Cost Segregation Virginia

Cost Segregation Study Results

The Commonwealth of Virginia, centrally located along the Atlantic seaboard, has a population approaching 9,000,000. It is roughly bounded on the west by the Blue Ridge Mountains and on the east by Atlantic Ocean and Chesapeake Bay. Virginia, one of the original 13 colonies, boasts the oldest continuous law-making body in the New World, the Virginia General Assembly. The state government is highly effective and unique in its equitable treatment of cities and counties. The largest individual city is Virginia Beach, while the greatest population is found in the metropolitan area of Fairfax County near Washington, D.C.

The economy is dominated in the north by federal agencies and in the west by agricultural concerns. Local government, military and high-tech also play significant roles. Northern Virginia plays host to software, communication technology and defense contracting companies in the Dulles Technology Corridor. Those data centers can carry up to 70% of the nation’s internet traffic! Agricultural activities cover 32% of the land in Virginia, hosting over 47,000 farms with total farmland area of over 8 million acres. The state is also the largest producer of seafood on the East Coast.

Located primarily in the far north and along the Blue Ridge Mountains, wineries and vineyards are proliferating quickly, with Virginia having the fifth-highest number of wineries in the nation.

Virginia is a regular stop for our O’Connor Cost Segregation experts. Let us help you reduce your federal income tax burden and maximize cash flow from your commercial investments. When can we start working for you?

Sample of Actual Study Results