Qualified Improvement Property
Blog

Qualified Improvement Property (QIP): The Smart Way to Accelerate Depreciation on Commercial Renovations

Published on: Nov 10, 2025

author
Shekhar Mehrotra

Founder and Chief Executive Officer

Shekhar Mehrotra, a Chartered Accountant with over 18 years of experience, has been a leader in finance, tax, and accounting. He has advised clients across sectors like infrastructure, IT, and pharmaceuticals, providing expertise in management, direct and indirect taxes, audits, and compliance. As a 360-degree virtual CFO, Shekhar has streamlined accounting processes and managed cash flow to ensure businesses remain tax and regulatory compliant.

CallToActionImg

Considering if ProcStat is your ideal partner?

Reach out for a tailored strategy that unveils infinite opportunities for growth!

Request a Call