Cost Segregation Connecticut

Cost Segregation Study Results

Connecticut, though the third smallest state by area, is the fourth most densely populated state in the U.S. Most of the state’s 3.5 million plus residents live in southern and western Connecticut, which is considered part of the New York Metropolitan Area. Connecticut’s capital is Hartford, while its most populous city is Bridgeport.

Finance and Insurance are the largest industries in the state, generating 16.4% of the state’s GDP, followed by real estate (15.0%) and manufacturing (11.9%). Tourism plays a minor role in the economy, as does gambling at casinos located on Indian reservations in the eastern part of the state. On average, Connecticut has one of the highest per capital personal income rates in the U.S., and as of several years ago, had the third largest number of millionaires per capita in the U. S.

While most of our Connecticut contacts tend to be real estate owners whose assets reside in other states, our O’Connor cost segregation experts manage several studies on Connecticut assets annually. We can help you increase cash flow by reducing your federal income tax burden. Why not start today?

Sample of Actual Study Results