Case Study 3: Owner of apartment/retail space pocketed $375,903 in first-year income tax savings!

The mixed-use facility consists of a 5-story building with the basement housing office space, the street level housing retail space, and the upper 3 floors housing a total of 12 apartments. The property has a footprint of approximately 9,700 sq.ft. with a total gross area of approximately 12,600 sq.ft., and it occupies a .22 acre…

Case Study 2: Hotel owner saved almost $1 million in federal and state income taxes with accelerated depreciation on over $4 million in assets!

The pre-engagement estimate for this luxury hotel with 224 guest suites, a full service restaurant, lounge/bar area, heated indoor and outdoor pools, multiple function rooms and a guest parking area showed a potential reallocation of $4,098,958. The Cost Segregation Study reallocated an actual $4,377,888 of the assets to shorter recovery periods.

Case Study 1: Apartment owner saved over $2 million in federal income taxes!

The facility in this Study consisted of 44 two-story apartment buildings with a total of 493 units of one-, two-, and three-bedroom apartments. The property also included a leasing office, maintenance shop, and fitness center. The property’s footprint was approximately 175,569 square feet with a total gross area of approximately 526,707 square feet on a…