Medical Office Building Cost Segregation
$846,724 or 36% of the property’s cost basis into shorter depreciation class lives. This project as quailed for 100% Bonus Depreciation incentive as well because it was a recent acquisition. Now the client can also take advantage of partial asset disposition by expensing future repairs and renovations because they have an itemized cost basis for every item within their property.
Cost segregation is one of the most valuable tax strategies available for commercial investors, property owners and developers.