Everyone who owns or has invested in an apartment building should be familiar with cost segregation. Without it, you could be missing out on millions of dollars in tax savings! Keep reading to learn how apartment building owners can use cost segregation to reduce their tax liability and increase revenue. Apartment Building Tax Concerns Apartment
A cost segregation engineering review of building components and site improvements was performed on an apartment complex in Baytown, TX. The resulting benefit included a 34.91% combined reclassification of 39-year depreciation class life assets into 5 and 15 year class lives resulting in an accelerated benefit of $1,592,786.53 in reclassified assets. Through our cost segregation
Case Study Details A cost segregation engineering review of building components and site improvements was performed on a semi-large apartment complex consisting of two buildings of 70 units. The resulting benefit included a 21.54% reclassification of 27.5-Year depreciation class life assets into 5 and 15 year class lives resulting in an accelerated benefit of $1,808,105
This Cost Segregation Study produced a 41.31% reclassification of 39-Year depreciation class life assets into 5 and 15 year class lives resulting in a benefit of $8,492,119.94 in reclassified assets.