Assisted Living Cost Segregation

Assisted living Cost Segregation works out very well for our clients due to what is incorporated into these facilities. For a recent assisted living cost segregation we reclassified $1,056,749 or 35% of the facility’s purchase basis costs into shorter depreciation class lives with our cost segregation studies. This facility has various qualifying items that include cabinetry, casework, flooring, kitchen equipment, sinks, decorative lighting outlets, wall coverings, ventilation equipment and site improvements.

Assisted living cost segregation studies are one of the most valuable tax strategies available for these property owners and developers.