Jerry Jones CPA
Wouldn’t it be nice to have a CPA that you deal directly with, that knows the Self Storage business, that works in all 50 states and is there for you when you need him?
I own 3 storage properties (2 in one state and the other in another state over 100 miles away)and work a full-time job about 100 miles in another direction; with all my travelling I sometimes feel like I get behind the 8-ball. That is where I was on my taxes when I contacted Jerry to prepare them. It is not a good practice to be at the last minute and needing to have your taxes prepared, but Jerry met the deadline with exceptional professionalism. I am located approximately 2,500 miles across the country from Jerry but that has been no hindrance in receiving timely exceptional customer service from him. In discussions with Jerry, he has had made suggestions that has helped me improve my operations. His knowledge of the self-storage industry incorporated into your accounting and tax-planning of your operations will prove to be invaluable. I believe he will provide you with the highest level of accounting service and tax planning and preparation for being an owner in the self-storage industry.
Donnie Christian
Bristol, Tennessee and Virginia

Cost Segregation

The Power Of Catch-Up And Bonus

By Jerry Jones, CPA aPC, and Jennifer Castillo

Last month in the October issue, we introduced you to a powerful tax savings tool called Cost Segregation. If you own a self-storage facility and haven't had a Cost Segregation Study completed, you are unquestionably overpaying your federal and state income taxes.

In this month's issue, we will discuss two specific provisions within the tax code that apply to cost segregation and make it even more advanatageous for you to consider as a self-storage investor. And don't worry-contrary to popular belief, if you've owned your facility for a number of years, it's still not too late to benefit from cost segregation. In Fact, your savings in the current tax year can be staggering!

To download entire article click here.

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