Shopping mall

[TAX]

I an getting a new client who has purchased small Shopping mall. Is there anything special I need to do from tax point of view?

Property ledger is managed by outside services.

I would consider this purcase as investment property
Also, I would look into cost segregation study

Anything else?

[BOB W]

I an getting a new client who has purchased small Shopping mall. Is there anything special I need to do from tax point of view?

Property ledger is managed by outside services.

I would consider this purcase as investment property
Also, I would look into cost segregation study

Anything else?

I think COST SEGREGATION STUDY is throwing us off.

I've done small shopping centers and I treat them just like it was rental property. Nothing unusual.

FOLLOWUP post:

What a dummy I am, of course the assets need to be segregated for faster depreciation of selected items.