Case Study 6: Mini-storage owner saved $385,011 in 10-year Net Present Value.
The three steel-framed masonry buildings (a 4-story and two 1-story buildings) that sit on 2.58 acres have a cost depreciation basis of $3,436,396.
The three steel-framed masonry buildings (a 4-story and two 1-story buildings) that sit on 2.58 acres have a cost depreciation basis of $3,436,396.
The warehouse is a single-story bay-shipping and cold storage facility, occupying 172,850 square feet, sitting on 41.5 acres. It had a depreciable cost basis of $3.897 million.
Kwik Kar Lube & Tune is a facility that consists of a 4 double-sized bay building with reception and office space and a partial basement housing the under-carriage work area plus bin and tank storage for oil and other petrochemicals. The building has a footprint of approximately 4,700 sq.ft. on a 1.12 acre site.
The BMW sales and service facility, which includes a retail showroom and office space, the parts and service department and an adjacent body shop, had a depreciable cost basis of $12.8 million.
This strip center was built for 100% restaurant occupancy. It consists of 7,555 sq. ft. of retail restaurant space on 1.1 acres of land.
This retail strip center was constructed and placed into service in July 2008. The Cost Segregation Study examined the interior build-out and site improvements with a total depreciable cost basis of $4.49 million. The retail strip consists of 83,277 square feet of retail space.
If you own Commercial Property, including leasehold improvements or rental houses, that was damaged or destroyed by the recent natural disasters, we can help you maximize your Federal tax benefits, saving you tens of thousands of dollars. You must act now before rebuilding. FREE consultation and benefit analysis. It’s your money, why wait.
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A member of our Disaster Recovery Team will contact you within 48 hours to initiate your tax credit.