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Cost Segregation Michigan

Cost Segregation Study Results

Cost Segregation Michigan

Michigan is the only state in the nation composed of two peninsulas. The good news is that we love working on peninsulas! Whether in the Detroit – Ann Arbor area in the southeast, or over to Grand Rapids on the west coast, or even up near Cheboygan on the northern tip of the mitten, we are ready to provide cost segregation services to help you retain more of your profits by paying less federal taxes.

Cost Segregation Services Michigan

Michigan enjoys a diverse economy though it is widely known as the center of the U.S, auto industry. Beyond being the home to the country’s three major auto companies, the lower peninsula is a center for manufacturing, agriculture and the high-tech industry. Additionally, tourism is a $17 billion plus a year business, as travelers flock to the almost 50,000 square miles of forests, almost innumerable lakes, and thousands of miles of sandy beaches.

Cost Segregation Study Michigan

Hunting and fishing are significant industries, contributing more than $2 billion annually to its economy. The Upper Peninsula is a mecca for nature lovers and a storehouse of natural resources.

If you are lucky enough to own commercial assets in Michigan, let us help you enhance your cash flow by reducing your federal tax burden through the use of our cost segregation studies. Whether we are enjoying an ice cold bottle of Vernors pop in Detroit, or a hot pasty in the U.P., we love working in Michigan!


Sample of Actual Study Results

Asset Type

Medical Office
Multifamily
Restaurant
Retail
Warehouse


Depreciable Basis

$2,265,239
$8,557,381
$2,150,000
$4,815,243
$3,154,044


Purchase Date

09/01/14
12/01/15
10/01/15
03/01/15
12/01/14


Year of Study

2014
2015
2015
2015
2015


1st Year Additional Depreciation

$116,256
$995,209
$18,840
$125,963
$948,096


1st Year Tax Savings

$46,037
$394,103
$1,469
$49,881
$375,446


Year 1 Payback

15.2:1
145.0:1
1.2:1
17.6:1
124.3:1


Initial 5 Years Tax Savings

$199,867
$524,576
$136,055
$250,631
$662,298


5 Year Payback

67.2:1
194.0:1
23.7:1
89.3:1
219.3:1

* Results from “Catch Up” studies which allow the owner of properties purchased in previous tax years
to benefit from cost segregation in the current tax year without filing amended returns.

** Mid-Quarter depreciation convention utilized due to purchase date.

***Results include bonus depreciation first year calculations.

NOTE: The above listed tax savings are based on a 39.6% tax rate for the owner.

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