August 14, 2020 8:48 pm Published by jamess@rjccostseg.com We just completed a Daycare Cost Segregation study and reclassified $465,455 or 34% of the property’s cost basis into shorter depreciation class lives with our Cost Segregation services. This daycare Cost Segregation study has dedicated kid’s sinks, kitchen equipment, floor finishes, cabinetry, demising walls, communication systems, outlets and lighting. This project also qualified for 100% [...]
August 7, 2020 6:59 pm Published by jamess@rjccostseg.com A Tampa Auto Dealership Cost Segregation study allowed us to reclassify $435,133 of 5 year costs and $622,169 of 15 year basis costs into shorter depreciation class lives utilizing our Speciality Tax Services. We were able to reclassify a total of 34% of the project’s basis into these shorter class lives for accelerated depreciation. Auto [...]
July 31, 2020 9:13 pm Published by jamess@rjccostseg.com We have performed a Tenant Improvement QIP Cost Segregation study that produced great results. We were able to reclassify 76% of the project’s improvement costs for accelerated depreciation. Without this Cost Segregation study the client would have had to straight line depreciate these improvements costs. This was part of the recent passing of the CARES [...]
July 24, 2020 6:55 pm Published by jamess@rjccostseg.com For a Naples office building Cost Segregation study acquisition we were able to reclassify $831,657 of the property’s costs basis into shorter depreciation class lives with our Speciality Tax Services. These elements were reclassified into 5 & 15 year property and also qualified for 100% Bonus Depreciation because the property was a 2020 acquisition. This [...]