Does Cost Segregation Make Sense with Low W-2 Income?

[Elena S.]

I purchased a short-term rental this year and I am self-managing, so I qualify for active participation based on the 500 hour requirement. I am considering doing a cost segregation study, but after looking at all the costs, I think it may not be worth it. Could you please help me with the math: 

Purchase price: $835,000

Land value: approximately $125,000

Proposed $141,000 in bonus depreciation in 2022

2022 - 2027 accelerated tax depreciation of $200,000

AGI: $105,000 last year

Federal tax paid: approximately $9,300. That puts me into 24% Federal tax bracket married filing jointly.

Fee for cost segregation: $3,000

CPA fee EVERY YEAR: $1,900. Right now I'm doing my own taxes with TurboTax and happy with the result so far.

The plan for the property is to hold forever.

Thank you for your help!