Cost Segregation Study Benefit for a Storage Facility – North Carolina

Self Storage Facility, North Carolina
COST SEGREGATION STUDY

Related Article: Tax Tools Every Self-Storage Owner Must Know!

A cost segregation engineering review of building components and site improvements was performed on a storage facility in Sanford, NC. The resulting benefit included a 60.62% combined reclassification of 39-year depreciation class life assets into 5 and 15 year class lives resulting in an accelerated benefit of $642,125 in reclassified assets.

Through our cost segregation studies, we work to uncover potential tax savings and increase cash flow through reclassification and depreciation of property. ETS 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. For more information, please contact us at 800-236-6519.

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Engineered Tax Services

Engineered Tax Services

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