Cost Segregation | Industrial & Manufacturing Facilities
If you own your own building, purchased or constructed it since 1987, and are paying income taxes, we may be able to significantly reduce your federal and state income tax liability. Recent tax legislation changes and court case rulings have identified certain assets that are subject to accelerated depreciation, enabling real estate owners to reap the benefits of increased tax flow and reduced tax liability. Some of the assets that are subject to accelerated depreciation are: site improvements, site utlities, site municipal systems infrastructure, furniture fixtures & equipment (FF&E), capital equipment (process related), specific equipment (hoist, dock levelers, task lighting), and special equipment utilities (pneumatics, hydraulics, electric, water, inert gases). Let us show you how to take advantage of this cash flow accelerator for the real estate you own.
Northeast, Industrial Facility
Our team of experts were engaged to perform a cost segregation study on a $8,000,000 235,000 square foot industrial facility situated on a 10 acre site in the northeast. We were able to segregate 9% in 15-Year assets and 19% in 7-Year assets.
New York, Industrial Facility
A $9,000,000 industrial facility in upstate New York benefited when our specialists reclassified over 26% of the project cost from the conventional 39-Year tax life to 5 and 15-Year lives resulting in a present value tax benefit of $361,936.
Ohio, Manufacturing Facility
This facility was constructed in 2001. A cost segregation study was performed and our team of professionals were able to identify 14.5% in 15-Year assets and 10% in 7-Year assets out of a total construction cost of $2,750,000.
New England, Manufacturing Facility
A New England based manufacturer requested a cost segregation study on their 90,000 square foot plant. We identified 28% in 15-Year property, 10% in 7-Year property, and 11% in 5-Year property out of total project cost of $3,200,000.
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
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Grant Keppel, CPA National Director
| | Jennifer Birkemeier, CPA Manager
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