Cost Segregation Study Results Segregation Holding Limited (SHL) completed a cost segregation study on a small grouping of bank-owned REOs with a value of $33.8MM. SHL’s engineers were able to reclassify 39.2% of the 39-year assets to 5- and 15-year assets…this resulted in an additional $13.25MM in depreciation over the first five years of ownership.…