Standard straight-line depreciation takes place over 27.5 years for residential property and 39 years for commercial property.
A cost segregation study allows you to accelerate that depreciation, taking as much as 100% of the depreciation on your real estate in this year (instead of waiting 27.5 or 39 years).
The net result to you is receiving anywhere from $40,000 – $100,000+ in tax savings per property this year.
Not familiar with a cost segregation study? You’re not alone. Watch this interview between Remote Cost Seg co-founder Hayden Crabtree and our very own CPA and licensed general contractor Chad Brown breaking down the ins and outs of cost segregation studies: what they are, who they’re for, how they work…and the massive financial impact they can have for real estate investors like you.
Accelerated Depreciation:
Your Estimated Tax Savings (35%):
Schedule a Consult Below And We Can Tell You In 3 Minutes Or Less.
You are an active real estate investor who owns one or more investment properties.
Business Owners who own a brick and mortar location or office space.
If you own a secondary residence that you rent on AirBnB / VRBO or similar sites, you qualify.
If you or a spouse qualify as a Real Estate Professional under IRS guidelines, you qualify.
Accelerated Depreciation: $266,314
State: Texas (TX)
Cost Basis: $1,325,351
Type: Single-family
Accelerated Depreciation: $776,105
State: Arizona (AZ)
Cost Basis: $2,365,424
Type: Single-family
Accelerated Depreciation: $159,343
State: California (CA)
Cost Basis: $1,480,181
Type: Multi-family
Easier said than done. You would need to have a CPA qualified in both taxes and construction, coordinate schedules, and meet them on the property…it’s a nightmare.
With Remote Cost Seg, we’re making Cost Segregation Studies easy and available to RE investors around the country with the convenience of a simple video call (that can often be completed in less than an hour).