Study Details – Medical Facility Purchase: Engineered Tax Services performed a cost segregation engineering review of building components on a one-story, 15,838 square foot medical office building. 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 $1,622,280 on the
Tag: Tax Benefits
Why EPAct Benefits Public Entities Several Architectural firms have discussed EPAct with their School and City clients. When a Public Entity agrees to sign the EPAct gifting letter, the Architect is then able to take advantage of the EPAct tax deductions, which allows the Architectural firm to work to maximize energy savings for that Entity.
A cost segregation engineering review of building components and site improvements was performed on residential buildings, approx. 140,201 sq. ft., in Washington. The resulting benefit included a combined 39.37% reclassification of 27.5-year depreciation class life assets into 5 and 15-year class lives resulting in an accelerated benefit of $4,640,036 in reclassified assets. Upon further inspection,
By applying cost segregation, property investors, such as owners of medical buildings, accelerate depreciation, reduce tax liability and increase their bottom line. This aids in future benefits via abandonment, repairs, routine maintenance and overall asset management. ETS performs hundreds of cost segregation studies on a monthly basis for property owners, providing a detailed engineering review
Without engineering-based tax services, auto dealership commercial property owners are unable to take full advantage of the tax law; therefore, they surrender maximum ROI to the IRS. Real estate investing can be a risky venture, especially in today’s economy. Engineered Tax Services (ETS) can help you strengthen your investments and increase ROI through our specialty