December 11, 2020 11:16 pm Published by jamess@rjccostseg.com This week we completed a mixed use building Dental & Apartment Cost Segregation study and were able to reclassified over 39% of the property’s cost basis into shorter depreciation class lives. This project was a historic building Cost Segregation. This mixed use building Cost Segregation study had dedicated dental service sinks, equipment outlets, floor finishes, [...]
December 8, 2020 9:32 pm Published by jamess@rjccostseg.com For a Tampa Office Warehouse Cost Segregation study we were able to reclassify $933,720 or 32% of the property’s cost basis into shorter depreciation class lives. These elements were reclassified into 5 & 15 year property and also qualified for 100% Bonus Depreciation because the property was an acquisition earlier this year. This property had [...]
November 28, 2020 8:45 pm Published by jamess@rjccostseg.com This week for a Self Storage Cost Segregation study with climate controlled storage units we were able to reclassify over 27% of the project’s basis into 5 year & 15 year accelerated depreciation. We were able to reclassify $255,989 of the property’s cost basis into these shorter depreciation class lives with our Speciality Tax Services. [...]
November 20, 2020 9:52 pm Published by jamess@rjccostseg.com For a Assisted Living Cost Segregation we were able to reclassify $2,170,152 or 37% of the project’s cost basis into shorter depreciation class lives with our Cost Segregation services. These Assisted Living Cost Segregation studies have interior and exterior finishes that qualify for accelerated depreciation. These properties have a substantial amount of (IRS) Section 1245 [...]
November 17, 2020 10:08 pm Published by jamess@rjccostseg.com For an Office Warehouse Manufacturing Cost Segregation study we reclassified $1, 260,654 of the building’s cost into shorter depreciation class lives with our Cost Segregation Services. The first year cash value for this study is $441,752. This project as quailed for 100% Bonus Depreciation because it was a recent acquisition. Now the client can also [...]
October 30, 2020 7:20 pm Published by jamess@rjccostseg.com We completed DIY Cost Segregation studies for 4 rental houses this week. We were able to reclassify $368,254 or 27% of the project’s cost basis into shorter depreciation class lives with our Cost Segregation services. These DIY residential rental Cost Segregation studies have typical interior and exterior finishes that qualify for accelerated depreciation. These properties [...]
October 2, 2020 7:30 pm Published by jamess@rjccostseg.com For a dentist office Cost Segregation study we reclassified $443,432 or 35% of the property’s cost basis into shorter depreciation class lives with a Cost Segregation study. This dentist office Cost Segregation study had dedicated service sinks, equipment outlets, floor finishes, cabinetry, demising walls, communication systems, vacuum & suction equipment, compressors and lighting. This project [...]
September 8, 2020 11:36 pm Published by jamess@rjccostseg.com For a 43 space Mobile Home Park Cost Segregation completed this week we were able to reclassify 40% of the project’s basis into 5 year & 15 year accelerated depreciation. We were able to reclassify $333,843 of the property’s cost basis into these shorter depreciation class lives with our Speciality Tax Services. This property has [...]
August 28, 2020 7:14 pm Published by jamess@rjccostseg.com This week we completed a 179D EPAct energy efficient study for an office building in Georgia. This project qualified for the complete $1.80 per sf tax deduction because of it’s energy efficient lighting, HVAC and building envelope components. We will also be completing a Cost Segregation study for this property as well. Combing the benefits [...]
August 21, 2020 8:53 pm Published by jamess@rjccostseg.com We had an Apartment Property Cost Segregation study that was completed this week. We reclassified $2,460,750 or 28% of the project’s cost basis into shorter depreciation class lives with our Cost Segregation services. This Apartment Complex Cost Segregation study had 196 apartments, clubhouse facilities, dog walk park and 2 pools. This project had a substantial [...]
