Dental Building Cost Segregation
This week we completed another dental office cost segregation study which allowed us to reclassify $302,351 or 42% of the facility’s purchase basis costs into shorter depreciation class lives with our cost segregation studies. This dental office cost segregation study has dedicated items that include pumps, vacuum systems, gas, water, piping, sinks, o2 tanks, lighting and outlets. In addition, the dentist office had various cabinetry, casework, sinks, wood flooring and VCT flooring that qualified for accelerated depreciation as well.
Dental office cost segregation is one of the most valuable tax strategies available for these business owners.