$395,121.65 in first year tax savings
This $1.5 million industrial property was purchased in Grovetown, Georgia in 2021. Taking the straight-line depreciation value, it would have generated a first-year depreciation of $38,400. Instead, investors decided to use a cost segregation study to accelerate first-year depreciation to $433,500. This resulted in $395,121 in first-year tax savings.