Office Building Cost Segregation

For the new construction of a 24,030 sf 2 story Office Building Cost Segregation study we had the following results: we were able to reclassify 12% of the building’s costs into 5 year and 10% into 15 property. The 1st Year cash benefit was $312,480 which includes the 100% Bonus Depreciation allowance. This building was completed earlier this year with all tenant spaces and common areas. Cost Segregation is one of the most lucrative tax strategies available for commercial property owners & investors.