$1,151,083.12 in first year tax savings
Had investors in this $10.3 million business center in Brentwood, New York taken the straight-line depreciation rate, the property would have depreciated by $154,000 in the first year. Instead, they applied a cost segregation study to successfully accelerate first-year depreciation to $1.3 million. This resulted in a total of $1,151,083 in first-year tax savings.
