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Cost Segregation | Banks & Financial Institutions

Banking CFOs have achieved significant tax savings by having us identify assets hidden within their facility. Many were previously over-looked and, unknown to them, qualified for accelerated depreciation to lower taxable income, and thereby, federal and state taxes. To deliver these savings we performed a Banking Cost Segregation Study with our team of specialists. These studies are sophisticated and require technical competence in the engineering, construction, estimating, appraisal, and tax disciplines in addition to extensive cost segregation experience. Therefore, they are fully recognized by the IRS, and our team performs hundreds for corporations, accountants and CPA firms throughout the country.

Sample Banking Facility Cost Segregation Studies

Georgia, Banking Offices

Constructed in 1967 and sold in 2001, this facility was situated on a small site with minimal 15 Year assets. However, we were able to locate over 170 assets qualifying for 7-Year lives worth $632,000.

Branch Banks

This Tennessee branch bank was constructed in 2005 for $1,600,000. Within this cost, we located over $250,000 in 15-Year property and approximately $300,000 in 5-Year property.
A southern branch banking office constructed in 2005 had a total project cost of over $1,300,000. A cost segregation study was performed and we were able to allocate 19% of the project costs into 15-Year assets and 21% into 5-Year assets.
An upstate New York bank was constructed new in 2003. Our team of professionals was able to identify 20% in 15-year property and 25% in 5-Year property out of a total construction cost of $1,200,000.
A New York State branch bank was constructed in 2004. A cost segregation study was performed and our professionals were able to identify 18% in 15-Year property and 8% in 5-Year assets out of a total construction cost of $1,000,000.

Contact Information:

Cost Segregation Partners is one of the nation's leading providers of cost segregation and consulting services to real estate owners. Cost Segregation Partners also assists accountants and CPA firms in providing services to their qualified clients who have constructed, bought, expanded or remodeled real estate.

Contact us Via the Web or Toll Free: (800) 591-0148


Grant Keppel, CPA National Director		Jennifer Birkemeier, CPA Manager