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You should if you're a landlord or tenant.  Cost segretation reclassifies assets to maximize personal property, optimizing depreciation deductions and resulting in substantial cash flow benefits.  A successful cost seggregation study requires an understanding of the complexities of the tax code and of the material and methods of construction.

The result, Faster "UpFront" deduction (depreciation) for you. 

Expenditures that fall under the 15 year rule

• Qualified leasehold improvement
• Qualified restaurant propety
• Qualified retail improvement property
• Land improvements (landscaping, sidewalks, roads, canals, fences, docks)

Expenditures that fall under the 7 year rule

Office furniture, fixtures and equipment.

I'm not an account but if you are involved in a lease as a tenant or Landlord you should contact one about how much you can save.  My pick is James Moore and Associates right here in Daytona Beach.

Buying or selling commercial real estate, call me, Claude Gardner, 386 846 4135.