TM
COST SEGREGATION SERVICES
INCORPORATED
Enough Said.
November 11, 2013
RE:Cost Segregation Services, Inc. (CSSI)
I am pleased to provide this recommendation for
CSSI’s cost segregation services in recognition of its
outstanding work analyzing and enhancing the tax
footprint of 14 of Storage Pros’ properties.
Storage Pros recently engaged CSSI to study these
locations in anticipation of generating accelerated
tax savings. CSSI provided a compelling,
conservative and risk-free estimate of projected
savings for the locations. Ultimately, CSSI’s analysis
identified in excess of $7 million of accelerated
depreciation across the 14 locations – roughly
double the initial estimate. This translates to
current year tax savings of $2.8 million and
approximately $2 million of benefit on a net present
value basis (and aſter consideration of all fees).
Why pay taxes before
you have to?
If you are curious to know the impact of
accelerated depreciation tax deductions
through the application of cost segregation on
your self-storage facility, CSSI will provide you
with a no cost, no obligation preliminary
analysis for your properties.
Simply share a depreciation schedule or provide
the month and year of purchase and purchase
price (minus land cost). CSSI can email an
analysis and a conservative estimate of improved
cash flow that will allow you and your tax
professional to make a secure business decision
on what is right for your tax situation. We usually
find between $40K and $80K for every $1 million
of your building purchase price.
I strongly recommend CSSI to anyone considering a
cost segregation strategy for their properties. The
CSSI team is friendly, accessible and possesses
strong business acumen. I look forward to future
opportunities to work with Cost Segregation
Services, Inc.
With over 10,000 studies and 400 SBOA member
buildings completed, CSSI is SBOA’s trusted
Proud Vendor Partner and cost segregation tax
specialist because “Friends don’t let Friends over
pay their Taxes”.
Sincerely,
Just ask John.
Call or email SBOA’s Cost Segregation Specialist
Provider
John D. Price III
Executive Vice President & Chief Financial Officer
Don Little
[email protected]
(972) 333-5059