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Bedford Capital Consulting Selected as Endorsed Vendor of Best Western International
11/28/06

Bedford Capital Consulting has been selected as an endorsed vendor of cost segregation services by Best Western International, Inc., THE WORLD'S LARGEST HOTEL CHAIN®.

Cost segregation is a proven tax planning strategy that allows commercial property owners to accelerate substantial depreciation deductions and defer tax payments. A cost segregation study (CSS) involves an engineering-based analysis which is used to reclassify assets from longer recovery periods, typically 27.5 or 39 years, to shorter 5, 7, or 15-year periods. The bottom line is improved cash flow, often in the hundreds of thousands and sometimes millions of dollars.
While this IRS approved technique has been used by the nation’s largest property owners as well as Big 4 caliber accounting firms for several years, it is now becoming popular with smaller owners. Cost segregation is not only for new construction projects; acquired properties and existing assets (placed in service as far back as 1987) are also eligible for a study.

“This is a significant step forward for Bedford and our industry,” said Greg Bryant, President of Bedford Capital Consulting. “Cost segregation is a widely untapped source of operating capital for organizations that are heavily invested in commercial property. We look forward to helping Best Western members more fully release the hidden value in their properties by applying the art and science of engineering to the complexities of tax and depreciation.”

For additional information on Bedford’s status as an endorsed vendor of Best Western International please contact Jacob Hopper, Director of Strategic Development at Bedford Capital Consulting.

About Best Western International, Inc. – Best Western is THE WORLD’S LARGEST HOTEL CHAIN® with 4,200 hotels in 80 countries and territories. It is a membership association of independently owned and operated hotels that provides marketing, reservations and operational support to its members. For more information about Best Western, visit www.bestwestern.com.