In the United States, the last several years have seen a boom in the self-storage industry. The total square footage of self-storage facilities in the U.S. is estimated at 2.35 billion square feet, with the average facility size approaching 50,000 square feet! The large size, unique space configuration, and recent technology changes mean that self-storage facilities can garner substantial Section 179D Energy Policy Act (EPAct) tax savings.
You may wonder how we know that here at Sexton & Schnoll. We specialize in accounting and tax services for boat and self-storage facilities. It’s the passion of our Self Storage CPA team. We understand the ins and outs of operating a boat storage business, and we’re eager to help you maximize profits while minimizing your tax burden by capitalizing on all applicable tax savings available to you.
Give us a call today at 352-336-1001 for more information or to request a free consultation to learn how we can help you grow your boat storage business.