A Cost Segregation Study is a powerful strategy to accelerate depreciation deductions. By reclassifying parts of your property—such as fixtures or landscaping—from 27.5/39-year property to 5, 7, or 15-year property, you can drastically reduce taxable income in the first few years of ownership.
👉 Tip: Perform a cost segregation study in the year of purchase, construction, or renovation for maximum benefits.
Have you done a cost segregation study on your rental property? How did it impact your taxes?