Purchased in 2021 for $4.4 million, this car wash in Marble Falls, TX would have generated a straight-line first-year depreciation value of approximately $293,200. However, Engineered Tax Services was able to determine more accurate depreciation rates for the individual components of the car wash. This provided investors with a first-year depreciation value of approximately $4.4 million.
|Building Type||Building Location|
|Car Wash Facility||Marble Falls, TX|
|5-Year||15-Year S/L||15-Year CL|
|1st Year Depreciation (Without Cost Seg)||1st Year Depreciation (With Cost Seg)|
|Total First Year Tax Savings|