What properties can I do Cost Segregation on?

Cost segregation is a tax planning strategy that can be used on any commercial, industrial, and rental properties. If you own real estate investments, you can claim depreciation. If you can claim depreciation, there might be assets in your property that can be depreciated faster. A few examples of properties that may be eligible for cost segregation include:

1. Office buildings

2. Retail stores and shopping centers

3. Restaurants and hospitality properties

4. Industrial and manufacturing facilities

5. Warehouses and distribution centers

6. Multi-family residential properties

7. Medical and healthcare facilities

8. Sports and entertainment venues

9. Self-storage facilities

10. Agricultural properties

11. Mobile Home Parks

12. Single Family Residences

13. House of Worship (as long as not owned by non-profit).

14. Airbnb properties

15. Apartment Condos

16. Office Condos

17. Dental Offices etc...

It's important to note that not all assets within a property are eligible for accelerated depreciation. The eligibility of a property for cost segregation can depend on a number of factors, including the age and condition of the property, the type of construction, and the type of ownership structure.

If you're considering cost segregation for your property, it's important to work with a cost segregation specialist to determine eligibility and ensure that the strategy is implemented properly to maximize tax benefits in a manner that suits your style and strategy.

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