Cost Segregation Pennsylvania
Cost Segregation Study Results
Pennsylvania is the fifth most populous state in the U.S., and is one of the 13 original founding states of the United States of America. The
Keystone State’s gross state product ranks sixth in the U.S., and is primarily driven by industrial machinery and equipment manufacturing, metal fabricating, computer and electronic equipment, chemical and allied products, printing and publishing, and agriculture (driven by milk, eggs, poultry, fruits, corn and mushroom production). The gambling and film industries play minor roles as well.
By far the largest city,
Philadelphia has a population topping 1.5 million (more than 6 million in the metropolitan area), and is the fifth-most populous city in the U.S. It is the center of economic activity in Pennsylvania, and boasts the seventh-largest metropolitan economy in the U.S. Pittsburgh follows with a population of more than 300,000 (2.3 million plus in the metropolitan area). The
“Steel City” contains more than 300 steel-related businesses and is the manufacturing headquarters for the state.
Whether in the far west taking in a Steelers football game, or on the other side of the state watching a Phillies baseball game, surrounding business properties can benefit from expert cost segregation. Put O’Connor Cost Segregation on the job for you.
Your bottom line will thank you!
Sample of Actual Study Results
Asset Type
Multifamily Multifamily Multifamily Multifamily Medical Office
Depreciable Basis
$17,512,466 $16,646,210 $24,980,401 $23,865,972 $1,354,672
Purchase Date
01/01/15 08/01/14 04/01/13 10/01/14 01/01/15
Year of Study
2015 2014 2015 2014 2015
1st Year Additional Depreciation
$707,721 $759,625 $2,280,218 $227,607 $209,270
1st Year Tax Savings
$280,258 $300,811 $902,966 $87,415 $82,871
Year 1 Payback
124.0:1 117.0:1 299.0:1 33.2:1 46.1:1
Initial 5 Years Tax Savings
$1,278,699 $1,220,226 $1,155,475 $1,583,074 $91,113
5 Year Payback
566.0:1 476.0:1 379.0:1 583.0:1 51.7:1* 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.
