March 19, 2021 1:39 pm Published by jamess@rjccostseg.com For a Tampa Self Storage Cost Segregation with partial climate controlled storage units we were able to reclassify over 30% of the project’s cost basis into 5 year & 15 year accelerated depreciation. We were able to reclassify $795,232 of the property’s cost basis into these shorter depreciation class lives with our Cost Segregation Services. [...]
March 12, 2021 3:56 pm Published by jamess@rjccostseg.com We just completed four Retail Cost Segregation studies this week for a client with properties in the Orlando and Daytona areas. We were able to reclassify between 32- 38% of these project’s depreciable basis into shorter depreciation class lives with our Cost Segregation services. These retail Cost Segregations had 8 different floor types and qualifying [...]
March 1, 2021 4:01 pm Published by jamess@rjccostseg.com We had a recent client that had a Tenant Improvement Cost Segregation where we were able to reclassify over 91.5% of the project’s new construction costs into 5 & 15 year accelerated depreciation classifications from 39 year. We were able to reclassify $958,433 of the project’s costs into these shorter depreciation class lives. This Tenant [...]
February 19, 2021 2:57 pm Published by jamess@rjccostseg.com For an Auto Dealership Cost Segregation study this week we reclassified $655,334 of 5 year costs and $822,169 of 15 year cost basis into shorter depreciation class lives utilizing our Speciality Tax Services. We were able to reclassify a total of 35% of the project’s basis into these shorter class lives for accelerated depreciation. Cost [...]
February 13, 2021 9:50 pm Published by jamess@rjccostseg.com This week for an Office Warehouse Cost Segregation with climate controlled storage space we were able to reclassify over 38% of the project’s cost basis into 5 year & 15 year accelerated depreciation classification. We were able to reclassify $735,534 of the property’s cost basis into these shorter depreciation class lives with our Speciality Tax [...]
January 29, 2021 8:34 pm Published by jamess@rjccostseg.com For a Tampa Hotel Cost Segregation this week we were able to reclassify $2,275,068 or 34% of the project’s depreciable basis into shorter depreciation class lives with our Cost Segregation services. These hotel Cost Segregation studies have interior and exterior elements that qualify for accelerated depreciation as well as 100% Bonus Depreciation. Hotels have an [...]
January 22, 2021 9:37 pm Published by jamess@rjccostseg.com We completed a Hotel Cost Segregation study recently where we were able to reclassify $1,620,442 or 32% of the building’s new construction costs into shorter depreciation class lives with our Cost Segregation services. This new hotel Cost Segregation study has dedicated finishes such as: cabinetry, casework, sinks, carpet, VCT flooring, communication systems, disconnects, outlets, circuits [...]
January 18, 2021 8:14 pm Published by jamess@rjccostseg.com We completed a Manufacturing Facility Cost Segregation study last week. We were able to reclassify $897,343 or 38% of the project’s cost basis into shorter depreciation class lives with our Cost Segregation services. This manufacturing facility had over 28,400 square feet of dedicated space for it’s product assembly. This facility had various dedicated electrical and [...]
January 8, 2021 9:31 pm Published by jamess@rjccostseg.com For two Mobile Home Park Cost Segregation studies we reclassified 42% and 48% of the property’s cost basis into 5 and 15 year property with our Speciality Tax Services. This property also quailed for “100% Bonus Depreciation” because it was an acquisition in 2020. These properties had qualifying asphalt, hd concrete drives, light poles, utilities, [...]
December 23, 2020 11:17 pm Published by jamess@rjccostseg.com An Orlando Medical Office Cost Segregation this week we were able to reclassify $1,216,164 or 38% of the project’s depreciable basis into shorter depreciation class lives with our Cost Segregation services. These Medical Office Cost Segregation studies have interior and exterior finishes that qualify for accelerated depreciation as well as 100% Bonus Depreciation. These medical [...]