Shiny new cars lined up in an auto dealership

Cost Segregation Case Study for an Automotive Dealership

As a new client of CSSI®, this dealership owner had recently performed a complete renovation of his second location. Having heard of Partial Asset Disposition he contacted CSSI® to have an analysis done on cost segregating his building including a study of disposition of assets including removal costs. CSSI® was able to provide an estimate including the PAD write down and stressed that the work needed to be quickly as the opportunity must be used in the current tax year. The client was happy to find a cost segregation company that understands all tax law as his previous cost segregation company missed the disposition write down opportunity on his original dealership.

Facility type:

Automotive Dealership

Date Purchased:

November 2016

Price:

$3,235,000

Five-year tax savings:

$235,967