45L Case Study on Apartments in North Carolina

45L case study north carolina

$330,000.00 Total Tax Credits

Study Highlights
Certified Units 165
Tax Credits $330,000.00

Engineered Tax Services, Inc. has helped thousands of property owners nationally increase their cash flow by accelerating depreciation through our cost segregation studies, which work to uncover potential tax savings and boost cash flow through reclassification and depreciation of property. Engineered Tax Services provides a detailed engineering review as part of our reporting process, working seamlessly with the IRS and your CPA firm for minimal disruption to your business.

45L Case Study on Apartments in Florida

apartments

$410,000.00 in Total Tax Credits

Study Highlights 
Certified Units205
Tax Credits$410,000.00

Engineered Tax Services, Inc. has helped thousands of property owners nationally increase their cash flow by accelerating depreciation through our cost segregation studies, which work to uncover potential tax savings and boost cash flow through reclassification and depreciation of property. Engineered Tax Services provides a detailed engineering review as part of our reporting process, working seamlessly with the IRS and your CPA firm for minimal disruption to your business.

Cost Segregation Study and 45L Tax Benefits on a Assisted Living Facility

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Engineered Tax Services performed a cost segregation engineering review of building components and site improvements on a 32,000 square foot building in Negaunee Michigan. The single story building has various areas devoted to office and nursing station activities, multipurpose, spa & activity rooms, areas devoted to kitchen, dining and laundry plus a salon, therapy and lobby entrance. The cost segregation benefit included a reclassification of 27.5-year depreciation class life assets into 5 and 15 year class lives, resulting in a combined benefit of $1,199,763.72.

Additionally, ETS’ next generation cost segregation study captured $76,000.00 in 45L Residential Energy Efficiency Tax Credit as well as identify $2,286.90 in qualified repairs under the final tangible property repair regulations.

$1,199,763.72 in Total Realized Tax Savings

Class Life Percentage Accelerated Tax
5-Year 16.85% $758,967.74
15-Year 9.78% $440,795.98
27.5-Year 78.37% $3,305,120.44
Total Realized Tax Benefits $4,504,884.16