| 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.
| Study Highlights | |
|---|---|
| Certified Units | 205 |
| 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.
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.
| 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 |
Toll-Free: 1-800-236-6519
info@engineeredtaxservices.com
303 Evernia Street #300
West Palm Beach, FL 33401
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