Miscellaneous

Cost segregation breaks out certain non-structural components of a building and allocates shorter life classes to those components depreciating them at an accelerated rate.

A cost segregation study is an engineering-based tax analysis that allows real estate owners to accelerate the depreciation of certain assets, thereby reducing their federal and state taxable income.

 

Here are a few examples of how Cost Seg LLC can help:

Cost Seg, LLC

5586 Main Street, Suite 1G
Williamsville, NY 14221
Tel: (716) 630-0500 or
1-877-COST LLC (267-8552)
Fax: (716) 568-8383
danrogers@costsegregation.net

Case Study #1

birmingham

Birmingham, AL – $5,735,137

We performed services for our client who constructed an automobile dealership. The complex is 57,972 square feet and located on a 8.10 acre site.  Our study results follow:

  • 5 yr. Property – 17.17 %
  • 15 yr. Property – 24.04 %
  • 39 yr. Property – 58.62 %

Add’l. Depreciation yrs. 1-5 : $ 964,520
Deferred Taxes yrs 1-5 : $ 439,821
Present Value Taxes Deferred : $ 384,701

Case Study #2

williamsburg

Williamsburg, VA – $3,079,638

Our client purchased a self-storage center on a 5.29 acre site with approximately 64,384 square feet of space. Our study results follow:

  • 5 yr. Property – 10.81 %
  • 15 yr. Property – 28.22 %
  • 39 yr. Property – 60.97 %

Add’l. Depreciation yrs. 1-5 : $ 415,775
Deferred Taxes yrs 1-5 : $ 189,593
Present Value Taxes Deferred : $ 203,524

Case Study #3

pooler

Pooler, GA – $1,995,767

We conducted a study for a client who constructed a car wash and detail center that was 10,719 square feet and situated on a 2.12 acre site. Our study results follow:

  • 5 yr. Property – 14.88 %
  • 15 yr. Property – 18.02 %
  • 39 yr. Property – 67.10 %

Add’l. Depreciation yrs. 1-5 : $ 276,405
Deferred Taxes yrs 1-5 : $ 126,041
Present Value Taxes Deferred : $ 133,235