Are you a real estate developer? Have you recently done construction of a project (i.e. built a rental home)? Are the properties producing rents? If yes, then let us assist you to keep your cash flow, and minimize your Costa Rican income taxes.
A cost segregation study’s primary objective is to maximize your depreciation expense. We identify your construction costs and components and classify them to shorter asset lives and are able to use an accelerated method of write off. This study is certified and can be used to support your deprecation expense on your Costa Rican income tax return.
It also will support your updates to the municipality for declaring your assessed value of real property or help in obtaining a mortgage on the property.
Please contact us for a free one hour consultation on how we can help you reveal opportunities to reduce income tax liabilities and keep more of your cash.