Hotel  Cost Segregation

The hotelier was able to fund payroll for the entire onsite staff for two years with his tax savings

Key Data Points:

  • Building Purchase Price:   $10,808,430
  • Land Purchase Price:  $2,487,786
  • Opened: March 2022
  • Rooms: 120

Location:

  • Cherry Creek, CO

Key Features:

  • Putting Green
  • Retaining Wall
  • Indoor and Outdoor Pool
  • Laundry Facilities
  • Restaurant on Site

  • 5-Year Personal Property Breakout
    • 15% of the building purchase price
    • 100% bonus applied
  • 15-Year Site Improvements
    • 8.4% of the building purchase price
    • 100% bonus applied

Financial Impact:

  • Tax Savings:  $901,885 in the first five years with all of the savings in year one.

WANT TO KNOW YOUR ESTIMATE OF BENEFIT?

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