Asset Type

ApartmentGarden ApartmentGarden Apartment-HighRise ApartmentStructure ApartmentStructure

Depreciable Basis

$25,719,585 $6,620,736 $3,417,900 $28,000,000 $8,345,000

Purchase Date

Jan-19 Dec-20 Dec-19 Sep-18 Mar-19

Year of Study

2019 2019 2019 2019 2020

1st Year Additional Depreciation

$5,720,674 $2,446,220 $1,226,130 $10,423,165 $1,605,202

1st Year Tax Savings

$2,116,649 $905,101 $453,668 $3,856,571 $593,925

Year 1 Payback

672 to 1 287 to 1 144 to 1 1,224 to 1 119 to 1