Cost Segregation Case Study for an Apartment Complex
CSSI® met with an apartment complex owner who was hesitant to engage in a cost segregation study. The owner felt that the numbers CSSI® talked about saving him in the current tax year had to be overinflated. According to him, “The numbers were just too good to be true.” After several discussions and getting comfortable with the CSSI® representative’s knowledge and reputation, he decided to move forward. Not only were his expectations met, but CSSI® exceeded the preliminary analysis by 10%. This client has since engaged with CSSI® for studies on seven additional properties.