Cost Seg Examples
On a Ford Dealership
$3,673,920.88 in 1st year tax savings!!!
In 2016, a $7,761,258 Ford auto dealer had a cost segregation study performed on his dealership. Without a cost segregation study, the building would have generated a 1st year depreciation of $199,006.61. Our client became a raving fan when we were able to accelerate $3,872,927.49. That is roughly 50% in accelerated depreciation in the first year. The client was able to significantly reduce their federal income taxes and increased their bottom line.
Total 1st Year Depreciation using Cost Segregation: $3,872,927.49
1st Year Depreciation without Cost Segregation: $199.006.61
Total 1st Year Difference in Depreciation: $3,673,920.88
On a Strip Mall
$2,124,932.71 in 1st year tax savings!!!
In 2020, a $5,430,003.00 strip mall had a cost segregation study immediately after purchasing the property. Without a cost segregation study, the building would have generated a 1st year depreciation of $139,230.85. Our client and his CPA were quite pleased when we were able to accelerate $2,124,932.71. The client was able to take advantage of BONUS DEPRECIATION and take the entire amount of accelerated depreciation in the FIRST YEAR. The client was able to significantly reduce their federal income taxes and increased their bottom line. He decided to purchase another building and have another cost segregation study performed on the newly acquired purchase.
Total 1st Year Depreciation using Cost Segregation: $2,124,932.71
1st Year Depreciation without Cost Segregation: $139,230.85
Total 1st Year Difference in Depreciation: $1,985,701.86
On a Shopping Mall
$6,464,630.90 in 1st year tax savings!!!
In 2019, a $21,641,507.00 shopping mall had a cost segregation study immediately after purchasing the property. Without a cost segregation study, the shopping mall would have generated a 1st year depreciation of $554,910.44. Our client was quite pleased when we were able to accelerate $6,464,630.90. The client was able to take advantage of BONUS DEPRECIATION and utilize cost segregation in the FIRST YEAR. The client was able to significantly reduce their federal income taxes and increased their bottom line.
Total 1st Year Depreciation using Cost Segregation: $6,464,630.90
1st Year Depreciation without Cost Segregation: $554,910.44
Total 1st Year Difference in Depreciation: $5,909,720.46
On a Law Firm Office
$1,016,176.96 in 1st year tax savings!!!
In 2019, a $2,566,003.68 law firm office had a cost segregation study immediately after purchasing the property. Without a cost segregation study, the office building would have generated a 1st year depreciation of $65,794.97. Our client and his CPA were quite pleased when we were able to accelerate $1,016,176.96. The client was able to take advantage of BONUS DEPRECIATION and take the entire amount accelerated depreciation using cost segregation in the FIRST YEAR. The client was able to significantly reduce their federal income taxes and increased their bottom line.
Total 1st Year Depreciation using Cost Segregation:$1,016,176.96
1st Year Depreciation without Cost Segregation: $65,794.97
Total 1st Year Difference in Depreciation: $950,381.99
On a Veterinarian Office
$453,718.62 in 1st year tax savings!!!
A $1,359,251.67 veterinarian office had a cost segregation study performed immediately after purchasing the building. Without a cost segregation study, the building would have generated a 1st year depreciation of $34,852.61. Our client became a raving fan when we were able to accelerate $453,718.62. That is roughly 33% in accelerated depreciation in the first year. The client was able to significantly reduce their federal income taxes and increased their bottom line.
Total 1st Year Depreciation using Cost Segregation: $453,718.62
1st Year Depreciation without Cost Segregation: $34,852.61
