Schaumburg, IL, USA – October 17, 2024 – Paragon International, Inc. a leading provider of cost segregation studies, fixed asset valuation services, Sage Fixed Asset Management Software, and physical asset inventory services, announced today that they will be participating in the Chicago Build conference, October 22-23 at McCormick Place in Chicago.
Paragon will be available at the conference to discuss increasing cash flow with tax reduction strategies that solve common issues for construction funding. Chicago Build brings together the most influential architects, contractors, developers, engineers, house builders, and investors to strategize about development, finance, management, construction, design, and operations.
As corporate real estate owners and investors continue searching for new and innovative ways to contribute to the bottom line, there are several strategies often overlooked. During an acquisition of a property, an FF&E inventory and FMV appraisal is key to establishing an Allocation of the Purchase Price and maximizing the personal property to reduce the real estate taxes. When renovating an existing property, it’s important to identify and write off the cost basis of the construction materials and equipment that is disposed during the construction. Before starting ground up construction on a new property, early project choices for cost segregation are critical to the ultimate tax classification that accelerate depreciation deductions and reduce income taxes.
“We’re pleased to participate in Chicago Build, a premier event known for offering valuable insights and networking for construction leaders and financing professionals,” said Scott Swarts, President of Paragon International, Inc. “This event provides an excellent opportunity to collaborate with key industry figures, along with investors and funding partners, to explore strategic solutions for today’s critical tax challenges.”
Leveraging their deep expertise in tax reduction strategies for the construction industry, including cost segregation, valuations, appraisals, and fixed asset inventories, Paragon will engage with key decision makers at the conference to explore opportunities for minimizing income taxes, boosting cash flow, and accelerating return on investment (ROI).
Attending Chicago Build 2024? Schedule your one-on-one with Paragon to discuss how you can leverage the latest IRS tax codes and benefits to cut costs significantly.
About Paragon International, Inc.
Serving clients since 1985, Paragon International, Inc. is at the vanguard of providing independent, impartial and accurate cost segregation analyses, as well as property valuations and appraisals to assist in and support decisions related to taxes, risk management, investment, financing and corporate planning. Our consultants have extensive fixed asset experience – they’re fixed asset experts. We have specialists experienced in valuing closely held securities, patents and other intangible assets, business enterprises, buildings, equipment and real estate. In addition, Paragon provides complete asset inventory and management solutions. We are a certified Sage Fixed Assets Business Partner, assisting with software implementation and training, barcode labels and scanners, data conversion and ERP integration. Contact Paragon International to discover how we can help you at https://fixedassetexperts.com.
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Scott Swarts for Paragon International, Inc.
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