CS-2024-0142
Acquisition
InReview · post-engineering
CR-001: every classification needs cited authority
Westgate Logistics — MACRS classification
Assign each component to its 5/7/15/27.5/39-year life. Attach a Rev. Proc. 87-56 class, ATG chapter, or Whiteco factor analysis to every line. Items below the 70-pt confidence threshold are auto-flagged for review.
Direct-cost lines classified
312/ 348
36 remaining · residual locked
Below-threshold flags
22
11 cleared · 11 to address
Authority coverage
100%
All cite Rev. Proc. / ATG / Whiteco
Reclassified basis
$4.62M
31% of $14.8M basis
Component classifications
CD-002 — 5/7/15-year personal property & land improvements; 27.5/39-yr stays §1250
All · 348
Below 70 · 22
5-yr · 86
7-yr · 14
15-yr · 42
39-yr · 206
| Component | Proposed class | Cited authority | Confidence | Status |
|---|---|---|---|---|
| Decorative wall sconces 142 EA · $26,199 |
Rev. Proc. 87-56 · 57.0 | 94% | Cited | |
| Site paving — heavy duty 48,200 SF · $395,240 |
ATG Ch. 6.4 · Whiteco 4/6 | 68% | Below 70 | |
| Loading dock levelers 12 EA · $170,400 |
Rev. Proc. 87-56 · 57.0 | 96% | Cited | |
| Tenant signage — pylon 3 EA · $55,200 |
Whiteco Industries · 4/6 | 62% | Aggressive | |
| HVAC — RTUs (×8) $182,400 |
Rev. Proc. 87-56 · 00.4 | 98% | Cited | |
| Decorative landscaping 24 trees · $43,680 |
Rev. Proc. 87-56 · 00.3 | 76% | Cited | |
| Specialty electrical — server room LS · $84,200 |
Whiteco Industries · 6/6 | 91% | Cited | |
| Sprinkler system $373,760 |
Hospital Corp. of Am. | 94% | Cited | |
| Tenant carpet — LVT 14,200 SF · $53,960 |
Rev. Proc. 87-56 · 57.0 | 92% | Cited | |
| Demountable partitions 280 LF · $86,800 |
Hospital Corp. of Am. · 109 T.C. 21 | 88% | Cited |
Authority lookup
Rev. Proc. 87-56 · ATG · Whiteco
Rev. Proc. 87-56 · 57.0
Distributive Trades & Services — 5-yr personal property, includes signage, decorative items, LVT.
ATG Ch. 6.4
Site improvements analysis — Whiteco 6-factor framework for §1245 reclass.
Hospital Corp. of Am. · 109 T.C. 21
Demountable partitions, decorative millwork, specialty electrical — supports §1245 reclassification.
Residual basis pool
CR-006 sequencing
Original basis
$14,800,000
Direct-cost classified
$13,820,400
Soft costs (allocate pro-rata)
$979,600
Σ classified amounts
$14,800,000
CR-002 variance
$0.00
Residual allocation is locked until all 348 direct-cost line items are classified. 36 remaining.