Case Study: Understanding the Impact of Cost Segregation Studies

Tax Partner Michael Silvio shares how MGO helped a client save upwards of $1.6M in taxes, along with an additional $2.2M in depreciable assets. By conducting a thorough cost segregation study and reducing the property’s land value from 40% to 15%, the MGO team went beyond the standard approach, assessing the land vs. building value and using insights from the county assessor. Michael explains how MGO's attention to detail sets them apart from other firms in delivering substantial tax savings.

'We took the time to really assess the need and then also go a little further and not just do the cost segregation study, but look at the land versus building value, go out to the county assessor website, see what the value is and see if there are any ways we could reduce it. And that's where I think we add more value than other companies that do cost segregation studies.'