurring activity;
• Be expected because of the property's use;
• Keep the property in ordinarily efficient operating condition; and
• Be reasonably expected when the property is placed in service, to occur at least twice in a 10-year period.
For buildings and building systems, the expectation is generally that the activity will be performed more than once during the 10-year period beginning when the property is placed in service.
Examples may include: recurring inspections, cleaning, testing, and replacement of worn or damaged components with comparable parts.
Important: The safe harbor does not apply to betterments or adaptations to a new or different use.
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3. SMALL TAXPAYER SAFE HARBOR
ANNUAL ELECTION ON TAX RETURN
A Special Rule for Smaller Property Owners
A qualifying small taxpayer may elect to deduct certain amounts spent on a building rather than capitalize them as improvements.
Generally, the taxpayer must have:
1. Average annual gross receipts of $10 million or less;
2. Building property with an unadjusted basis of $1 million or less; and
3. Total annual spending on repairs, maintenance, improvements and similar activities that does not exceed the lesser of:
• 2% of the building's unadjusted basis, OR
• $10,000 maximum.
The election is made annually for qualifying buildings by attaching the appropriate statement to the timely filed tax return.
Example:
A qualifying property owner has a building with an unadjusted basis of $500,000.
2% × $500,000 = $10,000
If qualifying annual expenditures are $10,000 or less, the small taxpayer safe harbor may allow those costs to be deducted rather than treated as building improvements.
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WHY THIS MATTERS
These safe harbors can provide property owners with faster tax deductions and improved cash flow by reducing the amount of qualifying expenditures that must be capitalized.

05/22/2026

Our money saving services-Cost Segregation, R and D Tax Credits, 179D Energy Efficient Tax Deductions
Still accepting projects for 2025 extended tax retruns.

04/29/2026

We are still accepting projects for 2025 extensions. It not to late to reduce or eliminate your 2025 tax burden.

04/28/2026

03/24/2026

The operative assumption today is that someone, somewhere, has a “Better Idea”…And the operative compulsion is to find that idea, learn it, and put it into action …FAST. Jack Welch - Former CEO of GE

03/24/2026

Tax Burden?? If you own rental or commercial property a cost segregation can be your answer to reducing or elimnating that burden. Reach out to me for a no cost analysis of your building.