OBBBA Qualified Investment · 2025

Turn Tax Liability Into
Smart Infrastructure
Income

High-net-worth investors can acquire Smiota Smart Locker systems, claim 100% bonus depreciation under the One Big Beautiful Bill Act, and generate recurring rental revenue over a 5-year managed contract.

100%
Year-1 Bonus Depreciation
5yr
Guaranteed Revenue Contract
37%
Max Bracket Tax Offset
Sample Investment Snapshot
1,000-Door Stadium Deployment · Illustrative Example
Hardware Investment $1,000,000
OBBBA Deduction (Year 1) −$1,000,000
Estimated Tax Savings (37%) $370,000
5-Year Revenue (20% investor share) $945,600
Net 5-Year Return +$315,600
★  Effective cost after tax offset: ~$630,000 — revenue share begins Day 1

Four Steps to Passive Locker Income

Smiota handles everything from installation to operations. You invest, capture the tax benefit, and collect revenue.

1

Invest in Hardware

Purchase one or more Smiota Smart Locker packages. Units are tangible personal property placed in service in your investment portfolio.

2

Claim OBBBA Write-Off

Under the One Big Beautiful Bill Act, qualified business property may be eligible for 100% bonus depreciation in the year of purchase — work with your CPA to confirm applicability.

3

Smiota Deploys & Manages

We install, operate, and maintain the lockers at premium locations — apartments, campuses, offices, and transit hubs — under a 5-year deployment agreement.

4

Collect Revenue

Receive your share of rental fees, package handling revenue, and ancillary locker services. Monthly reporting and transparent income statements throughout.

Built by Founders Who Lived the Problem

Smiota was founded when CEO Manju Kashi experienced package theft at his own doorstep. Determined to solve the problem at scale, he assembled a team of Silicon Valley co-founders, experienced engineers, and industry advisors — and brought the product to market in under two years.

Today, Smiota delivers a cloud-based smart locker platform and locker operating system used by enterprises, universities, multifamily communities, government facilities, and healthcare organizations across the United States. Every system is built around the client's exact workflows — not the other way around.

With 10+ years of deployment history, Smiota has become one of the most trusted names in intelligent locker infrastructure — combining enterprise-grade hardware, a proprietary cloud platform, and a team committed to zero lost mail and zero downtime.

"Provide a cloud-based platform, locker operating system, and applications and services that facilitate secure exchange of physical goods across all industries and walks of life."

— Smiota Mission Statement
Multifamily Universities Workplaces Retail Government Healthcare Libraries Fitness & Wellness
10+
Years in Deployment
0
Lost Mail Rate
24/7
Staff Access & Monitoring
3
Active Certifications
ISO
27001

ISO 27001 Certified

Smiota has implemented a fully certified Information Security Management System (ISMS) meeting the highest international standards for data security.

SOC
2

SOC-2 Type 2 Compliant

Independently audited to guarantee data privacy, security, confidentiality, availability, and integrity across the entire organization.

MBE

Minority Business Enterprise

Certified MBE under the Western Minority Supplier Development Council — eligible for supplier diversity programs and government procurement.

MK

Manju Kashi

Founder & CEO

WR

Waheed Rasheed

Co-founder & CMO

BH

Bret Harrell

CFO

★ OBBBA Tax Advantage

Immediate 100% Depreciation on Qualified Hardware

The One Big Beautiful Bill Act restores and makes permanent 100% first-year bonus depreciation for qualified business property placed in service after January 19, 2025. Smart Locker systems are tangible personal property — potentially fully deductible in Year 1.

  • 100% of hardware cost deductible in the year of purchase
  • Immediate reduction of ordinary income for high-bracket investors
  • Applies to property with a recovery period of 20 years or less (lockers qualify)
  • Deduction is stackable — scale to match your tax planning goals
  • Revenue income from the contract offsets over subsequent years
  • Potential to combine with Section 179 for maximum benefit
Important: This is general financial information, not tax advice. Tax treatment depends on individual circumstances. Consult a qualified CPA or tax attorney before making investment decisions.
Tax Scenario Comparison
Top bracket investor — illustrative only
Investment Amount · 1,000 Doors · Stadium Deployment
$1,000,000 in Smart Lockers
Gross taxable income $2,000,000
OBBBA deduction (100%) −$1,000,000

Net taxable income $1,000,000
Tax saved (37% bracket) $370,000
Effective hardware cost after savings $630,000
5-Year Revenue (est.) · $6/door · 200 days · 80% occ.
$4,728,000 gross rental income
Venue share (50% — e.g. Chase Center) $2,364,000
Smiota operations (30%) $1,418,400
Investor share (20%) $945,600

Less effective hardware cost −$630,000
Net 5-year gain +$315,600
🌴 California Investor
CA does not conform to federal bonus depreciation
Federal OBBBA savings (Year 1 · 37%) +$370,000
CA bonus depreciation Not allowed

CA MACRS 5-yr depreciation (13.3%) +$133,000
Year 1 — 20% · $200K deduction ~$26,600
Year 2 — 32% · $320K deduction ~$42,560
Years 3–6 — remaining balance ~$63,840

Combined federal + CA tax savings ~$503,000
Effective hardware cost (CA investor) ~$497,000
CA savings are spread over ~6 years vs. federal Year 1 lump sum. Consult a CA-licensed CPA for individual tax planning.

Multiple Streams. One Investment.

Smiota lockers generate income from several sources simultaneously, providing diversified cash flow backed by a contractual minimum.

📦

Package Delivery Rental

E-commerce and carrier fees for each package deposited and retrieved from smart lockers deployed in residential and commercial settings.

$2–6 per transaction
🔒

Monthly Locker Subscriptions

Tenants, employees, and students subscribe to dedicated locker access on a recurring monthly basis — predictable, utility-like income.

$15–40 per subscriber / mo
🏢

Facility / Property Licensing

Building owners and property managers pay licensing or revenue-share agreements to offer lockers as an amenity to their tenants.

$500–2,500 per site / mo
🔄

Returns & Reverse Logistics

Retailers and logistics companies pay for convenient return drop-off points, reducing customer friction and last-mile cost.

$3–8 per return event
🛒

Micro-Retail & Vend

Premium locker arrays support on-demand retail, click-and-collect, and contactless pick-up for brands paying per-slot revenue share.

10–20% revenue share
📊

Data & Analytics Licensing

Aggregated, anonymized usage data insights licensed to logistics operators, retailers, and property developers planning infrastructure.

Ancillary upside revenue

5-Year Return Modeling

Illustrative projections for a 1,000-door stadium and high-traffic venue deployment. $6/door/day · 200 event days/year · 80% locker occupancy. Actual results vary by site.

Year Gross Revenue Venue Share (50%) Smiota (30%) Investor (20%) Cumul. Investor Notes
Year 1 $720,000 $360,000 $216,000 $144,000 $144,000 + $370,000 OBBBA = $514,000 total benefit
Year 2 $960,000 $480,000 $288,000 $192,000 $336,000 Full 200-day event calendar, 80% occ.
Year 3 $984,000 $492,000 $295,200 $196,800 $532,800 Mature venues, 82% occupancy
Year 4 $1,020,000 $510,000 $306,000 $204,000 $736,800 85% occupancy, new venue additions
Year 5 $1,044,000 $522,000 $313,200 $208,800 $945,600 87% occupancy, contract renewal option
5-Year Total $4,728,000 $2,364,000 $1,418,400 $945,600 $945,600 Plus $370,000 OBBBA = $1,315,600 total benefit
Hardware Investment
$1,000,000
1,000-door stadium deployment
Rate per Door
$6 / day
Stadium & high-traffic venue rate
Event Days / Year
200 days
Active utilization days per year
Locker Occupancy
80%
800 of 1,000 doors occupied per event
Revenue Split
50/30/20
Venue / Smiota / Investor
OBBBA Tax Savings
$370,000
100% deduction on $1M · 37% bracket

Zero Investment. Instant Revenue. Happy Fans.

Chase Center contributes foot traffic. Smiota contributes hardware, software, and operations. Investors contribute capital. The venue keeps 50% of every dollar generated — with zero upfront cost, zero maintenance responsibility, and zero operational risk. It's a pure revenue add-on that also improves the fan experience.

200+
Events / Year
1.8M+
Annual Visitors
18,064
Seat Capacity
41
NBA Home Games
100+
Concerts & Events
Chase Center (Golden State Warriors arena, San Francisco) is one of the highest-attended venues in North America. With 1,000 smart lockers deployed and $6/door/day utilization, the venue earns passive revenue on every event day without touching a single locker.
🏟️ What the Venue Puts In
$0
Zero investment · Zero maintenance · Zero operational risk
$0
Hardware Cost
$0
Software / Ops
$0
Maintenance
  • Smiota installs, owns, and operates all hardware
  • Venue provides floor space only — existing footprint
  • No capital budget required, no balance sheet impact
  • Smiota handles all customer support and billing
  • Venue can exit with standard contract notice terms
💰 What the Venue Gets Back
$2,364,000
5-year venue share · 50% of all gross locker revenue
$480K
Year 2 Revenue
50%
Revenue Share
$522K
Year 5 Revenue
  • 50% of every dollar collected from locker rentals
  • Monthly revenue disbursements, transparent reporting
  • Revenue grows as occupancy matures year over year
  • New fan amenity drives satisfaction scores and dwell time
  • Locker users spend 23% more on F&B during their visit
📈

The Hidden Upside: Lockers Drive F&B Revenue

Fans who store bags at a venue locker stay longer, move more freely, and spend significantly more at concessions and merchandise. For a venue like Chase Center averaging 9,000+ locker users per event, the downstream F&B lift alone can exceed the direct locker revenue.

+23%
F&B spend lift (locker users vs non-users)
+47 min
Avg. additional dwell time per visit
4.7★
Fan satisfaction score uplift

Two Separate Offers. One Seamless Structure.

Smiota makes two distinct offers simultaneously: one to the high-net-worth investor who provides capital, and one to the end customer who needs lockers. Customer monthly payments fund the investor's principal return. The investor's profit is purely their OBBBA tax savings — principal is fully returned over 5 years.

💼 The Investor Offer
+$104,747
Net profit · Full $283,100 principal returned over 5 years
$283,100
Invested
$56,620
Per Year Back
5 Yrs
Term
  • Invest $283,100 in certified smart locker hardware
  • Claim 100% OBBBA deduction in Year 1 → $104,747 in tax savings
  • Receive $56,620 per year for 5 years — full principal returned
  • Maintenance is Smiota's cost — you receive hardware principal only
  • Net profit = $104,747. No risk of principal loss.
🏢 The Customer Offer
$0 Down
Smart lockers today · Zero capital outlay · Zero interest
$4,718
Per Month
60
Payments
0%
Interest
  • Fully installed smart lockers with $0 upfront investment
  • Pay $4,718 per month × 60 months at 0% interest
  • Total cost: exactly $283,100 over the full 5-year term
  • Own the lockers outright at end of term — no residual payment
  • No capital outlay. No financing risk. Operational Day 1.
🔵
Smiota bridges both sides
Routes customer payments to investor as principal · Earns hardware margin + maintenance
$116,300
Hardware Margin
$112,140
Maintenance (5yr)
$228,440
Total Income
How the money flows between all three parties
💼 Investor
+$104,747
Net profit via OBBBA
Full principal returned
Invests $283,100
$56,620 / yr × 5
🔵 Smiota
$228,440
$116,300 HW margin
+ $112,140 maintenance
Installs lockers, $0 down
$4,718 / mo × 60
🏢 Customer
$0 Down
Smart lockers today
$4,718/mo · 0% · 60 mo
★  Year 1 OBBBA bonus: IRS delivers $104,747 in tax savings directly to the investor — this is the investor's entire profit. Customer payments return the full principal over 5 years.
💼

Investor receives hardware payments only

You invest $283,100 for hardware, shipping, and installation. OBBBA delivers a $104,747 tax savings in Year 1 — that is your entire profit. Smiota then collects $4,718/month from the customer and channels $56,620/year back to you as principal return, every year for 5 years. Maintenance is Smiota's revenue — not yours. You receive hardware principal only.

YR 1
Year 1
OBBBA Lands
$104,747
Full tax savings in Yr 1.
$56,620 principal paid.
YR 2
Year 2
Paying Down
$56,620
$169,860 of principal
returned cumulative.
YR 3
Year 3
Paying Down
$56,620
$226,480 returned.
Almost there.
YR 4
Year 4
Final Stretch
$56,620
Maint. steps up to
$32,040 this year.
Year 5
Fully Returned ✓
$56,620
$283,100 back in full.
Profit = $104,747.
Investor Structure
$283,100 returned over 5 years · Profit = OBBBA only
Capital invested $283,100
Annual principal repayment $56,620 / yr × 5
Total principal returned $283,100

OBBBA tax savings (Year 1, 37%) +$104,747
Investor pays maintenance? No — Smiota billed separately
Investor 5-Year Net Profit
+$104,747
The site pays back your capital. The tax code is your profit.
Smiota Income
Hardware margin upfront + maintenance over 5 years
Upfront — Hardware Sale
Hardware sold to investor $231,300
Smiota cost to manufacturer −$115,000
Hardware margin (50%) $116,300

Recurring — Maintenance
Years 1–3 ($16,020 × 3) $48,060
Years 4–5 ($32,040 × 2) $64,080
Total maintenance income $112,140

Smiota Total 5-Year Income
$228,440
$116,300 hardware margin + $112,140 maintenance
Year Principal Received from Customer OBBBA Tax Savings Investor Running Net
Year 1 $56,620 +$104,747 −$121,733
Year 2 $56,620 −$65,113
Year 3 $56,620 −$8,493
Year 4 $56,620 +$48,127
Year 5 $56,620 +$104,747 ✓
5-Yr Total $283,100 returned $104,747 savings +$104,747 net profit
Investor — 5-Year Profit
+$104,747
Full $283,100 returned.
Profit = OBBBA tax savings only.
Smiota — Maintenance Income
+$112,140
$16,020/yr (Yrs 1–3)
$32,040/yr (Yrs 4–5)
Smiota — Hardware Margin
+$116,300
Sold at $231,300.
Mfr. cost $115,000 (50% margin).

Investor receives $56,620/year from Smiota (funded by customer's $4,718/month installments) as hardware principal return. The investor's running net turns positive in Year 4 (+$48,127) and closes at exactly +$104,747 by Year 5 — equal to the OBBBA tax savings. Maintenance ($16,020/yr Yrs 1–3; $32,040/yr Yrs 4–5) is Smiota's revenue only — not included in investor cash flows. Consult your CPA. All figures illustrative.

Zero Upfront. Zero Interest.
Smart Lockers Installed Today.

Smiota offers apartments, universities, and corporate facilities complete smart locker deployment with no down payment and no interest. Pay $4,718 per month for 60 months — hardware, shipping, and installation all included. Keep your capital free.

$0
Down Payment
$4,718
Per Month
60
Monthly Payments
0%
Interest Rate
What's Included
Hardware · Shipping · Installation — all financed at 0%
Smart locker hardware $231,300
Shipping & delivery $24,050
Professional installation $27,750

Total financed $283,100
Interest charged $0
Down payment required $0
Ownership at end of term Yes — you own the lockers
Payment Structure
Simple. Predictable. No surprises.
Monthly payment $4,718 / mo
Payment term 60 months (5 years)
Annual payment $56,620 / yr
Interest rate 0%

Total cost over 5 years $283,100
Additional interest or fees $0
Maintenance (billed separately) Yr 1–3: $16,020/yr · Yr 4–5: $32,040/yr
Year Monthly Payment Annual Total Cumulative Paid Balance Remaining Maintenance (Separate)
Year 1 $4,718 $56,620 $56,620 $226,480 $16,020
Year 2 $4,718 $56,620 $113,240 $169,860 $16,020
Year 3 $4,718 $56,620 $169,860 $113,240 $16,020
Year 4 $4,718 $56,620 $226,480 $56,620 $32,040
Year 5 $4,718 $56,620 $283,100 ✓ $0 — Paid Off $32,040
Total $283,100 Paid in full $0 remaining $112,140
Is this a lease or a loan?

Neither. This is a 60-month installment purchase at 0% interest. You own the lockers outright at the end of the term — no buy-out, no residual, no balloon payment.

What about maintenance?

Maintenance is billed by Smiota separately from your monthly installments — $16,020/yr in Years 1–3, then $32,040/yr in Years 4–5. Covers software, hardware support, and parts.

Your Total Cost — 5 Years
$283,100
$4,718/month × 60 payments.
Zero interest. Zero down.
You own the lockers at month 60.
Monthly Payment — Fixed
$4,718
Same payment every month.
Predictable budget impact.
No variable-rate surprises.
Capital You Keep Free
$283,100
Zero upfront capital outlay.
Deploy cash elsewhere.
Get lockers working immediately.

Financing available to qualified customers. Figures based on standard smart locker deployment (hardware + shipping + installation). Actual monthly payment varies with deployment size and configuration. Maintenance agreement billed separately. Contact Smiota for a customized quote.

Non-Rental: Direct Purchase + OBBBA Write-Off

Don't want to share revenue? Buy the lockers outright for your property, write off 100% of the hardware cost in Year 1 under OBBBA, and own the infrastructure free and clear.

Rental Model

Investor Revenue Share

Purchase hardware, deploy via Smiota's managed network, and earn rental income over a 5-year contract. Best for passive income investors.

  • Smiota manages deployment & operations
  • 70% revenue share paid monthly
  • 5-year contracted income stream
  • Ideal for capital to put to work
★ Direct Purchase

Own It. Operate It. Write It Off.

Purchase lockers for your own property or business, claim the full OBBBA deduction, and run the system yourself — no revenue sharing required.

  • You own the asset outright
  • 100% OBBBA bonus depreciation Year 1
  • No revenue split — all operational savings are yours
  • Ideal for businesses, multifamily owners, campuses
★ Real Customer Quote · Actual Pricing
💡
Maintenance is separate — but also tax-deductible
The $283,100 capital outlay (hardware + shipping + installation) is written off in Year 1 via OBBBA 100% bonus depreciation. Annual maintenance is not included in that deduction — it is paid separately each year as an operating expense. However, maintenance is fully deductible as a business operating expense, giving you a second, ongoing tax benefit every year. You never need to fund maintenance from the OBBBA savings — both run in parallel.
Purchase Cost Breakdown
Based on actual customer proposal
Total Hardware $231,300
Total Shipping $24,050
Total Installation $27,750

Total One-Time Capital $283,100

3-Year Maintenance Package $48,060 ($16,020/yr)
2-Year Additional Maintenance Package $64,080 ($32,040/yr)
2-Year Additional Package (Years 4–5)
$32,040/yr for Years 4–5 · covers extended support, software, and hardware maintenance
5-Year Gross (Capital + Maint.) $347,180
Full Tax Benefit Analysis
37% bracket · Two separate deductions working together
Deduction 1 — OBBBA (Year 1, One-Time)
Capital outlay (depreciable) $283,100
OBBBA 100% deduction −$283,100
Tax savings @ 37% $104,747

Deduction 2 — Operating Expense (Annual, Years 1–5)
Yrs 1–3 maintenance ($16,020 × 3) $48,060
Yrs 4–5 maintenance ($32,040 × 2) $64,080
Total maintenance paid to Smiota $112,140
Tax savings on maintenance @ 37% $41,492

Total Tax Savings (5 Years) $146,239
True 5-Year Net Cost (after all tax benefits)
$249,001
vs. $395,240 gross — you save $146,239 through OBBBA + operating deductions

5-Year True Cost — Capital + Maintenance, Both Tax-Adjusted

Direct Purchase · 3-Yr Base + 2-Yr Additional Maintenance · 37% Bracket
Year Gross Cost Tax Benefit Net Cost
Year 1 $299,120 (capital + maint.) −$110,674 (OBBBA + opex) $188,446
Year 2 $16,020 −$5,927 $10,093
Year 3 $16,020 −$5,927 $10,093
Year 4 $32,040 −$11,855 $20,185
Year 5 $32,040 −$11,855 $20,185
5-Year Total $395,240 −$146,239 $249,001 net

How to read this: Year 1 capital ($283,100) + Year 1 maintenance ($16,020) = $299,120. OBBBA deduction on capital saves $104,747; maintenance operating deduction saves $5,927 in Year 1, for a combined $110,674 Year 1 tax benefit. Maintenance in Years 2–3 generates $5,927/yr; Years 4–5 steps up to $11,855/yr as rate increases to $32,040/yr. Smiota collects the full $112,140 maintenance over 5 years — the deduction shown is your tax benefit only, not a reduction in what Smiota receives. Maintenance is always a separate payment — never funded from the OBBBA deduction. Consult your CPA to confirm deductibility in your specific tax situation.

5-Year Deployment Agreement

A clear, investor-friendly contract structure designed to protect your asset, ensure revenue continuity, and create renewal upside.

📋 Ownership Structure

You retain full title to the hardware. Smiota operates the units under a licensed operator agreement. Your investment is a tangible asset on your balance sheet, not a financial instrument.

💰 Principal Return Structure

Smiota collects $4,718/month from the customer and remits $56,620/year to the investor as hardware principal return for 5 years — until the full $283,100 is returned. Maintenance revenue is Smiota's; it is not shared with the investor. Distributions are made annually with full reporting.

🔧 Full Managed Operations

Smiota provides installation, site management, technical support, software updates, and hardware maintenance for the full contract term. Zero operational burden on the investor.

📍 Site Selection & Placement

Investors may designate preferred deployment categories (residential, office, campus, transit). Smiota sources and executes site agreements with verified property partners to maximize utilization.

🔄 Contract Renewal & Exit

At year 5, investors may renew the deployment agreement, redeploy hardware to new locations, sell the units back to Smiota at fair market value, or transfer ownership to another qualified investor.

📈 Performance Reporting

Monthly investor dashboard with real-time utilization data, revenue statements, and hardware health metrics. Annual audited revenue reports provided for tax documentation purposes.

🛡️

Minimum Revenue Guarantee

Qualified multi-unit investments include a contractual minimum revenue floor for years 1–3, protecting against underperformance during the site ramp-up period. Contact us for specific guarantee terms based on package size.

Built for Investors Who Demand More

Smiota is a proven smart locker technology company with enterprise clients, multi-site deployments, and the infrastructure to scale with your portfolio.

🏆

Enterprise-Grade Hardware

IP-rated, IoT-connected locker systems used by universities, hospitals, multifamily properties, and corporate campuses across the United States.

☁️

Proprietary Cloud Platform

Real-time monitoring, OTA updates, usage analytics, and remote management — ensuring maximum uptime and investor reporting accuracy.

Rapid Deployment

Typical site goes live within 30–60 days of investment closing. Revenue begins as soon as lockers are installed and operational.

📊

Transparent Investor Portal

Monthly financial dashboards with real-time utilization data, revenue breakdowns, and hardware health metrics — no black-box reporting.

🤝

Dedicated Investor Relations

A dedicated point of contact for each investment, quarterly strategy calls, and priority access to new site opportunities as they become available.

🔗

Scalable Portfolio Structure

Start with a single package and scale to a multi-site portfolio. Portfolio investors receive enhanced revenue terms and first access to premium locations.

Premium Locations Across Key Verticals

Smiota places lockers where utilization is highest and revenue is most predictable.

🏠

Multifamily Residential

Apartment complexes, condos, and HOA communities

🏫

Higher Education

University campuses, student housing, dining halls

🏢

Corporate Office

Class-A office parks, coworking spaces, HQ campuses

🚉

Transit & Mixed-Use

Commuter hubs, mixed-use developments, retail centers

Request an Investor Briefing

Schedule a private conversation with the Smiota investment team. We'll walk through the program structure, answer your tax questions (with your CPA welcome to join), and identify the right package for your goals.

📞
Phone / Text
(800) SMIOTA-1
✉️
Investor Relations
invest@smiota.com
🌐
Website
smiota.com
Minimum investment varies by package. Accredited investor status may be required depending on the offering structure. Smiota does not provide tax or legal advice — all projections are illustrative.
Request Investor Information
Confidential · Response within 1 business day

Own the Infrastructure.
Capture the Tax Benefit.

High-net-worth investors are using OBBBA bonus depreciation to offset top-bracket income while building a 5-year revenue-generating asset.

Schedule a Private Briefing → View Financial Model
🔒 Confidential 📋 No obligation ✅ Accredited investor program 📞 Response within 24 hrs