Engineered Tax Services determined and identified the unit of property cost basis for improvements made to these two manufacturing facilities in Chopin and Oakdale, LA. By assigning value to lighting systems that had been removed and replaced, we helped investors claim valuable tax deductions.
Location | Un-depreciated Amount |
Chopin, LA – Manufacturing Facility | $208,222.46 |
Oakdale, LA – Manufacturing Facility | $276,063.61 |
Total Building Cost | $484,286.07 |
The purpose of this study was to identify and assign value to the building improvements for lighting that have been removed and replaced to enhance energy efficiency, maintain savings, and improve the quality of the lights. The retired assets were identified, valued, and discounted for the depreciation taken. |