Cost Segregation Study Benefit for this Florida Medical Facility

Cost Segregation Case Study

A cost segregation engineering review of building components and site improvements was performed on a 15,000 sq. ft. medical office and lab center. The resulting benefit included a 35.64% reclassification of 39-Year depreciation class life assets into 5 and 15 year class lives resulting in an accelerated benefit of $598,744 in reclassified assets.

Through our cost segregation studies, we work to uncover potential tax savings and increase cash flow through reclassification and depreciation of property. ETS provides a “Detailed Engineering” review as part of our reporting process, working seamlessly with the IRS and your CPA firm for minimal disruption to your business.

PROJECT MANAGER
Michael F. D'Onofrio: Senior VP and Managing Director

Michael is Managing Director at ETS specializing in national client development, relationship management and strategic direction. A frequent speaker and professional educator for CPAs, AIA, USGBC and others with a primary focus on EPAct Federal, State and Local utility energy tax incentives, energy efficiency programs and engineering-based real estate solutions to help Property Owners, Architects and top Accounting Firms across the country benefit from under-utilized tax benefits to increase cash flow and enhance profitability to maximize opportunities for success. For more information, contact Michael F. D'Onofrio

Author

Engineered Tax Services

Engineered Tax Services

Recent Posts

car wash facility

The Unique Benefits of Cost Segregation for Car Washes

For those in the car wash industry seeking ways to boost their financial performance, an often overlooked yet highly beneficial tax strategy exists: cost segregation for car washes. This IRS-approved tax planning technique can result in substantial tax savings for car washes, offering unique benefits to car wash owners and significantly enhancing their bottom line.

Read More »
private aviation solutions

Diversify Your Practice and Thrive With Aircraft Services

Introduction: Diversify Your Offerings With Private Aviation Solutions and Aircraft Ownership In today’s competitive market, accounting firms must diversify their offerings to attract new clients and maintain strong relationships with existing ones. The Engineered Advisory Accelerator Program is designed to help accounting firms do just that by connecting them with specialized experts, enabling them to

Read More »
investment tax credit

Understanding the Investment Tax Credit for Renewable Energy Projects

What is the Investment Tax Credit? The Investment Tax Credit (ITC) is a government incentive aimed at stimulating investment in renewable energy projects. The IRS provides the ITC to individual taxpayers and corporations who invest in specific large-scale projects involving renewable energy. The primary goal of the ITC is to encourage businesses to invest in

Read More »

Contact Us