This owner saved $150,907 in taxes.

The owner of a private event center talked with their CPA about potential tax benefits for owning their first commercial property. The CPA suggested contacting CSSI® for a no-cost, predictive analysis. The venue was mainly used for weddings, receptions, and parties. The heavily landscaped outdoor areas and large parking lot offered a tremendous 15-year benefit in accelerated depreciation. After performing the calculations, the owner received a very large tax deferral and was able to pay down the principal on the event center.