Cost Segregation Study for a $3.2 Million Pharmacy, Johnston, Iowa

$1,155,083.28 in first-year tax savings

Purchased in 2021 for $3.2 million, this pharmacy in Johnston, Iowa was on track to generate first-year depreciation of $82,000. By hiring Engineered Tax Services to conduct a cost segregation study, the property investors were able to accelerate first-year depreciation to $1.2 million.