Case Studies

Cost Segregation for a Multi-Tenant Office Building

A Comprehensive Source Advisors Case Study

Cost Segregation for an Office Building

Office buildings present unique tax opportunities, especially when considering multi-tenant facilities. See how Source Advisors optimized Cost Segregation to unveil remarkable tax benefits for a contemporary office complex.

The Source Advisors Solution

Source Advisors Cost Segregation engineers were engaged to analyze the actual construction costs, in the form of contractor invoices, and allocated the cost detail to various trades and building components.

Our engineers conducted detailed estimates from the construction drawings and augmented those findings with additional estimates performed during the site visit of the property. Key property personnel were also interviewed. A detailed report was delivered, identifying and documenting all of the components that qualify for a shorter tax life.

Financial Results

Following this extensive examination, Source Advisors accomplished:

10% or

was identified as 15-year land improvements.

15% or

was categorized as 5-year tangible personal property.

The results were found to be in line with the norm for a Class A office building catering to a blend of professional service tenants.

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Don’t leave money on the table. Contact Source Advisors to find out how Cost Segregation can work wonders for your bottom line.

Discover the Source Advisors Difference

Our industry experience with cost segregation has helped businesses claim billions of dollars in tax credits and incentives.

Our engineers excel at delineating construction costs to yield the highest tax benefits.

Our 40-year history of achieving substantial tax credit savings for clients across various industries is a testament to our commitment and expertise.

Our thorough reporting ensures every qualifying cost is adeptly reclassified.

Our dedicated support team is readily available to guide you through every step of the process, ensuring a smooth and stress-free experience.

Our recommendations stand in full compliance with tax legislations, offering clients unmatched peace of mind.

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