Urgent Care Facility

Salas O’Brien conducted a cost segregation study for a 6,838-square-foot urgent care facility, originally built in 2013 and recently renovated. The analysis covered the main building, entrance canopies, paving, and site improvements on a 1.2-acre plot. Our team identified significant tax-saving opportunities by reclassifying assets into shorter depreciation periods. The study revealed that $584,810.96 of acquired improvements and $1,211,637.39 of new construction renovation costs qualified for accelerated depreciation.

This reclassification allows for faster recovery of capitalized costs, potentially generating substantial tax benefits and increased cash flow for the property owner. Our expertise in cost segregation provided valuable financial insights, enabling clients to optimize their tax strategy and reinvest in their business.