$18,390,259.00 in Total Realized Tax Savings
By applying cost segregation, property investors accelerate depreciation, reduce tax liability and increase their bottom line. This aids in future benefits via abandonment, repairs, routine maintenance and overall asset management. ETS performs hundreds of cost segregation studies on a monthly basis for property owners, providing a detailed engineering review of assets including special purpose mechanical and electrical systems, decorative finishes, site improvements, and any process related to special purpose construction.
|Class Life||Percentage||Accelerated Tax|
|Total Realized Tax Benefits||$18,390,259.00|
% amounts relate to how much was reallocated from the depreciated basis
Study Details – Assisted Living Facility Improvement: Engineered Tax Services performed a cost segregation engineering review of building components and site improvements on a 44,797 square foot building situated on 5.98 acres. The cost segregation benefit included a reclassification of 27.5-year depreciation class life assets into 5 and 15 year class lives, resulting in a combined benefit of $18,390,259.00 on the improvements.