Cost Segregation Case Study for a Senior Living Facility

Our client owned a large senior living facility in Florida. He had just purchased the facility, which was 75% rented. The owner had not previously considered a cost segregation study but chose to engage based on his financial advisor’s advice. The deferrals created by the study were over $700,000 in the first year. He has purchased two more senior living franchises and has cost segregation performed on them as well.

Property type:

Senior Living Facility

Date Aquired:

October 2020

Purchase Price (less land):

$9,470,000

First Year Tax Savings Benefit:

$702,987